SATA Technology Co., Ltd. (NASDAQ:SATA) Shares to Pay Dividend of $0.06

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Monday, October 19th. Stockholders of record on Friday, November 27th will be given a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date is Friday, November 27th.

SATA Technology Stock Up 1.0%

Shares of NASDAQ:SATA traded up $0.94 during trading on Tuesday, reaching $98.75. 581,701 shares of the stock were exchanged, compared to its average volume of 329,468. SATA Technology has a 1-year low of $79.01 and a 1-year high of $101.35. The stock has a fifty day moving average price of $99.64.

Insider Transactions at SATA Technology

In other news, CMO Arshia Sarkhani sold 5,634 shares of the business’s stock in a transaction dated 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 sale, the chief marketing officer directly owned 11,795 shares of the company’s stock, valued at $369,537.35. The trade was a 32.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Brian Logan Beirne sold 20,077 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $629,012.41. Following the completion of the transaction, the insider directly owned 41,425 shares in the company, valued at approximately $1,297,845.25. The trade was a 32.64% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 42,620 shares of company stock valued at $1,325,038.

SATA Technology Company Profile

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.