Anette Schmid Purchases 69,000 Shares of SCHMID Group (NASDAQ:SHMD) Stock

SCHMID Group N.V. (NASDAQ:SHMD) Director Anette Schmid purchased 69,000 shares of SCHMID Group stock in a transaction dated Sunday, August 30th. The stock was acquired at an average price of $3.16 per share, for a total transaction of $218,040.00. Following the completion of the acquisition, the director 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 position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

SCHMID Group Price Performance

Shares of SHMD stock opened at $3.11 on Wednesday. The stock has a 50 day moving average price of $4.66 and a 200 day moving average price of $5.81. SCHMID Group N.V. has a 52-week low of $2.00 and a 52-week high of $10.65.

SCHMID Group (NASDAQ:SHMD) last announced 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.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SHMD. Sculptor Capital LP bought a new stake in SCHMID Group during the 2nd quarter valued at $587,000. Corsair Capital Management L.P. bought a new position in shares of SCHMID Group during the 1st quarter worth $148,000. Geode Capital Management LLC purchased a new position in shares of SCHMID Group during the fourth quarter valued at $156,000. XTX Topco Ltd purchased a new position in shares of SCHMID Group during the fourth quarter valued at $137,000. Finally, HRT Financial LP bought a new stake in shares of SCHMID Group in the fourth quarter valued at about $130,000. 46.03% of the stock is currently owned by hedge funds and other 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.