SMITH MIDLAND CORP SMID
COM · Common Stock · CUSIP 832156103
- SectorMaterials
- IndustryConcrete Products, Except Block & Brick
- HeadquartersMidland, VA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 5.3m as of 2026-05-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $29.00.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 28 |
| Q4 2022 | 30 |
| Q1 2023 | 29 |
| Q2 2023 | 26 |
| Q3 2023 | 29 |
| Q4 2023 | 38 |
| Q1 2024 | 45 |
| Q2 2024 | 50 |
| Q3 2024 | 57 |
| Q4 2024 | 59 |
| Q1 2025 | 57 |
| Q2 2025 | 57 |
| Q3 2025 | 59 |
| Q4 2025 | 57 |
| Q1 2026 | 57 |
| Q2 2026 | 56 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 28 | 18 |
| Q4 2024 | 28 | 23 |
| Q1 2025 | 17 | 20 |
| Q2 2025 | 16 | 31 |
| Q3 2025 | 21 | 28 |
| Q4 2025 | 25 | 22 |
| Q1 2026 | 18 | 28 |
| Q2 2026 | 23 | 24 |
Biggest buyers
| BlackRock, Inc. | Added | +35.3k |
| Topline Capital Management, LLC | New | +20.0k |
| MORGAN STANLEY | Added | +9.9k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +6.8k |
| DIMENSIONAL FUND ADVISORS LP | Added | +5.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +3.0k |
| RICE HALL JAMES & ASSOCIATES, LLC | Added | +2.6k |
| VANGUARD FIDUCIARY TRUST CO | Added | +2.1k |
| GOLDMAN SACHS GROUP INC | Added | +1.8k |
| WELLS FARGO & COMPANY/MN | Added | +1.6k |
Biggest sellers
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -43.0k |
| Corient Private Wealth LP | Sold out | -34.8k |
| THOMPSON DAVIS & CO., INC. | Reduced | -17.7k |
| LAZARD ASSET MANAGEMENT LLC | Sold out | -9.0k |
| JANE STREET GROUP, LLC | Sold out | -6.5k |
| CITADEL ADVISORS LLC | Sold out | -6.4k |
| NORTHERN TRUST CORP | Reduced | -2.2k |
| RHUMBLINE ADVISERS | Reduced | -1.9k |
| OSAIC HOLDINGS, INC. | Reduced | -836 |
| UBS Group AG | Reduced | -526 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| THOMPSON DAVIS & CO., INC. 13D · may seek influence +1.5 pts · filed 2026-10-07 | 35.4% |
| SMITH RODNEY I 13G · passive investor new · filed 2025-11-14 | 10.1% |
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $234.4k | — |
| Q4 2025 | 0 | — | 1 | $22.2k | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 2 | $108.0k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-02 | Smith Matthew I Director | Bought | $54.3k2.0k shares |
| 2026-09-01 | SMITH ASHLEY B Chief Executive Officer, director | Bought | $53.7k2.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| THOMPSON DAVIS & CO., INC. 31.63% of their portfolio | 1.8m $52.9m | Reduced -17.7k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.20% of their portfolio | 225.0k $6.5m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 196.4k $5.7m | Added +35.3k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 137.3k $4.0m | Reduced -43.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 89.7k $2.6m | Added +6.8k |
| BARD ASSOCIATES INC 0.51% of their portfolio | 79.9k $2.3m | Reduced -458 |
| RBF Capital, LLC 0.09% of their portfolio | 74.2k $2.2m | Unchanged |
| RICE HALL JAMES & ASSOCIATES, LLC 0.08% of their portfolio | 54.0k $1.6m | Added +2.6k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 50.6k $1.5m | Added +5.8k |
| STATE STREET CORP 0.00% of their portfolio | 45.7k $1.3m | Reduced -520 |
| HERITAGE INVESTORS MANAGEMENT CORP 0.03% of their portfolio | 38.3k $1.1m | Unchanged |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 30.0k $871.3k | Added +2.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 25.8k $749.5k | Reduced -2.2k |
| MORGAN STANLEY 0.00% of their portfolio | 22.9k $663.6k | Added +9.9k |
| Topline Capital Management, LLC 0.15% of their portfolio | 20.0k $580.3k | New |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 19.4k $561.8k | Added +3.0k |
| INTRUST BANK NA 0.03% of their portfolio | 12.1k $350.8k | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 11.2k $325.4k | Added +475 |
| Waverly Advisors, LLC 0.00% of their portfolio | 10.0k $290.1k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 8.9k $258.2k | Added +1.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 8.7k $253.1k | Added +1.3k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 7.1k $205.5k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 6.6k $190.9k | Reduced -526 |
| CALDWELL SUTTER CAPITAL, INC. 0.04% of their portfolio | 3.3k $94.9k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 2.6k $75.8k | Added +1.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.2k $63.8k | Added +54 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 2.2k $62.7k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 2.0k $58.3k | Added +58 |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 2.0k $57.9k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 1.9k $56.3k | Reduced -1.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.8k $52.0k | Added +538 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.4k $39.9k | Reduced -104 |
| CITIGROUP INC 0.00% of their portfolio | 1.3k $38.1k | Added +1.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 1.3k $37.4k | Reduced -54 |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 1.0k $30.2k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 933 $27.1k | Added +423 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 557 $16.2k | Reduced -125 |
| BARCLAYS PLC 0.00% of their portfolio | 406 $11.8k | Reduced -67 |
| ADIRONDACK TRUST CO 0.00% of their portfolio | 330 $9.6k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 250 $7.2k | Unchanged |
| GAMMA Investing LLC 0.00% of their portfolio | 230 $6.7k | Reduced -52 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 228 $6.6k | Unchanged |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 200 $6.1k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 108 $3.1k | Reduced -836 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 66 $1.9k | New |
| FMR LLC 0.00% of their portfolio | 50 $1.5k | Reduced -135 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 39 $1.1k | Reduced -109 |
| Optiver Holding B.V. 0.00% of their portfolio | 30 $870 | Unchanged |
| Sterling Capital Management LLC 0.00% of their portfolio | 10 $290 | Reduced -8 |
| Arax Advisory Partners 0.00% of their portfolio | 10 $290 | New |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 1 $29 | New |
| Allworth Financial LP 0.00% of their portfolio | 1 $29 | Unchanged |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 1 $29 | New |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 1 $29 | New |
| Essential Partners LLC 0.00% of their portfolio | 1 $29 | Reduced -1 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 0 $0 | New |