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 of this dividend is Friday, November 27th. This is a 10.7% increase from SATA Technology’s previous dividend of $0.0516.

SATA Technology Trading Up 0.2%

Shares of SATA opened at $97.85 on Friday. SATA Technology has a 52-week low of $79.01 and a 52-week high of $101.35. The firm has a 50 day simple moving average of $99.77.

Insider Activity

In other news, Director Jonathan R. Macey sold 6,700 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $30.32, for a total value of $203,144.00. Following the completion of the sale, the director directly owned 8,115 shares of the company’s stock, valued at $246,046.80. This represents a 45.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James Lavish sold 6,000 shares of the stock in a transaction on 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 sale, the director directly owned 8,815 shares of the company’s stock, valued at $271,061.25. The trade was a 40.50% decrease in their ownership of the stock. 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.