SATA Technology Co., Ltd. (NASDAQ:SATA) Shareholders to Get $0.06 Dividend

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Thursday, October 29th. Shareholders of record on Friday, November 20th will be given a dividend of $0.0571 per share on Monday, November 23rd. The ex-dividend date is Friday, November 20th.

SATA Technology Stock Performance

SATA traded down $1.86 during trading on Friday, hitting $96.12. The stock had a trading volume of 299,852 shares, compared to its average volume of 330,384. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35. The business has a 50-day moving average of $99.42.

Insider Activity

In other news, Director Jonathan R. Macey sold 6,700 shares of the firm’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $30.32, for a total value of $203,144.00. Following the completion of the transaction, the director owned 8,115 shares in the company, valued at $246,046.80. This trade represents a 45.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CMO Arshia Sarkhani sold 5,634 shares of SATA Technology stock in a transaction dated 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 owned 11,795 shares of the company’s stock, valued at approximately $369,537.35. The trade was a 32.33% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 42,620 shares of company stock valued at $1,325,038 in the last 90 days.

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.