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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Friday, October 23rd. 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 is Friday, November 27th.

SATA Technology Stock Up 0.1%

SATA Technology stock traded up $0.06 during trading hours on Friday, hitting $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 simple moving average is $99.55. SATA Technology has a fifty-two week low of $79.01 and a fifty-two week high of $101.35.

Insiders Place Their Bets

In other SATA Technology news, Director Jonathan R. Macey sold 6,700 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.32, for a total transaction of $203,144.00. Following the completion of the transaction, the director owned 8,115 shares in the company, valued at $246,046.80. This trade represents a 45.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Benjamin Pham sold 4,209 shares of the firm’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $131,867.97. Following the transaction, the chief financial officer 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 have sold a total of 42,620 shares of company stock valued at $1,325,038 over the last 90 days.

About SATA Technology

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.