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

by · The Markets Daily

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced 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 on Friday, reaching $98.02. The stock had a trading volume of 365,292 shares, compared to its average volume of 331,332. The company’s 50-day moving average is $99.55. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35.

Insider Activity at SATA Technology

In other news, CMO Arshia Sarkhani sold 5,634 shares of SATA Technology stock in a transaction dated Monday, October 5th. The shares were 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. The trade was a 32.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Benjamin Pham sold 4,209 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $131,867.97. Following the completion of the transaction, the chief financial officer directly owned 17,365 shares of the company’s stock, valued at approximately $544,045.45. This represents a 19.51% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 42,620 shares of company stock worth $1,325,038 over the last three months.

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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