SATA Technology Co., Ltd. (NASDAQ:SATA) Shareholders to Get $0.06 Dividend

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Friday, October 23rd. Shareholders of record on Friday, November 27th will be given a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date is Friday, November 27th.

SATA Technology Price Performance

NASDAQ SATA traded up $0.06 during trading hours on Friday, hitting $98.02. The company had a trading volume of 365,292 shares, compared to its average volume of 331,332. The firm has a 50 day moving average of $99.55. SATA Technology has a 1-year low of $79.01 and a 1-year high of $101.35.

Insiders Place Their Bets

In other news, CMO Arshia Sarkhani sold 5,634 shares of the business’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $176,513.22. Following the completion of the sale, the chief marketing officer directly owned 11,795 shares of the company’s stock, valued at approximately $369,537.35. The trade was a 32.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 company’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $31.33, for a total value of $629,012.41. Following the completion of the sale, the insider directly owned 41,425 shares of the company’s stock, valued at approximately $1,297,845.25. This trade represents a 32.64% decrease in their ownership of the stock. 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 three months, insiders sold 42,620 shares of company stock worth $1,325,038.

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.