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

SATA Technology Co., Ltd. (NASDAQ:SATA) announced 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 of this dividend is Friday, November 27th.

SATA Technology Stock Up 0.1%

Shares of SATA stock traded up $0.06 during trading hours on Friday, reaching $98.02. The company had a trading volume of 365,292 shares, compared to its average volume of 331,332. SATA Technology has a 12 month low of $79.01 and a 12 month high of $101.35. The firm has a fifty day moving average of $99.55.

Insider Buying and Selling at SATA Technology

In other SATA Technology news, CMO Arshia Sarkhani sold 5,634 shares of the firm’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $176,513.22. Following the transaction, the chief marketing officer directly owned 11,795 shares in the company, valued at approximately $369,537.35. This trade represents a 32.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director James Lavish sold 6,000 shares of SATA Technology stock in a transaction on Monday, October 5th. The stock was sold at an average price of $30.75, for a total transaction of $184,500.00. Following the transaction, the director directly owned 8,815 shares in the company, valued at $271,061.25. This represents a 40.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 42,620 shares of company stock valued at $1,325,038 in the last three months.

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.