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

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

SATA Technology Price Performance

Shares of SATA Technology stock opened at $97.85 on Friday. The business has a 50-day simple moving average of $99.77. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35.

Insider Activity at SATA Technology

In other news, CMO Arshia Sarkhani sold 5,634 shares of the company’s stock in a transaction dated 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 owned 11,795 shares in the company, valued at $369,537.35. This represents a 32.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Pierre Rochard purchased 15,900 shares of SATA Technology stock in a transaction dated Friday, August 14th. The stock was bought at an average cost of $12.54 per share, with a total value of $199,386.00. Following the completion of the transaction, the director directly owned 15,900 shares of the company’s stock, valued at $199,386. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have sold 42,620 shares of company stock worth $1,325,038.