SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Thursday, October 15th. 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 Trading Down 1.0%
Shares of NASDAQ SATA traded down $0.96 during trading on Friday, reaching $96.89. The stock had a trading volume of 588,706 shares, compared to its average volume of 328,228. SATA Technology has a one year low of $79.01 and a one year high of $101.35. The stock has a 50 day simple moving average of $99.71.
Insider Transactions at SATA Technology
In other SATA Technology news, Director James Lavish sold 6,000 shares of the business’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $30.75, for a total transaction of $184,500.00. Following the completion of the sale, the director owned 8,815 shares in the company, valued at $271,061.25. The trade was a 40.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jonathan R. Macey sold 6,700 shares of the business’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $30.32, for a total transaction of $203,144.00. Following the sale, 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 42,620 shares of company stock valued at $1,325,038 over the last quarter.
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