SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Wednesday, October 14th. Stockholders of record on Friday, November 27th will be paid 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 Stock Up 0.2%
NASDAQ SATA opened at $97.85 on Friday. The business’s fifty day moving average price is $99.77. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35.
Insider Activity
In other SATA Technology news, CMO Arshia Sarkhani sold 5,634 shares of the business’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $176,513.22. Following the completion of the transaction, the chief marketing officer owned 11,795 shares of the company’s stock, valued at $369,537.35. The trade was a 32.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Pierre Rochard purchased 15,900 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were purchased at an average price of $12.54 per share, with a total value of $199,386.00. Following the completion of the acquisition, the director directly owned 15,900 shares of the company’s stock, valued at approximately $199,386. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have sold 42,620 shares of company stock worth $1,325,038.
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