SCHMID Group (NASDAQ:SHMD) Director Ralf Speth Purchases 33,000 Shares of Stock

SCHMID Group N.V. (NASDAQ:SHMDGet Free Report) Director Ralf Speth acquired 33,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was acquired at an average price of $3.05 per share, with a total value of $100,650.00. Following the acquisition, the director directly 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 legal filing with the SEC, which is available through this link.

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

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

SCHMID Group Stock Up 6.3%

SHMD stock opened at $3.35 on Wednesday. The business’s 50-day moving average is $4.39 and its two-hundred day moving average is $5.65. 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 issued its quarterly earnings results 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.

Institutional Investors Weigh In On SCHMID Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SHMD. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in shares of SCHMID Group in the 3rd quarter valued at $40,000. Jane Street Group LLC acquired a new position in SCHMID Group in the 4th quarter valued at about $106,000. Citadel Advisors LLC acquired a new stake in SCHMID Group during the 2nd quarter worth approximately $111,000. HRT Financial LP purchased a new position in shares of SCHMID Group in the 4th quarter valued at approximately $130,000. Finally, XTX Topco Ltd purchased a new stake in shares of SCHMID Group during the fourth quarter worth approximately $137,000. Hedge funds and other institutional investors own 46.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded SCHMID Group from a “hold” rating to a “sell” rating in a report on Saturday, August 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Get Our Latest Stock Report 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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