SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) Director James Lavish sold 6,000 shares of the firm’s stock in a transaction on Monday, October 5th. The stock was 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 of the company’s stock, valued at approximately $271,061.25. This 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 this link.
SATA Technology Stock Performance
SATA remained flat at $100.01 during trading hours on Monday. 658,785 shares of the company traded hands, compared to its average volume of 311,488. SATA Technology Co., Ltd. has a 1 year low of $79.01 and a 1 year high of $101.35.
SATA Technology Announces Dividend
The company also recently disclosed a dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 29th will be issued a dividend of $0.0516 per share. The ex-dividend date of this dividend is Thursday, October 29th.
Key Headlines Impacting SATA Technology
- Positive Sentiment: SATA announced a dividend of $0.0516 per share. Investors who own shares by October 15, 2026, are scheduled to receive payment on October 16, with the ex-dividend date also set for October 15. SATA Technology Shareholders to Receive $0.05 Dividend
- Positive Sentiment: A second reported distribution of $0.0516 per share has an October 29 record and ex-dividend date, with payment scheduled for October 30. If these represent separate distributions rather than duplicate announcements, the two payments would provide a combined $0.1032 per share. SATA Technology Shares Will Pay Dividend of $0.05
- Neutral Sentiment: Most of the recent entries repeat the same dividend details, suggesting the news reflects distribution scheduling rather than a new increase in the payout or a change in the company’s underlying business outlook.
- Neutral Sentiment: SATA’s shares have recently traded near the upper end of their 12-month range, so the dividend announcements may offer some support but are unlikely by themselves to determine the next major price move. Shares generally adjust lower by approximately the dividend amount on an ex-dividend date.
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