Key Points
- Insider Brian Logan Beirne sold 20,077 SATA Technology shares at an average price of $31.33, generating $629,012.41. The sale reduced his direct holdings by 32.64% to 41,425 shares and was made to cover tax withholding on vested equity awards.
- SATA Technology announced a $0.0516-per-share dividend, payable October 30 to shareholders of record October 29, with October 29 as the ex-dividend date.
- The stock opened at $100.01 and has traded between $79.01 and $101.35 over the past 52 weeks, placing it near the top of its recent range.
SATA Technology Co., Ltd. (NASDAQ:SATA - Get Free Report) CFO Benjamin Pham sold 4,209 shares of the company's stock in a transaction on Monday, October 5th. The shares were sold at an average price of $31.33, for a total value of $131,867.97. Following the transaction, the chief financial officer directly owned 17,365 shares in the company, valued at approximately $544,045.45. The trade was a 19.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
SATA Technology Stock Performance
SATA Technology stock opened at $100.01 on Tuesday. SATA Technology Co., Ltd. has a one year low of $79.01 and a one year high of $101.35.
SATA Technology Announces Dividend
The business also recently announced a dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 29th will be issued a $0.0516 dividend. The ex-dividend date is Thursday, October 29th.
SATA Technology News Roundup
Here are the key news stories impacting SATA Technology this week:
- 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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