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

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

Creative Realities Trading Down 1.1%

Shares of CREX traded down $0.04 during mid-day trading on Thursday, reaching $4.04. The company’s stock had a trading volume of 70,728 shares, compared to its average volume of 54,108. The stock has a market cap of $42.66 million, a PE ratio of -2.15 and a beta of 1.45. The company has a current ratio of 0.73, a quick ratio of 0.55 and a debt-to-equity ratio of 3.70. Creative Realities, Inc. has a 52 week low of $2.19 and a 52 week high of $4.42. The company’s fifty day moving average price is $3.82 and its two-hundred day moving average price is $3.48.

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

Hedge Funds Weigh In On Creative Realities

Hedge funds have recently made changes to their positions in the business. Cerity Partners LLC boosted its holdings in Creative Realities by 5.1% in the second quarter. Cerity Partners LLC now owns 331,926 shares of the company’s stock valued at $1,119,000 after acquiring an additional 16,000 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Creative Realities by 18.6% in the third quarter. Dimensional Fund Advisors LP now owns 48,131 shares of the company’s stock worth $110,000 after buying an additional 7,560 shares in the last quarter. Citadel Advisors LLC purchased a new stake in Creative Realities in the third quarter worth about $141,000. Goldman Sachs Group Inc. boosted its position in Creative Realities by 21.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 34,714 shares of the company’s stock valued at $91,000 after acquiring an additional 6,122 shares in the last quarter. Finally, Rothschild Wealth LLC purchased a new position in shares of Creative Realities during the 4th quarter worth approximately $587,000. 41.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CREX has been the subject of a number of recent research reports. Weiss Ratings reissued a “sell (d)” rating on shares of Creative Realities in a research note on Friday, March 27th. Zacks Research raised Creative Realities from a “strong sell” rating to a “hold” rating in a research note on Monday. Finally, Alliance Global Partners reiterated a “buy” rating on shares of Creative Realities in a research report on Wednesday, April 15th. One research 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 data from MarketBeat.com, Creative Realities presently has a consensus rating of “Hold”.

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.