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

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Wednesday, October 21st. 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 is Friday, November 27th.

SATA Technology Stock Down 0.2%

NASDAQ:SATA traded down $0.20 on Thursday, reaching $97.96. The stock had a trading volume of 469,901 shares, compared to its average volume of 331,146. SATA Technology has a 1-year low of $79.01 and a 1-year high of $101.35. The stock’s fifty day simple moving average is $99.58.

Insider Transactions at SATA Technology

In other news, Director James Lavish sold 6,000 shares of SATA Technology 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. The trade was a 40.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CMO Arshia Sarkhani sold 5,634 shares of SATA Technology 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 sale, the chief marketing officer directly owned 11,795 shares of the company’s stock, valued at $369,537.35. This represents a 32.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 42,620 shares of company stock worth $1,325,038 over the last ninety days.

SATA Technology Company Profile

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.