SATA Technology Co., Ltd. (NASDAQ:SATA – Get Free Report) insider Brian Logan Beirne sold 20,077 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $31.33, for a total value of $629,012.41. Following the sale, the insider directly owned 41,425 shares of the company’s stock, valued at $1,297,845.25. The trade was a 32.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
SATA Technology Stock Performance
Shares of NASDAQ:SATA remained flat at $100.01 during trading on Monday. The stock had a trading volume of 658,785 shares, 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 Dividend Announcement
The firm also recently declared a dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 29th will be issued a $0.0516 dividend. The ex-dividend date of this dividend is Thursday, October 29th.
More SATA Technology News
- 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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