SCHMID Group (NASDAQ:SHMD) Director Acquires $218,040.00 in Stock

SCHMID Group N.V. (NASDAQ:SHMD) Director Anette Schmid purchased 69,000 shares of the business’s stock in a transaction dated Sunday, August 30th. The stock was bought at an average cost of $3.16 per share, with a total value of $218,040.00. Following the completion of the acquisition, the director directly owned 13,749,589 shares of the company’s stock, valued at approximately $43,448,701.24. This trade represents a 0.50% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link.

SCHMID Group Stock Performance

Shares of NASDAQ SHMD opened at $3.01 on Monday. The stock’s 50-day simple moving average is $4.80 and its two-hundred day simple moving average is $5.90. SCHMID Group N.V. has a twelve month low of $2.00 and a twelve month high of $10.65.

SCHMID Group (NASDAQ:SHMD) last released its earnings results 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.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of SCHMID Group from a “hold” rating to a “sell” rating in a research note on Saturday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Institutional Trading of SCHMID Group

Institutional investors and hedge funds have recently modified their holdings of the company. Sculptor Capital LP purchased a new position in shares of SCHMID Group in the second quarter valued at about $587,000. Corsair Capital Management L.P. bought a new position in shares of SCHMID Group during the 1st quarter valued at about $148,000. Geode Capital Management LLC purchased a new stake in shares of SCHMID Group in the fourth quarter worth about $156,000. XTX Topco Ltd bought a new position in shares of SCHMID Group during the 4th quarter valued at approximately $137,000. Finally, HRT Financial LP bought a new position in SCHMID Group during the fourth quarter valued at $130,000. 46.03% of the stock is currently owned by institutional investors.

About SCHMID Group

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.