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

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Tuesday, October 20th. Shareholders 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 Performance

Shares of SATA traded down $0.59 during trading hours on Wednesday, hitting $98.16. 503,636 shares of the company were exchanged, compared to its average volume of 330,442. The company’s 50 day simple moving average is $99.61. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35.

Insider Buying and Selling at SATA Technology

In related news, Director Pierre Rochard acquired 15,900 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were acquired at an average cost of $12.54 per share, with a total value of $199,386.00. Following the purchase, the director owned 15,900 shares of the company’s stock, valued at approximately $199,386. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Arshia Sarkhani sold 5,634 shares of the firm’s 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 completion of the transaction, the chief marketing officer directly owned 11,795 shares in the company, valued at $369,537.35. The trade was a 32.33% decrease in their ownership of the stock. 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 have sold a total of 42,620 shares of company stock worth $1,325,038 in the last 90 days.

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.