SCHMID Group N.V. (NASDAQ:SHMD - Get Free Report) CFO Arthur Josef Hermann Schuetz acquired 15,200 shares of the business's stock in a transaction on Monday, August 28th. The stock was purchased at an average price of $3.23 per share, for a total transaction of $49,096.00. Following the acquisition, the chief financial officer directly owned 29,512 shares in the company, valued at $95,323.76. This represents a 106.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
SCHMID Group Stock Performance
Shares of SCHMID Group stock opened at $3.09 on Tuesday. The business has a 50-day moving average of $4.72 and a 200-day moving average of $5.85. 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 company had revenue of $26.25 million during the quarter.
Institutional Investors Weigh In On SCHMID Group
Hedge funds and other institutional investors have recently modified their holdings of the stock. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in shares of SCHMID Group in the 3rd quarter valued at about $40,000. Jane Street Group LLC acquired a new position in SCHMID Group in the fourth quarter worth about $106,000. HRT Financial LP acquired a new position in SCHMID Group in the fourth quarter worth about $130,000. XTX Topco Ltd bought a new stake in SCHMID Group in the fourth quarter valued at about $137,000. Finally, Corsair Capital Management L.P. bought a new stake in SCHMID Group in the first quarter valued at about $148,000. Institutional investors own 46.03% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen lowered 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 data from MarketBeat.com, the stock currently has an average rating of "Sell".
Get Our Latest Stock Analysis on SCHMID Group
About SCHMID Group
(
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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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