SCHMID Group N.V. (NASDAQ:SHMD – Get Free Report) Director Ralf Speth bought 35,000 shares of SCHMID Group stock in a transaction that occurred on Monday, August 31st. The shares were acquired at an average cost of $3.25 per share, for a total transaction of $113,750.00. Following the completion of the transaction, the director directly owned 236,311 shares in the company, valued at $768,010.75. This represents a 17.39% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Ralf Speth also recently made the following trade(s):
- On Wednesday, September 2nd, Ralf Speth acquired 33,000 shares of SCHMID Group stock. The stock was bought at an average cost of $3.05 per share, with a total value of $100,650.00.
SCHMID Group Stock Performance
Shares of SCHMID Group stock opened at $3.15 on Tuesday. SCHMID Group N.V. has a 12-month low of $2.00 and a 12-month high of $10.65. The firm’s 50 day simple moving average is $4.44 and its two-hundred day simple moving average is $5.67.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen downgraded shares of SCHMID Group from a “hold” rating to a “sell” rating in a report on Saturday, August 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.
Check Out Our Latest Stock Report on SHMD
Hedge Funds Weigh In On SCHMID Group
Institutional investors have recently modified their holdings of the stock. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new stake in shares of SCHMID Group in the third quarter worth about $40,000. Jane Street Group LLC acquired a new stake in shares of SCHMID Group during the 4th quarter worth approximately $106,000. Citadel Advisors LLC acquired a new position in shares of SCHMID Group in the 2nd quarter valued at $111,000. HRT Financial LP purchased a new stake in SCHMID Group during the fourth quarter worth $130,000. Finally, XTX Topco Ltd acquired a new stake in SCHMID Group during the fourth quarter valued at $137,000. Hedge funds and other institutional investors own 46.03% of the company’s stock.
About SCHMID Group
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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