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

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Thursday, October 29th. Investors of record on Tuesday, November 10th will be given a dividend of $0.0571 per share on Thursday, November 12th. The ex-dividend date of this dividend is Tuesday, November 10th.

SATA Technology Price Performance

Shares of NASDAQ SATA traded down $1.94 during trading on Friday, reaching $96.05. 328,223 shares of the stock traded hands, compared to its average volume of 330,474. The firm has a 50-day moving average of $99.42. SATA Technology has a 52-week low of $79.01 and a 52-week high of $101.35.

Insider Transactions at SATA Technology

In related news, Director Jonathan R. Macey sold 6,700 shares of SATA Technology stock in a transaction on Monday, October 5th. The stock was sold at an average price of $30.32, for a total transaction of $203,144.00. Following the completion of the sale, the director owned 8,115 shares of the company’s stock, valued at approximately $246,046.80. This trade represents a 45.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Arshia Sarkhani sold 5,634 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the chief marketing officer directly owned 11,795 shares of the company’s stock, valued at approximately $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. In the last 90 days, insiders sold 42,620 shares of company stock valued at $1,325,038.

SATA Technology Company Profile

(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.

See Also

Dividend History for SATA Technology (NASDAQ:SATA)

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