SATA Technology Co., Ltd. (SATA) To Go Ex-Dividend on November 27th

SATA Technology Co., Ltd. (NASDAQ:SATA) 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 Trading Up 0.2%

Shares of SATA stock opened at $97.85 on Friday. The firm’s fifty day simple moving average is $99.77. SATA Technology has a 1 year low of $79.01 and a 1 year high of $101.35.

Insider Transactions at SATA Technology

In other news, insider Brian Logan Beirne sold 20,077 shares of SATA Technology stock in a transaction 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 completion of the transaction, the insider directly owned 41,425 shares in the company, valued at approximately $1,297,845.25. The trade was 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 SATA Technology stock in a transaction on Monday, October 5th. The shares were sold at an average price of $30.75, for a total value of $184,500.00. Following the completion of the transaction, the director owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. This trade represents a 40.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 42,620 shares of company stock valued at $1,325,038.