Insider Buying: Creative Realities (NASDAQ:CREX) CEO Acquires $700,000.00 in Stock

Creative Realities, Inc. (NASDAQ:CREX) CEO Richard Mills purchased 200,000 shares of Creative Realities stock in a transaction dated Tuesday, June 30th. The shares were purchased 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 of the company’s stock, valued at approximately $3,334,103.50. This trade represents a 26.57% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Creative Realities Price Performance

Creative Realities stock 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. Creative Realities, Inc. has a one year low of $2.19 and a one year high of $4.42. The company has a 50-day simple moving average of $3.82 and a 200-day simple moving average of $3.49. The firm has a market capitalization of $43.23 million, a P/E ratio of -2.19 and a beta of 1.46.

Creative Realities (NASDAQ:CREX) last issued its quarterly earnings data on Friday, May 15th. The company reported ($0.74) earnings per share for the quarter, missing the consensus estimate of ($0.46) by ($0.28). The firm had revenue of $16.35 million during 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%. As a group, equities analysts expect that Creative Realities, Inc. will post 0.38 earnings per share for the current year.

Hedge Funds Weigh In On Creative Realities

Large investors have recently bought and sold shares of the stock. Rothschild Wealth LLC acquired a new position in Creative Realities during the 4th quarter valued at about $587,000. North Star Investment Management Corp. bought a new position in shares of Creative Realities in the first quarter valued at approximately $550,000. Advisory Services Network LLC bought a new position in shares of Creative Realities in the fourth quarter valued at approximately $209,000. Citadel Advisors LLC acquired a new position in shares of Creative Realities during the third quarter valued at approximately $141,000. Finally, XTX Topco Ltd acquired a new position in shares of Creative Realities during the fourth quarter valued at approximately $66,000. Institutional investors and hedge funds own 41.32% of the company’s stock.

Analyst Upgrades and Downgrades

CREX has been the subject of several analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Creative Realities in a research report on Friday, March 27th. Zacks Research raised Creative Realities from a “strong sell” rating to a “hold” rating in a research note on Monday, June 29th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Creative Realities in a research note on Wednesday, April 15th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average 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.