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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Thursday, October 29th. Stockholders of record on Tuesday, November 10th will be paid a dividend of $0.0571 per share on Thursday, November 12th. The ex-dividend date is Tuesday, November 10th.

SATA Technology Trading Down 1.9%

Shares of SATA stock traded down $1.86 during mid-day trading on Friday, hitting $96.12. The company’s stock had a trading volume of 299,852 shares, compared to its average volume of 330,384. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35. The stock’s fifty day simple moving average is $99.42.

Insider Transactions at SATA Technology

In other news, CFO Benjamin Pham sold 4,209 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 $131,867.97. Following the completion of the sale, the chief financial officer directly owned 17,365 shares of the company’s stock, valued at $544,045.45. This trade represents a 19.51% decrease in their position. The sale 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, insider Brian Logan Beirne sold 20,077 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $629,012.41. Following the transaction, the insider owned 41,425 shares of the company’s stock, valued at $1,297,845.25. This represents 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 90 days, insiders have sold 42,620 shares of company stock worth $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.