Yakira Capital Management Inc. Sells 102,506 Shares of SCHMID Group N.V. $SHMD

Yakira Capital Management Inc. cut its holdings in shares of SCHMID Group N.V. (NASDAQ:SHMD) by 55.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 81,900 shares of the company’s stock after selling 102,506 shares during the period. Yakira Capital Management Inc. owned approximately 0.81% of SCHMID Group worth $507,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Sculptor Capital LP bought a new stake in shares of SCHMID Group during the second quarter worth about $587,000. Pekin Hardy Strauss Inc. bought a new stake in shares of SCHMID Group during the fourth quarter worth about $359,000. Geode Capital Management LLC bought a new stake in shares of SCHMID Group during the fourth quarter worth about $156,000. HRT Financial LP bought a new stake in shares of SCHMID Group during the fourth quarter worth about $130,000. Finally, Jane Street Group LLC bought a new position in shares of SCHMID Group in the fourth quarter valued at approximately $106,000. 46.03% of the stock is owned by institutional investors.

SCHMID Group Price Performance

Shares of SHMD stock opened at $5.38 on Monday. SCHMID Group N.V. has a 52-week low of $2.00 and a 52-week high of $10.65. The company has a 50-day simple moving average of $6.16 and a two-hundred day simple moving average of $6.60.

SCHMID Group (NASDAQ:SHMD) last issued its quarterly earnings data on Friday, May 15th. The company reported $999.00 earnings per share (EPS) for the quarter.

Wall Street Analyst Weigh In

SHMD has been the subject of several recent research reports. Wall Street Zen upgraded SCHMID Group from a “sell” rating to a “hold” rating in a report on Saturday, May 23rd. Weiss Ratings reiterated a “sell (e+)” rating on shares of SCHMID Group in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

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.