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

SATA Technology Price Performance

Shares of SATA Technology stock opened at $97.85 on Friday. The firm’s 50-day moving average price is $99.77. SATA Technology has a 12 month low of $79.01 and a 12 month high of $101.35.

Insider Activity at SATA Technology

In other news, insider Brian Logan Beirne sold 20,077 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $31.33, for a total transaction of $629,012.41. Following the sale, the insider owned 41,425 shares of the company’s stock, valued at approximately $1,297,845.25. This represents a 32.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 firm’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $30.75, for a total transaction of $184,500.00. Following the completion of the transaction, the director directly owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. The trade was a 40.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 42,620 shares of company stock valued at $1,325,038.