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

SATA Technology Co., Ltd. (NASDAQ:SATA) declared a dividend on Thursday, October 15th. 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 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 traded down $0.96 on Friday, reaching $96.89. The company’s stock had a trading volume of 588,706 shares, compared to its average volume of 328,228. The business has a 50-day moving average price of $99.71. 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 SATA Technology news, Director James Lavish sold 6,000 shares of the company’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 transaction of $184,500.00. Following the completion of the sale, the director directly owned 8,815 shares of the company’s stock, valued at $271,061.25. This represents a 40.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian Logan Beirne sold 20,077 shares of the 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 $629,012.41. Following the sale, the insider directly owned 41,425 shares of the company’s stock, valued at $1,297,845.25. The trade was a 32.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 42,620 shares of company stock worth $1,325,038 over the last three months.