SATA Technology Co., Ltd. (NASDAQ:SATA) to Issue Dividend of $0.06

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Tuesday, October 13th. Investors of record on Friday, November 27th will be paid a dividend of $0.0571 per share on Monday, November 30th. The ex-dividend date of this dividend is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Stock Down 1.1%

Shares of NASDAQ SATA traded down $1.12 during trading on Wednesday, reaching $97.67. The company had a trading volume of 1,178,910 shares, compared to its average volume of 324,844. The business’s 50-day simple moving average is $99.82. SATA Technology has a twelve month low of $79.01 and a twelve month high of $101.35.

Insider Buying and Selling at SATA Technology

In other news, Director Pierre Rochard bought 15,900 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were purchased at an average price of $12.54 per share, for a total transaction of $199,386.00. Following the completion of the transaction, the director owned 15,900 shares in the company, valued at $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 available at this link. Also, Director James Lavish sold 6,000 shares of the firm’s stock in a transaction 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 in the company, valued at $271,061.25. This trade represents a 40.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 42,620 shares of company stock valued at $1,325,038.