Key Points
- Director purchase: SATA Technology Director Pierre Rochard bought 15,900 shares at an average price of $12.54, totaling approximately $199,386. The transaction was disclosed in an SEC filing.
- Stock performance: SATA shares opened at $99.69, with a 12-month trading range of $79.01 to $101.35.
- Dividend announced: The company declared a cash dividend of $0.0516 per share, payable September 30 to shareholders of record as of September 29. Investors should verify the schedule because the article cites inconsistent dividend dates.
SATA Technology Co., Ltd. (NASDAQ:SATA - Get Free Report) Director Pierre Rochard bought 15,900 shares of the firm's stock in a transaction that occurred on Friday, August 14th. The shares were purchased at an average cost of $12.54 per share, for a total transaction of $199,386.00. Following the purchase, the director owned 15,900 shares in the company, valued at $199,386. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
SATA Technology Price Performance
Shares of SATA Technology stock opened at $99.69 on Wednesday. SATA Technology Co., Ltd. has a 12 month low of $79.01 and a 12 month high of $101.35.
SATA Technology Announces Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.0516 per share. The ex-dividend date of this dividend is Tuesday, September 29th.
Key Stories Impacting SATA Technology
Here are the key news stories impacting SATA Technology this week:
- Positive Sentiment: Dividend declared: SATA announced a cash dividend of $0.0516 per share. The repeated notices list record dates ranging from August 24 through September 29, with payments scheduled between August 25 and September 30. The dividend supports shareholder returns, although its small size is unlikely to materially affect valuation.
- Positive Sentiment: Director purchase: Director Pierre Rochard reportedly bought 15,900 shares for approximately $199,386, signaling potential confidence in the company’s prospects. The transaction was disclosed in a Securities and Exchange Commission filing. SEC insider transaction filing
- Neutral Sentiment: Duplicate and inconsistent notices: Most of the recent dividend entries appear to repeat the same announcement, while citing different record and payment dates. Investors should verify the applicable dividend schedule with SATA or its transfer agent before relying on any particular date.
See Also
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