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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Friday, October 23rd. 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 of this dividend is Friday, November 27th.

SATA Technology Trading Up 0.1%

NASDAQ:SATA traded up $0.06 during mid-day trading on Friday, hitting $98.02. 365,292 shares of the stock traded hands, compared to its average volume of 331,332. The firm’s 50-day moving average is $99.55. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35.

Insiders Place Their Bets

In related news, Director Pierre Rochard acquired 15,900 shares of the stock in a transaction on Friday, August 14th. The stock was purchased at an average price of $12.54 per share, for a total transaction of $199,386.00. Following the completion of the transaction, the director owned 15,900 shares of the company’s stock, valued at $199,386. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CMO Arshia Sarkhani sold 5,634 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $31.33, for a total value of $176,513.22. Following the sale, the chief marketing officer directly owned 11,795 shares of the company’s stock, valued at approximately $369,537.35. This trade represents a 32.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders 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.