Insider Buying: SCHMID Group (NASDAQ:SHMD) CFO Purchases $49,096.00 in Stock

SCHMID Group N.V. (NASDAQ:SHMD) CFO Arthur Josef Hermann Schuetz bought 15,200 shares of SCHMID Group stock in a transaction dated Monday, August 28th. The shares were bought at an average cost of $3.23 per share, with a total value of $49,096.00. Following the completion of the transaction, the chief financial officer directly owned 29,512 shares in the company, valued at approximately $95,323.76. This trade represents a 106.20% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

SCHMID Group Stock Performance

Shares of SHMD opened at $3.27 on Thursday. SCHMID Group N.V. has a 1 year low of $2.00 and a 1 year high of $10.65. The stock’s fifty day moving average price is $4.61 and its two-hundred day moving average price is $5.77.

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 during the quarter.

Wall Street Analyst Weigh In

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 research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Institutional Trading of SCHMID Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in SCHMID Group in the 3rd quarter valued at $40,000. Jane Street Group LLC bought a new position in shares of SCHMID Group during the 4th quarter valued at about $106,000. Citadel Advisors LLC bought a new position in SCHMID Group during the second quarter valued at approximately $111,000. HRT Financial LP bought a new position in shares of SCHMID Group during the 4th quarter valued at $130,000. Finally, XTX Topco Ltd bought a new position in shares of SCHMID Group during the fourth quarter valued at about $137,000. Institutional investors 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.