SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Tuesday, October 13th. Stockholders 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. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.
SATA Technology Trading Down 1.1%
SATA traded down $1.12 during midday trading on Wednesday, reaching $97.67. 1,178,910 shares of the company’s stock were exchanged, compared to its average volume of 324,844. The company’s 50-day moving average price is $99.82. SATA Technology has a 1-year low of $79.01 and a 1-year high of $101.35.
Insider Buying and Selling
In other SATA Technology news, CFO Benjamin Pham sold 4,209 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $31.33, for a total value of $131,867.97. Following the completion of the sale, 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. 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, insider Brian Logan Beirne sold 20,077 shares of SATA Technology stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $629,012.41. Following the sale, the insider directly owned 41,425 shares in the company, valued at approximately $1,297,845.25. The trade was a 32.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 42,620 shares of company stock worth $1,325,038 over the last ninety days.
See Also
- Five stocks we like better than SATA Technology
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
Receive News & Ratings for SATA Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SATA Technology and related companies with MarketBeat.com's FREE daily email newsletter.
