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

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Saturday, October 17th. Investors 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

SATA Technology stock traded down $0.96 during mid-day trading on Friday, reaching $96.89. 588,706 shares of the company were exchanged, compared to its average volume of 328,228. The firm’s fifty day simple moving average is $99.71. SATA Technology has a 12 month low of $79.01 and a 12 month high of $101.35.

Insider Activity at SATA Technology

In related news, CFO Benjamin Pham sold 4,209 shares of the company’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 $131,867.97. Following the completion of the sale, the chief financial officer owned 17,365 shares of the company’s stock, valued at $544,045.45. This represents a 19.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CMO Arshia Sarkhani sold 5,634 shares of the company’s 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 sale, the chief marketing officer directly owned 11,795 shares of the company’s stock, valued at $369,537.35. This represents a 32.33% 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. Insiders sold a total of 42,620 shares of company stock worth $1,325,038 in the last quarter.

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.