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

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Thursday, October 15th. 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 is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Stock Down 1.0%

NASDAQ SATA traded down $0.96 during trading on Friday, hitting $96.89. 588,706 shares of the company’s stock traded hands, compared to its average volume of 328,228. SATA Technology has a 12-month low of $79.01 and a 12-month high of $101.35. The business’s 50 day simple moving average is $99.71.

Insider Transactions at SATA Technology

In other news, Director James Lavish sold 6,000 shares of SATA Technology stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.75, for a total value of $184,500.00. Following the completion of the transaction, the director owned 8,815 shares in the company, valued at $271,061.25. This trade represents 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 the SEC website. Also, CMO Arshia Sarkhani sold 5,634 shares of the business’s stock in a transaction that occurred 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 sale, the chief marketing officer directly owned 11,795 shares in the company, valued at approximately $369,537.35. This trade represents a 32.33% decrease in their position. 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. Over the last three months, insiders have sold 42,620 shares of company stock valued at $1,325,038.