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

by · The Cerbat Gem

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Tuesday, October 20th. 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 is Friday, November 27th.

SATA Technology Stock Up 0.1%

SATA stock traded up $0.06 during midday trading on Wednesday, reaching $98.81. 135,914 shares of the company’s stock traded hands, compared to its average volume of 328,178. SATA Technology has a fifty-two week low of $79.01 and a fifty-two week high of $101.35. The stock’s 50-day simple moving average is $99.64.

Insider Buying and Selling

In other news, CMO Arshia Sarkhani sold 5,634 shares of the firm’s stock in a transaction 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 transaction, the chief marketing officer 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. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director James Lavish sold 6,000 shares of SATA Technology stock in a transaction on Monday, October 5th. The shares were 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 in the company, valued at $271,061.25. The trade was a 40.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 42,620 shares of company stock valued at $1,325,038.

About SATA Technology

(Get Free Report)

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.

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