SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Tuesday, October 13th. 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 is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.
SATA Technology Price Performance
SATA Technology stock traded down $1.12 during mid-day trading on Wednesday, hitting $97.67. 1,178,910 shares of the company’s stock traded hands, compared to its average volume of 324,844. SATA Technology has a one year low of $79.01 and a one year high of $101.35. The company has a 50 day moving average price of $99.82.
Insider Activity at SATA Technology
In related news, CMO Arshia Sarkhani sold 5,634 shares of SATA Technology stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $176,513.22. Following the sale, the chief marketing officer directly owned 11,795 shares in the company, valued at $369,537.35. The trade was a 32.33% decrease in their ownership of the stock. The sale was disclosed in a document filed 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, Director Pierre Rochard acquired 15,900 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were bought at an average price of $12.54 per share, for a total transaction of $199,386.00. Following the completion of the purchase, the director owned 15,900 shares of the company’s stock, valued at approximately $199,386. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders sold 42,620 shares of company stock valued at $1,325,038.
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