No insider purchase over the last 90 days. The latest, by Zapata Michael R., was filed 20 Dec 2019.
Every trade that managers of Schmitt Industries Inc disclose to SEC (Form 4) is tracked on this page. The company sits in the Industry sector. Nothing new has been filed by managers of Schmitt Industries Inc in twelve months, the latest record being from 13 April 2023.
Looking back to 2006, when coverage begins, insiders filed 74 purchases and 22 sales.
Other companies in the same sector with recent insider buying flagged by our signals: Bolloré SE and Auroora Yhtiöt Oyj. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended May 2022 · cache
25 of 204 declarations
Schmitt Industries, Inc. (ticker: SMIT) is a U.S.-listed industrial company traded on the NASDAQ in the United States. For French-speaking investors, it is best viewed as a niche technology-and-industrials name rather than a broad-based cyclicals group. Founded in 1987 and headquartered in Portland, Oregon, Schmitt Industries built its identity around precision measurement and remote monitoring solutions, with a long-standing focus on non-contact sensor technologies. Its business profile is centered on engineering-driven products where accuracy, speed, and reliability matter more than scale.([schmittindustries.com](https://schmittindustries.com/about-schmitt/?utm_source=openai))
The company currently operates through two main segments. Its Measurement segment sells the Acuity® and Xact® product lines through Schmitt Measurement Systems. Acuity laser sensors are used for dimensional and positional measurement in industrial, commercial, and research settings, including factory automation, surface profile scanning, crane positioning, road profiling, tire production, semiconductor manufacturing, and other precision applications. Xact is a remote tank-monitoring system that uses ultrasonic sensing to determine fill levels in tanks holding propane, diesel, and other liquids, then transmits that data to a secure web interface. The company’s customer base is typically made up of OEMs, system integrators, automation engineers, and industrial end users.([schmittindustries.com](https://schmittindustries.com/?utm_source=openai))
Schmitt’s second segment is Creamery, built around Ample Hills Creamery and related consumer retail/manufacturing activities. This makes the company somewhat unusual: it combines precision industrial instrumentation with a consumer-facing ice cream business. In practice, however, the investment thesis is still dominated by the industrial measurement franchise, which is the more distinctive and strategically important part of the portfolio.([schmittindustries.com](https://schmittindustries.com/about-schmitt/?utm_source=openai))
From a competitive standpoint, Schmitt occupies a specialized niche. Its strengths are product precision, application know-how, and domestic U.S. manufacturing capability in a market that it describes as the largest addressable market for these devices. That positioning can be attractive in industrial automation and monitoring, but it also means the company is exposed to customer capex cycles, technology substitution risks, and competitive pressure from larger sensing and automation players.([schmittindustries.com](https://schmittindustries.com/acuity-laser-sensors/?utm_source=openai))
Recent public information available on the company website emphasizes continuity rather than transformational change: Schmitt continues to market the Acuity and Xact platforms and maintains ISO 9001 certification covering the design, manufacture, sale, and distribution of laser-based measurement tools and tank-monitoring systems. For investors following SEC Form 4 insider transactions, the key takeaway is that SMIT remains a small NASDAQ-listed U.S. industrial company with a focused niche product set, a Portland headquarters, and exposure to both industrial precision sensing and a secondary consumer business.([schmittindustries.com](https://schmittindustries.com/?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| May 2022 | 9.9 m USD | -3.3 m USD | -0.86 USD | 10-K |
| May 2021 | 5.6 m USD | -8.1 m USD | -2.15 USD | 10-K |
| May 2020 | 4.2 m USD | 3.9 m USD | 0.98 USD | 10-K |
| May 2019 | 4.7 m USD | -1.2 m USD | -0.30 USD | 10-K |
| May 2018 | 13.9 m USD | 210,639 USD | 0.06 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.