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

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

SATA Technology Price Performance

NASDAQ:SATA traded down $0.52 on Thursday, hitting $97.64. The company had a trading volume of 146,473 shares, compared to its average volume of 329,415. The company’s 50 day moving average price is $99.61. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35.

Insider Activity

In other news, Director James Lavish sold 6,000 shares of the company’s stock in a transaction 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 transaction, the director directly owned 8,815 shares in the company, valued at approximately $271,061.25. This represents a 40.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Benjamin Pham sold 4,209 shares of the company’s stock in a transaction on 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 $544,045.45. This trade represents a 19.51% decrease in their ownership of the stock. 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. In the last quarter, insiders have sold 42,620 shares of company stock valued at $1,325,038.

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.