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

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Wednesday, October 21st. 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 Trading Down 0.2%

Shares of NASDAQ:SATA traded down $0.20 during trading on Thursday, hitting $97.96. 469,901 shares of the company’s stock were exchanged, compared to its average volume of 331,146. SATA Technology has a 52-week low of $79.01 and a 52-week high of $101.35. The firm has a 50-day moving average of $99.58.

Insider Activity

In related news, CMO Arshia Sarkhani sold 5,634 shares of the company’s 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 sale, the chief marketing officer owned 11,795 shares of the company’s stock, valued at $369,537.35. This represents a 32.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Pierre Rochard purchased 15,900 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was acquired at an average cost of $12.54 per share, with a total value of $199,386.00. Following the acquisition, the director owned 15,900 shares in the company, valued at $199,386. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders sold 42,620 shares of company stock worth $1,325,038.

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.