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

SCHMID Group N.V. (NASDAQ:SHMD) Director Ralf Speth bought 35,000 shares of SCHMID Group stock in a transaction that occurred on Monday, August 31st. The stock was purchased at an average price of $3.25 per share, for a total transaction of $113,750.00. Following the acquisition, the director directly owned 236,311 shares of the company’s stock, valued at $768,010.75. The trade was a 17.39% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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 purchased at an average price of $3.05 per share, with a total value of $100,650.00.

SCHMID Group Price Performance

SCHMID Group stock opened at $3.35 on Wednesday. SCHMID Group N.V. has a 52-week low of $2.00 and a 52-week high of $10.65. The firm has a fifty day moving average of $4.39 and a 200-day moving average of $5.65.

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

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded shares of SCHMID Group from a “hold” rating to a “sell” rating in a research report on Saturday, August 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, SCHMID Group currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On SCHMID Group

Several large investors have recently made changes to their positions in the company. Sculptor Capital LP acquired a new position in shares of SCHMID Group during the second quarter valued at $587,000. Corsair Capital Management L.P. bought a new stake in shares of SCHMID Group in the 1st quarter worth approximately $148,000. Geode Capital Management LLC bought a new position in shares of SCHMID Group in the fourth quarter valued at $156,000. XTX Topco Ltd acquired a new stake in shares of SCHMID Group during the fourth quarter worth $137,000. Finally, HRT Financial LP purchased a new stake in SCHMID Group during the fourth quarter valued at about $130,000. 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.