SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Thursday, October 15th. Shareholders 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 Up 0.2%
SATA Technology stock opened at $97.85 on Friday. The business has a 50 day moving average of $99.77. SATA Technology has a one year low of $79.01 and a one year high of $101.35.
Insider Activity
In other news, Director Jonathan R. Macey sold 6,700 shares of the business’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $30.32, for a total transaction of $203,144.00. Following the completion of the transaction, the director owned 8,115 shares of the company’s stock, valued at approximately $246,046.80. The trade was a 45.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Pierre Rochard bought 15,900 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was acquired at an average price of $12.54 per share, for a total transaction of $199,386.00. Following the transaction, the director owned 15,900 shares in the company, valued at $199,386. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders sold 42,620 shares of company stock worth $1,325,038.
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