SATA Technology Co., Ltd. (NASDAQ:SATA) Plans Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Thursday, October 8th. Shareholders of record on Tuesday, October 20th will be paid a dividend of $0.0516 per share on Wednesday, October 21st. The ex-dividend date is Tuesday, October 20th.

SATA Technology Trading Down 0.6%

SATA stock traded down $0.60 during trading on Thursday, hitting $98.82. 823,782 shares of the company traded hands, compared to its average volume of 317,720. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35.

Insiders Place Their Bets

In other SATA Technology news, Director Pierre Rochard purchased 15,900 shares of the firm’s stock in a transaction dated 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 purchase, the director owned 15,900 shares in the company, valued at approximately $199,386. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CMO Arshia Sarkhani sold 5,634 shares of the company’s 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 transaction, the chief marketing officer owned 11,795 shares in the company, valued at $369,537.35. This represents a 32.33% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 42,620 shares of company stock valued at $1,325,038.