SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Tuesday, October 20th. 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
Shares of NASDAQ:SATA traded up $0.11 during trading on Wednesday, hitting $98.86. 309,988 shares of the stock were exchanged, compared to its average volume of 329,356. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35. The company has a fifty day simple moving average of $99.64.
Insider Buying and Selling
In other news, 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 value of $131,867.97. Following the sale, the chief financial officer directly owned 17,365 shares in the company, valued at $544,045.45. This represents a 19.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CMO Arshia Sarkhani sold 5,634 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The shares were 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. 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. Over the last ninety days, insiders have sold 42,620 shares of company stock valued at $1,325,038.
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.
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