SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) Director Pierre Rochard bought 15,900 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was purchased at an average cost of $12.54 per share, with a total value of $199,386.00. Following the completion of the transaction, the director directly owned 15,900 shares of the company’s stock, valued at approximately $199,386. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
SATA Technology Trading Up 0.3%
Shares of SATA opened at $99.94 on Thursday. SATA Technology Co., Ltd. has a 1 year low of $79.01 and a 1 year high of $101.35.
SATA Technology Dividend Announcement
The company also recently disclosed a dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th will be paid a $0.0516 dividend. The ex-dividend date is Tuesday, September 29th.
Key SATA Technology News
- Positive Sentiment: Director insider purchase: Director Pierre Rochard bought 15,900 shares for approximately $199,386, potentially signaling confidence in SATA Technology’s outlook. The transaction was disclosed in an SEC filing. SATA Technology director stock purchase
- Positive Sentiment: Dividend declared: SATA Technology announced a cash dividend of $0.0516 per share, payable September 30 to shareholders of record September 29. The payment provides a shareholder-return benefit, although its relatively small size is unlikely to materially change the company’s valuation.
- Neutral Sentiment: Dividend-date discrepancies: Numerous duplicate notices cite different record, ex-dividend, and payment dates—including dates in late August and September. Investors should confirm the correct schedule with SATA Technology or its transfer agent before relying on any specific date.
- Neutral Sentiment: Potential transaction-data issue: The reported insider purchase price of $12.54 per share differs substantially from SATA’s recent market price near $100. This may reflect a corporate action, security adjustment, or reporting error and should be verified in the original SEC filing.
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