Ralf Speth Purchases 35,000 Shares of SCHMID Group (NASDAQ:SHMD) Stock

SCHMID Group N.V. (NASDAQ:SHMD) Director Ralf Speth acquired 35,000 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was acquired at an average cost of $3.25 per share, with a total value of $113,750.00. Following the acquisition, the director owned 236,311 shares of the company’s stock, valued at $768,010.75. This trade represents a 17.39% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Wednesday, September 2nd, Ralf Speth bought 33,000 shares of SCHMID Group stock. The shares were acquired at an average cost of $3.05 per share, for a total transaction of $100,650.00.

SCHMID Group Stock Performance

SCHMID Group stock opened at $3.43 on Thursday. The firm’s 50-day moving average is $4.33 and its 200-day moving average is $5.61. SCHMID Group N.V. has a 1 year low of $2.00 and a 1 year high of $10.65.

SCHMID Group (NASDAQ:SHMD) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.46) earnings per share for the quarter. The company had revenue of $26.25 million for the quarter.

Hedge Funds Weigh In On SCHMID Group

Several hedge funds and other institutional investors have recently modified their holdings of the company. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in shares of SCHMID Group during the third quarter worth about $40,000. Jane Street Group LLC bought a new stake in SCHMID Group in the 4th quarter valued at about $106,000. Citadel Advisors LLC acquired a new position in SCHMID Group during the 2nd quarter valued at about $111,000. HRT Financial LP acquired a new position in SCHMID Group during the 4th quarter valued at about $130,000. Finally, XTX Topco Ltd acquired a new position in SCHMID Group during the 4th quarter valued at about $137,000. Institutional investors and hedge funds own 46.03% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered 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, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

SCHMID Group Company Profile

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.