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

by · The Markets Daily

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Friday, October 23rd. 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 Price Performance

Shares of 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. SATA Technology has a 12 month low of $79.01 and a 12 month high of $101.35. The stock has a fifty day moving average price of $99.55.

Insider Buying and Selling at SATA Technology

In related news, CMO Arshia Sarkhani sold 5,634 shares of the company’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $176,513.22. Following the completion of the sale, the chief marketing officer directly owned 11,795 shares in the company, valued at $369,537.35. This represents a 32.33% decrease in their position. The sale was disclosed in a filing 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 James Lavish sold 6,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director owned 8,815 shares in the company, valued at $271,061.25. This represents a 40.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 42,620 shares of company stock valued at $1,325,038.

SATA Technology Company Profile

(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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