Insider Buying: SCHMID Group (NASDAQ:SHMD) CFO Acquires 15,200 Shares

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

SCHMID Group Stock Performance

SHMD opened at $3.01 on Monday. The company’s 50-day moving average price is $4.80 and its 200 day moving average price is $5.90. SCHMID Group N.V. has a fifty-two week low of $2.00 and a fifty-two week high of $10.65.

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

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered 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

A number of hedge funds and other institutional investors have recently modified their holdings of SHMD. Sculptor Capital LP acquired a new position in SCHMID Group during the second quarter worth $587,000. Corsair Capital Management L.P. bought a new position in SCHMID Group during the first quarter valued at about $148,000. Geode Capital Management LLC acquired a new stake in shares of SCHMID Group in the fourth quarter worth about $156,000. XTX Topco Ltd bought a new stake in shares of SCHMID Group during the 4th quarter worth about $137,000. Finally, HRT Financial LP bought a new stake in shares of SCHMID Group during the 4th quarter worth about $130,000. Institutional investors own 46.03% of the company’s stock.

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.