SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) announced a dividend on Wednesday, October 14th. Shareholders of record on Friday, November 27th will be paid 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 Price Performance
NASDAQ:SATA opened at $97.85 on Friday. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35. The company has a 50 day moving average of $99.77.
Insider Transactions at SATA Technology
In other news, Director Jonathan R. Macey sold 6,700 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $30.32, for a total transaction of $203,144.00. Following the transaction, the director directly owned 8,115 shares of the company’s stock, valued at approximately $246,046.80. This trade represents a 45.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Pierre Rochard bought 15,900 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were purchased 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 owned 15,900 shares in the company, valued at $199,386. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders sold 42,620 shares of company stock valued at $1,325,038.
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