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

SCHMID Group N.V. (NASDAQ:SHMD) Director Ralf Speth purchased 33,000 shares of the business’s stock in a transaction on Wednesday, September 2nd. The shares were acquired at an average cost of $3.05 per share, for a total transaction of $100,650.00. Following the completion of the transaction, the director directly owned 269,311 shares in the company, valued at approximately $821,398.55. This represents a 13.96% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, August 31st, Ralf Speth purchased 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 Price Performance

Shares of SHMD opened at $3.15 on Tuesday. The firm has a 50-day moving average of $4.44 and a 200-day moving average of $5.67. SCHMID Group N.V. has a one year low of $2.00 and a one year high of $10.65.

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

Analyst Upgrades and Downgrades

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

Institutional Trading of SCHMID Group

Several large investors have recently made changes to their positions in SHMD. Citadel Advisors LLC acquired a new stake in shares of SCHMID Group in the 2nd quarter valued at approximately $111,000. Corsair Capital Management L.P. bought a new stake in shares of SCHMID Group during the 1st quarter valued at approximately $148,000. XTX Topco Ltd acquired a new position in SCHMID Group during the 4th quarter worth approximately $137,000. Jane Street Group LLC acquired a new position in SCHMID Group during the 4th quarter worth approximately $106,000. Finally, HRT Financial LP bought a new position in SCHMID Group in the 4th quarter valued at approximately $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.