SATA Technology Co., Ltd. (NASDAQ:SATA) to Issue Dividend of $0.05

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Tuesday, September 15th. Investors of record on Friday, October 16th will be paid a dividend of $0.0516 per share on Monday, October 19th. The ex-dividend date of this dividend is Friday, October 16th.

SATA Technology Price Performance

SATA Technology stock opened at $98.79 on Wednesday. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35. The firm has a 50-day moving average of $99.87.

Insider Buying and Selling at SATA Technology

In related news, Director James Lavish sold 6,000 shares of the business’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 value of $184,500.00. Following the completion of the sale, the director owned 8,815 shares in the company, valued at approximately $271,061.25. The trade was a 40.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Arshia Sarkhani sold 5,634 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $31.33, for a total value of $176,513.22. Following the completion of the sale, the chief marketing officer owned 11,795 shares of the company’s stock, valued at $369,537.35. The trade was a 32.33% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 42,620 shares of company stock valued at $1,325,038.