Arthur Josef Hermann Schuetz Purchases 15,200 Shares of SCHMID Group (NASDAQ:SHMD) Stock

SCHMID Group N.V. (NASDAQ:SHMDGet 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:SHMDGet 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

Separately, Wall Street Zen downgraded SCHMID Group from a “hold” rating to a “sell” rating in a research report on Saturday. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

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

(Get Free Report)

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.

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