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

SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Friday, October 16th. 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. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Price Performance

NASDAQ:SATA traded down $0.96 during trading hours on Friday, reaching $96.89. 588,706 shares of the company’s stock were exchanged, compared to its average volume of 328,228. The firm’s 50-day moving average is $99.71. SATA Technology has a 1-year low of $79.01 and a 1-year high of $101.35.

Insider Buying and Selling

In other news, Director Jonathan R. Macey sold 6,700 shares of SATA Technology stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.32, for a total value of $203,144.00. Following the sale, the director owned 8,115 shares of the company’s stock, valued at $246,046.80. The trade was a 45.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Benjamin Pham sold 4,209 shares of the 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 directly owned 17,365 shares of the company’s stock, valued at $544,045.45. This 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 three months, insiders have sold 42,620 shares of company stock worth $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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