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

by · The Markets Daily

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Saturday, October 17th. Investors 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.

SATA Technology Stock Performance

SATA traded down $0.96 on Friday, reaching $96.89. The company had a trading volume of 588,706 shares, compared to its average volume of 328,228. SATA Technology has a fifty-two week low of $79.01 and a fifty-two week high of $101.35. The firm’s fifty day simple moving average is $99.71.

Insider Activity at SATA Technology

In other news, CMO Arshia Sarkhani sold 5,634 shares of the business’s stock in a transaction that occurred 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 owned 11,795 shares in the company, valued at $369,537.35. The trade was a 32.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 the company’s 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 transaction, the director directly owned 8,115 shares in the company, valued at $246,046.80. The trade was a 45.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, 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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