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

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Saturday, October 17th. 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 of this dividend is Friday, November 27th.

SATA Technology Price Performance

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

Insider Transactions at SATA Technology

In other SATA Technology news, CFO Benjamin Pham sold 4,209 shares of the business’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $131,867.97. Following the completion of the transaction, the chief financial officer directly owned 17,365 shares in the company, valued at approximately $544,045.45. The trade was a 19.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 stock in a transaction on Monday, October 5th. The stock was sold at an average price of $30.32, for a total value of $203,144.00. Following the transaction, the director directly owned 8,115 shares in the company, valued at approximately $246,046.80. This represents a 45.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 42,620 shares of company stock worth $1,325,038 in the last three months.

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.