SCHMID Group N.V. (NASDAQ:SHMD - Get Free Report) Director Ralf Speth bought 33,000 shares of the stock in a transaction on Wednesday, September 2nd. The shares were bought at an average price of $3.05 per share, for a total transaction of $100,650.00. Following the completion of the transaction, the director directly owned 269,311 shares of the company's stock, valued at $821,398.55. This trade represents a 13.96% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
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 bought at an average cost of $3.25 per share, with a total value of $113,750.00.
SCHMID Group Trading Up 6.3%
SHMD stock opened at $3.35 on Wednesday. The firm has a 50 day moving average of $4.39 and a 200-day moving average of $5.65. SCHMID Group N.V. has a 12-month low of $2.00 and a 12-month 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) earnings per share for the quarter. The company had revenue of $26.25 million during the quarter.
Hedge Funds Weigh In On SCHMID Group
Institutional investors have recently made changes to their positions in the stock. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in SCHMID Group in the 3rd quarter valued at about $40,000. Jane Street Group LLC purchased a new position in shares of SCHMID Group during the fourth quarter valued at approximately $106,000. Citadel Advisors LLC acquired a new stake in SCHMID Group during the second quarter worth approximately $111,000. HRT Financial LP acquired a new position in SCHMID Group in the 4th quarter valued at $130,000. Finally, XTX Topco Ltd purchased a new position in shares of SCHMID Group during the 4th quarter worth $137,000. 46.03% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, Wall Street Zen downgraded 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, SCHMID Group has an average rating of "Sell".
Check Out Our Latest Stock Analysis on SCHMID Group
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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