SATA Technology Co., Ltd. (SATA) To Go Ex-Dividend on November 27th

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Wednesday, October 14th. 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 is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Stock Performance

Shares of NASDAQ:SATA opened at $97.85 on Friday. The company has a 50-day simple moving average of $99.77. SATA Technology has a 52-week low of $79.01 and a 52-week high of $101.35.

Insider Activity

In other SATA Technology news, Director James Lavish sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $30.75, for a total value of $184,500.00. Following the sale, the director owned 8,815 shares of the company’s stock, valued at $271,061.25. This trade represents a 40.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CMO Arshia Sarkhani sold 5,634 shares of SATA Technology stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $176,513.22. Following the completion of the transaction, the chief marketing officer directly owned 11,795 shares in the company, valued at approximately $369,537.35. This represents a 32.33% decrease in their ownership of the stock. 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. Insiders have sold 42,620 shares of company stock worth $1,325,038 over the last 90 days.