SCHMID Group N.V. (NASDAQ:SHMD – Get Free Report) CFO Arthur Josef Hermann Schuetz bought 15,200 shares of SCHMID Group stock in a transaction on Monday, August 28th. The shares were purchased at an average cost of $3.23 per share, for a total transaction of $49,096.00. Following the completion of the purchase, the chief financial officer directly owned 29,512 shares of the company’s stock, valued at $95,323.76. This trade represents a 106.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.
SCHMID Group Stock Performance
Shares of NASDAQ SHMD opened at $3.11 on Wednesday. The company has a 50 day simple moving average of $4.66 and a 200-day simple moving average of $5.81. SCHMID Group N.V. has a 1 year low of $2.00 and a 1 year high of $10.65.
SCHMID Group (NASDAQ:SHMD – Get Free Report) last released its quarterly earnings results on Friday, August 14th. The company reported ($0.46) EPS for the quarter. The firm had revenue of $26.25 million for the quarter.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on SHMD
Institutional Investors Weigh In On SCHMID Group
A number of institutional investors have recently made changes to their positions in SHMD. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in shares of SCHMID Group in the 3rd quarter worth approximately $40,000. Jane Street Group LLC acquired a new stake in SCHMID Group in the 4th quarter valued at approximately $106,000. HRT Financial LP acquired a new stake in SCHMID Group in the 4th quarter valued at approximately $130,000. XTX Topco Ltd acquired a new stake in SCHMID Group in the 4th quarter valued at approximately $137,000. Finally, Geode Capital Management LLC purchased a new stake in SCHMID Group in the fourth quarter valued at approximately $156,000. 46.03% of the stock is currently owned by institutional investors and hedge funds.
About SCHMID Group
Schmid Group AG is a global engineering and manufacturing company specializing in flexible packaging and barrier coating technologies for a range of industries. The company’s core offerings include turnkey coating, metallization and extrusion lamination lines designed to enhance the functional performance of films and substrates used in food, pharmaceutical and medical packaging applications. Schmid Group’s expertise also encompasses process engineering, product development and on-site support services, enabling clients to optimize production efficiency and sustainability in high-volume manufacturing environments.
In addition to its barrier technologies, Schmid Group provides modular solutions for thin-film coating, printing, slitting and winding, as well as machinery for flat glass finishing such as washing, sanding and patterning.
See Also
- Five stocks we like better than SCHMID Group
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Receive News & Ratings for SCHMID Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SCHMID Group and related companies with MarketBeat.com's FREE daily email newsletter.
