SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Saturday, October 10th. Stockholders of record on Thursday, October 29th will be paid a dividend of $0.0516 per share on Friday, October 30th. The ex-dividend date of this dividend is Thursday, October 29th.
SATA Technology Price Performance
Shares of SATA traded up $0.28 during mid-day trading on Friday, hitting $99.10. The company’s stock had a trading volume of 432,835 shares, compared to its average volume of 318,318. SATA Technology has a 1-year low of $79.01 and a 1-year high of $101.35.
Insider Transactions at SATA Technology
In other SATA Technology news, Director James Lavish sold 6,000 shares of the firm’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $30.75, for a total value of $184,500.00. Following the completion of the sale, the director owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. This trade represents a 40.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Arshia Sarkhani sold 5,634 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $31.33, for a total value of $176,513.22. Following the completion of the sale, the chief marketing officer directly owned 11,795 shares of the company’s stock, valued at approximately $369,537.35. This trade 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. Insiders have sold a total of 42,620 shares of company stock valued at $1,325,038 in the last three months.
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