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

by · The Markets Daily

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Friday, October 16th. Stockholders 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. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Trading Down 1.0%

SATA Technology stock opened at $96.89 on Friday. The business’s 50 day simple moving average is $99.71. 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, CFO Benjamin Pham sold 4,209 shares of the stock in a transaction on Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $131,867.97. Following the completion of the sale, the chief financial officer directly owned 17,365 shares of the company’s stock, valued at $544,045.45. This trade represents a 19.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jonathan R. Macey sold 6,700 shares of SATA Technology stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $30.32, for a total value of $203,144.00. Following the completion of the sale, the director directly owned 8,115 shares in the company, valued at $246,046.80. This represents a 45.22% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 42,620 shares of company stock worth $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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