SCHMID Group (NASDAQ:SHMD) Director Acquires $113,750.00 in Stock

SCHMID Group N.V. (NASDAQ:SHMD) Director Ralf Speth acquired 35,000 shares of SCHMID Group stock in a transaction that occurred on Monday, August 31st. The shares were bought at an average price of $3.25 per share, for a total transaction of $113,750.00. Following the transaction, the director owned 236,311 shares of the company’s stock, valued at $768,010.75. This represents a 17.39% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Ralf Speth also recently made the following trade(s):

• On Wednesday, September 2nd, Ralf Speth bought 33,000 shares of SCHMID Group stock. The stock was bought at an average price of $3.05 per share, with a total value of $100,650.00.

SCHMID Group Stock Performance

Shares of NASDAQ:SHMD opened at $3.23 on Friday. SCHMID Group N.V. has a 52-week low of $2.00 and a 52-week high of $10.65. The business has a fifty day moving average of $4.29 and a two-hundred day moving average of $5.58.

SCHMID Group (NASDAQ:SHMD) last announced its quarterly 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 for the quarter.

Institutional Investors Weigh In On SCHMID Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SHMD. Engineers Gate Manager LP purchased a new position in shares of SCHMID Group during the 2nd quarter worth $182,000. Integrated Wealth Concepts LLC acquired a new position in SCHMID Group in the second quarter valued at about $282,000. Citadel Advisors LLC purchased a new position in SCHMID Group during the second quarter worth about $111,000. Corsair Capital Management L.P. purchased a new position in SCHMID Group during the first quarter worth about $148,000. Finally, XTX Topco Ltd acquired a new stake in shares of SCHMID Group during the fourth quarter valued at about $137,000. Hedge funds and other institutional investors own 46.03% of the company’s stock.

Analyst Ratings Changes

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

SCHMID Group Company Profile

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.