SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Thursday, October 15th. Investors 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 Trading Down 0.7%
NASDAQ SATA traded down $0.66 on Friday, reaching $97.19. The stock had a trading volume of 328,975 shares, compared to its average volume of 326,787. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35. The company’s 50-day moving average is $99.77.
Insider Transactions at SATA Technology
In other SATA Technology news, Director Jonathan R. Macey sold 6,700 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $30.32, for a total transaction of $203,144.00. Following the transaction, the director directly owned 8,115 shares of the company’s stock, valued at approximately $246,046.80. This trade represents a 45.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James Lavish sold 6,000 shares of SATA Technology stock in a transaction on Monday, October 5th. The shares were sold at an average price of $30.75, for a total transaction of $184,500.00. Following the completion of the transaction, the director owned 8,815 shares in the company, valued at approximately $271,061.25. This represents a 40.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 42,620 shares of company stock worth $1,325,038 over the last 90 days.
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