SCHMID Group (NASDAQ:SHMD) Director Acquires $100,650.00 in Stock

SCHMID Group N.V. (NASDAQ:SHMD) Director Ralf Speth acquired 33,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were acquired at an average cost of $3.05 per share, for a total transaction of $100,650.00. Following the transaction, the director owned 269,311 shares of the company’s stock, valued at approximately $821,398.55. This represents a 13.96% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, August 31st, Ralf Speth bought 35,000 shares of SCHMID Group stock. The stock was acquired at an average price of $3.25 per share, with a total value of $113,750.00.

SCHMID Group Price Performance

SHMD stock opened at $3.23 on Friday. The firm has a 50 day moving average of $4.29 and a two-hundred day moving average of $5.58. SCHMID Group N.V. has a 12 month low of $2.00 and a 12 month high of $10.65.

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

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On SCHMID Group

A number of institutional investors have recently modified their holdings of SHMD. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in shares of SCHMID Group in the third quarter worth $40,000. Jane Street Group LLC acquired a new position in SCHMID Group in the 4th quarter valued at $106,000. Citadel Advisors LLC acquired a new position in SCHMID Group in the 2nd quarter valued at $111,000. HRT Financial LP acquired a new position in SCHMID Group in the 4th quarter valued at $130,000. Finally, XTX Topco Ltd bought a new position in SCHMID Group in the 4th quarter worth $137,000. Institutional investors own 46.03% of the company’s stock.

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.