Aebi Schmidt Holding AG (NASDAQ:AEBI – Get Free Report)’s share price rose 5.4% during mid-day trading on Friday . The company traded as high as $11.89 and last traded at $11.8840. Approximately 40,870 shares traded hands during trading, a decline of 85% from the average daily volume of 271,287 shares. The stock had previously closed at $11.28.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. Weiss Ratings upgraded shares of Aebi Schmidt from a “sell (e)” rating to a “sell (d)” rating in a report on Friday, May 15th. DA Davidson reiterated a “buy” rating and issued a $15.00 price target on shares of Aebi Schmidt in a report on Monday, May 18th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $15.00.
Check Out Our Latest Research Report on AEBI
Aebi Schmidt Stock Performance
Aebi Schmidt (NASDAQ:AEBI – Get Free Report) last issued its quarterly earnings results on Friday, May 15th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Aebi Schmidt had a return on equity of 1.19% and a net margin of 0.48%.The company had revenue of $455.55 million during the quarter. As a group, research analysts anticipate that Aebi Schmidt Holding AG will post 0.62 earnings per share for the current year.
Insider Buying and Selling at Aebi Schmidt
In related news, CEO Henning Schroeder acquired 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average cost of $11.30 per share, for a total transaction of $33,900.00. Following the purchase, the chief executive officer owned 61,000 shares in the company, valued at $689,300. This trade represents a 5.17% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Marco Portmann purchased 5,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were bought at an average price of $11.31 per share, for a total transaction of $56,550.00. Following the completion of the transaction, the chief financial officer owned 30,000 shares of the company’s stock, valued at approximately $339,300. This trade represents a 20.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders acquired 22,000 shares of company stock worth $252,965. 39.10% of the stock is owned by insiders.
Institutional Investors Weigh In On Aebi Schmidt
Several hedge funds have recently added to or reduced their stakes in the company. Intech Investment Management LLC lifted its position in shares of Aebi Schmidt by 14.7% in the 4th quarter. Intech Investment Management LLC now owns 12,375 shares of the company’s stock worth $157,000 after purchasing an additional 1,584 shares during the period. Deutsche Bank AG lifted its holdings in Aebi Schmidt by 6.5% in the fourth quarter. Deutsche Bank AG now owns 26,876 shares of the company’s stock worth $340,000 after buying an additional 1,652 shares during the period. Swiss National Bank boosted its position in Aebi Schmidt by 2.5% during the 1st quarter. Swiss National Bank now owns 76,500 shares of the company’s stock valued at $743,000 after acquiring an additional 1,900 shares in the last quarter. Nuveen LLC boosted its position in Aebi Schmidt by 2.0% during the 4th quarter. Nuveen LLC now owns 120,783 shares of the company’s stock valued at $1,528,000 after acquiring an additional 2,412 shares in the last quarter. Finally, Leonteq Securities AG purchased a new position in shares of Aebi Schmidt during the 4th quarter worth approximately $33,000.
Aebi Schmidt Company Profile
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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