Aebi Schmidt Holding AG (NASDAQ:AEBI – Get Free Report)’s share price gapped up prior to trading on Wednesday after an insider bought additional shares in the company. The stock had previously closed at $11.30, but opened at $12.14. Aebi Schmidt shares last traded at $12.14, with a volume of 39,827 shares trading hands.
Specifically, CFO Marco Portmann acquired 5,000 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was purchased at an average price of $11.31 per share, for a total transaction of $56,550.00. Following the purchase, the chief financial officer owned 30,000 shares in the company, valued at approximately $339,300. This represents a 20.00% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Henning Schroeder bought 3,000 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of $11.30 per share, for a total transaction of $33,900.00. Following the purchase, the chief executive officer directly owned 61,000 shares in the company, valued at approximately $689,300. The trade was a 5.17% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In other Aebi Schmidt news, Director Patrick Francois Schaub bought 6,500 shares of Aebi Schmidt stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of $11.41 per share, with a total value of $74,165.00. Following the completion of the acquisition, the director directly owned 49,963 shares in the company, valued at approximately $570,077.83. The trade was a 14.96% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Analysts Set New Price Targets
A number of brokerages recently commented on AEBI. DA Davidson reiterated a “buy” rating and set a $15.00 price target on shares of Aebi Schmidt in a report on Monday. Weiss Ratings raised Aebi Schmidt from a “sell (e)” rating to a “sell (d)” rating in a research report on Friday. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Aebi Schmidt has an average rating of “Hold” and an average target price of $15.00.
Aebi Schmidt Price Performance
The company has a quick ratio of 1.14, a current ratio of 1.99 and a debt-to-equity ratio of 0.69. The company’s 50 day simple moving average is $11.36. The stock has a market cap of $940.85 million and a PE ratio of 101.33.
Aebi Schmidt (NASDAQ:AEBI – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.01). Aebi Schmidt had a return on equity of 1.19% and a net margin of 0.48%.The firm had revenue of $455.55 million during the quarter. As a group, equities analysts forecast that Aebi Schmidt Holding AG will post 0.62 earnings per share for the current fiscal year.
Institutional Trading of Aebi Schmidt
Institutional investors have recently modified their holdings of the business. Leonteq Securities AG bought a new stake in Aebi Schmidt during the 4th quarter valued at $33,000. State of Alaska Department of Revenue bought a new position in shares of Aebi Schmidt in the fourth quarter worth $41,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of Aebi Schmidt in the fourth quarter valued at $109,000. Cetera Investment Advisers bought a new stake in shares of Aebi Schmidt during the 1st quarter valued at $117,000. Finally, Trexquant Investment LP bought a new stake in shares of Aebi Schmidt during the 4th quarter valued at $153,000.
About Aebi Schmidt
Aebi Schmidt is a Swiss-based company that designs, manufactures and services specialized equipment for municipal and commercial surface maintenance. The company’s offerings focus on machines and attachment systems used for snow-clearing, street sweeping, vegetation management, and related upkeep of roads, paths and public spaces. Aebi Schmidt supplies complete vehicle systems as well as modular implements that can be mounted on carriers for year‑round use.
Product lines typically include multi‑purpose maintenance vehicles, snowplows and salt spreaders, street sweepers, mowers and verge management tools, plus a range of hydraulic attachments and consumable parts.
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