SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) declared a dividend on Wednesday, October 14th. Investors of record on Friday, November 27th will be given 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 Performance
Shares of NASDAQ:SATA opened at $97.85 on Friday. The business has a 50 day moving average price of $99.77. SATA Technology has a 52-week low of $79.01 and a 52-week high of $101.35.
Insider Transactions at SATA Technology
In other news, insider Brian Logan Beirne sold 20,077 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $629,012.41. Following the completion of the sale, the insider owned 41,425 shares in the company, valued at $1,297,845.25. The trade was a 32.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CMO Arshia Sarkhani sold 5,634 shares of the company’s 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 transaction, the chief marketing officer directly owned 11,795 shares in the company, valued at $369,537.35. The trade was a 32.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 42,620 shares of company stock valued at $1,325,038.
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