SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Thursday, October 15th. 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 is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.
SATA Technology Trading Up 0.2%
NASDAQ:SATA opened at $97.85 on Friday. The company’s fifty day simple moving average is $99.77. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35.
Insider Buying and Selling at SATA Technology
In other SATA Technology news, insider Brian Logan Beirne sold 20,077 shares of the firm’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 $629,012.41. Following the sale, the insider directly owned 41,425 shares in the company, valued at approximately $1,297,845.25. This trade represents a 32.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director James Lavish sold 6,000 shares of the stock in a transaction dated 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 of the company’s stock, valued at $271,061.25. This represents a 40.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 42,620 shares of company stock worth $1,325,038.
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