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

SCHMID Group N.V. (NASDAQ:SHMD) Director Ralf Speth acquired 33,000 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were bought at an average price of $3.05 per share, for a total transaction 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 trade represents a 13.96% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

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

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

SCHMID Group Stock Up 2.4%

Shares of SCHMID Group stock opened at $3.43 on Thursday. SCHMID Group N.V. has a one year low of $2.00 and a one year high of $10.65. The business has a 50-day simple moving average of $4.33 and a 200 day simple moving average of $5.61.

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

Analysts Set New Price Targets

Separately, Wall Street Zen cut 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 MarketBeat.com, the company currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On SCHMID Group

Institutional investors and hedge funds have recently made changes to their positions in the business. XTX Topco Ltd bought a new position in SCHMID Group in the 4th quarter valued at about $137,000. HRT Financial LP purchased a new stake in shares of SCHMID Group in the fourth quarter worth approximately $130,000. Geode Capital Management LLC purchased a new stake in shares of SCHMID Group in the fourth quarter worth approximately $156,000. Sculptor Capital LP bought a new position in shares of SCHMID Group in the second quarter valued at approximately $587,000. Finally, Engineers Gate Manager LP bought a new position in shares of SCHMID Group in the second quarter valued at approximately $182,000. Institutional investors and hedge funds own 46.03% of the company’s stock.

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.