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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Saturday, October 17th. Investors of record on Friday, November 27th will be given 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 Down 1.0%

SATA Technology stock traded down $0.96 during midday trading on Friday, hitting $96.89. The stock had a trading volume of 588,706 shares, compared to its average volume of 328,228. SATA Technology has a 12 month low of $79.01 and a 12 month high of $101.35. The business’s fifty day moving average is $99.71.

Insider Activity

In other SATA Technology news, Director James Lavish sold 6,000 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $30.75, for a total transaction of $184,500.00. Following the transaction, the director owned 8,815 shares of the company’s stock, valued at $271,061.25. This trade represents a 40.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CMO Arshia Sarkhani sold 5,634 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $176,513.22. Following the transaction, the chief marketing officer directly owned 11,795 shares in the company, valued at approximately $369,537.35. This represents 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 have sold a total of 42,620 shares of company stock valued at $1,325,038 over the last three months.

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.