SCHMID Group (NASDAQ:SHMD) Director Buys $218,040.00 in Stock

SCHMID Group N.V. (NASDAQ:SHMD) Director Anette Schmid purchased 69,000 shares of the firm’s stock in a transaction on Sunday, August 30th. The shares were acquired at an average cost of $3.16 per share, for a total transaction of $218,040.00. Following the completion of the acquisition, the director owned 13,749,589 shares of the company’s stock, valued at approximately $43,448,701.24. This trade represents a 0.50% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

SCHMID Group Stock Up 5.1%

NASDAQ SHMD opened at $3.27 on Thursday. SCHMID Group N.V. has a twelve month low of $2.00 and a twelve month high of $10.65. The business has a 50-day moving average price of $4.61 and a 200-day moving average price of $5.77.

SCHMID Group (NASDAQ:SHMD) last released its earnings results on Friday, August 14th. The company reported ($0.46) earnings per share for the quarter. The firm had revenue of $26.25 million during the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded shares of SCHMID Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Institutional Trading of SCHMID Group

A number of hedge funds have recently added to or reduced their stakes in the business. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in SCHMID Group during the 3rd quarter valued at about $40,000. Jane Street Group LLC purchased a new position in SCHMID Group during the fourth quarter valued at approximately $106,000. Citadel Advisors LLC bought a new position in SCHMID Group in the second quarter worth approximately $111,000. HRT Financial LP purchased a new stake in SCHMID Group during the fourth quarter worth $130,000. Finally, XTX Topco Ltd bought a new stake in SCHMID Group during the 4th quarter valued at $137,000. 46.03% of the stock is owned by hedge funds and other institutional investors.

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.