SATA Technology Co., Ltd. (NASDAQ:SATA) Shares Will Pay Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Monday, October 5th. Stockholders of record on Thursday, October 29th will be given a dividend of $0.0516 per share on Friday, October 30th. The ex-dividend date is Thursday, October 29th.

SATA Technology Price Performance

Shares of NASDAQ SATA remained flat at $100.01 during mid-day trading on Tuesday. 550,840 shares of the stock were exchanged, compared to its average volume of 312,767. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35.

Insider Buying and Selling 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 completion of the transaction, the chief marketing officer directly owned 11,795 shares in the company, valued at approximately $369,537.35. This represents a 32.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director James Lavish sold 6,000 shares of the 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 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 42,620 shares of company stock valued at $1,325,038.