SCHMID Group (NASDAQ:SHMD) CFO Arthur Josef Hermann Schuetz Buys 15,200 Shares

Key Points

• SCHMID Group CFO Arthur Josef Hermann Schuetz purchased 15,200 shares at an average price of $3.23, investing $49,096 and increasing his direct ownership by 106.2% to 29,512 shares.
• The company reported a quarterly loss of $0.46 per share on $26.25 million in revenue. Shares opened at $3.01, well below their 50-day and 200-day moving averages of $4.80 and $5.90, respectively.
• Analyst sentiment is negative: Wall Street Zen downgraded the stock from “hold” to “sell,” and MarketBeat reports an average rating of “Sell.” Institutional investors own approximately 46.03% of the company.

SCHMID Group N.V. (NASDAQ:SHMD - Get Free Report) CFO Arthur Josef Hermann Schuetz acquired 15,200 shares of the business's stock in a transaction on Monday, August 28th. The stock was purchased at an average price of $3.23 per share, for a total transaction of $49,096.00. Following the acquisition, the chief financial officer directly owned 29,512 shares in the company, valued at $95,323.76. This represents a 106.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

SCHMID Group Stock Performance

Shares of SCHMID Group stock opened at $3.01 on Monday. The business has a 50-day moving average of $4.80 and a 200-day moving average of $5.90. SCHMID Group N.V. has a 1-year low of $2.00 and a 1-year high of $10.65.

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

Wall Street Analyst Weigh In

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

Institutional Trading of SCHMID Group

Institutional investors and hedge funds have recently bought and sold shares of the company. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in shares of SCHMID Group in the 3rd quarter valued at approximately $40,000. Jane Street Group LLC bought a new position in SCHMID Group during the fourth quarter worth $106,000. HRT Financial LP bought a new position in SCHMID Group during the fourth quarter worth $130,000. XTX Topco Ltd bought a new position in SCHMID Group during the fourth quarter worth $137,000. Finally, Geode Capital Management LLC acquired a new position in SCHMID Group in the fourth quarter worth $156,000. Institutional investors and hedge funds 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.

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