SATA Technology Co., Ltd. (NASDAQ:SATA) Announces Dividend of $0.06

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Friday, October 23rd. Stockholders of record on Friday, November 27th will be paid a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date is Friday, November 27th.

SATA Technology Price Performance

Shares of SATA stock traded up $0.06 during trading hours on Friday, hitting $98.02. 365,292 shares of the company were exchanged, compared to its average volume of 331,332. The business’s fifty day moving average price is $99.55. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35.

Insider Activity at SATA Technology

In related news, Director Pierre Rochard purchased 15,900 shares of the business’s stock in a transaction on Friday, August 14th. The shares were bought at an average price of $12.54 per share, with a total value of $199,386.00. Following the completion of the purchase, the director directly owned 15,900 shares in the company, valued at approximately $199,386. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CMO Arshia Sarkhani sold 5,634 shares of SATA Technology stock in a transaction on Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $176,513.22. Following the completion of the transaction, the chief marketing officer owned 11,795 shares in the company, valued at approximately $369,537.35. This trade represents a 32.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 42,620 shares of company stock valued at $1,325,038 over the last 90 days.

About SATA Technology

Strive Asset Management, LLC is a privately owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm invests in exchange traded funds. The firm conducts in-house research to make its investments. Strive Asset Management, LLC was founded in 2022 and is based in Dallas, Texas.