Richard Mills Buys 200,000 Shares of Creative Realities (NASDAQ:CREX) Stock

Creative Realities, Inc. (NASDAQ:CREX) CEO Richard Mills purchased 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The stock was bought at an average cost of $3.50 per share, with a total value of $700,000.00. Following the acquisition, the chief executive officer owned 952,601 shares in the company, valued at $3,334,103.50. This represents a 26.57% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Creative Realities Stock Performance

NASDAQ:CREX opened at $4.09 on Friday. The company has a debt-to-equity ratio of 3.70, a quick ratio of 0.55 and a current ratio of 0.73. The stock has a market capitalization of $43.23 million, a PE ratio of -2.19 and a beta of 1.46. Creative Realities, Inc. has a fifty-two week low of $2.19 and a fifty-two week high of $4.42. The company has a fifty day moving average of $3.82 and a two-hundred day moving average of $3.49.

Creative Realities (NASDAQ:CREX) last announced its earnings results on Friday, May 15th. The company reported ($0.74) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.46) by ($0.28). The company had revenue of $16.35 million during the quarter, compared to analyst estimates of $16.52 million. Creative Realities had a negative net margin of 29.92% and a negative return on equity of 59.08%. As a group, research analysts forecast that Creative Realities, Inc. will post 0.38 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on CREX. Weiss Ratings reiterated a “sell (d)” rating on shares of Creative Realities in a research note on Friday, March 27th. Alliance Global Partners reaffirmed a “buy” rating on shares of Creative Realities in a research note on Wednesday, April 15th. Finally, Zacks Research raised Creative Realities from a “strong sell” rating to a “hold” rating in a research note on Monday, June 29th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold”.

Hedge Funds Weigh In On Creative Realities

Several hedge funds and other institutional investors have recently modified their holdings of the business. Bridgeway Capital Management LLC acquired a new position in Creative Realities during the fourth quarter worth about $26,000. XTX Topco Ltd acquired a new stake in Creative Realities in the 4th quarter valued at about $66,000. Goldman Sachs Group Inc. lifted its stake in Creative Realities by 21.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 34,714 shares of the company’s stock worth $91,000 after purchasing an additional 6,122 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Creative Realities by 18.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 48,131 shares of the company’s stock worth $110,000 after purchasing an additional 7,560 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new position in Creative Realities in the 3rd quarter worth approximately $141,000. 41.32% of the stock is owned by hedge funds and other institutional investors.

About Creative Realities

Creative Realities, Inc (NASDAQ: CREX) is a technology company specializing in digital engagement solutions for retail, restaurant, corporate and public-facing environments. Headquartered in Dallas, Texas, the company develops and delivers integrated hardware and software platforms designed to create dynamic, interactive experiences. Its offerings include digital signage networks, interactive kiosks and video training systems, all powered by an enterprise-grade content management system that enables clients to deploy, schedule and monitor multimedia content across multiple locations.

The company’s flagship software platform provides real-time analytics, remote asset management and customizable user interfaces that support both touchscreen and traditional display formats.