Creative Realities (NASDAQ:CREX – Get Free Report) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.
Other equities research analysts also recently issued reports about the company. Alliance Global Partners reaffirmed a “buy” rating on shares of Creative Realities in a report on Friday, July 24th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Creative Realities in a research note on Friday, July 17th. One research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Creative Realities currently has an average rating of “Reduce”.
View Our Latest Stock Analysis on CREX
Creative Realities Stock Down 3.5%
Creative Realities (NASDAQ:CREX – Get Free Report) last released its quarterly earnings data on Friday, May 15th. The company reported ($0.74) EPS for the quarter, missing analysts’ consensus estimates 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 return on equity of 59.08% and a negative net margin of 29.92%. On average, analysts anticipate that Creative Realities will post 0.38 EPS for the current year.
Insider Activity
In other Creative Realities news, CFO Tamra L. Koshewa purchased 28,571 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were acquired at an average cost of $3.50 per share, for a total transaction of $99,998.50. Following the transaction, the chief financial officer directly owned 28,571 shares in the company, valued at approximately $99,998.50. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CEO Richard C. Mills purchased 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were acquired at an average price of $3.50 per share, for a total transaction of $700,000.00. Following the completion of the transaction, the chief executive officer owned 952,601 shares in the company, valued at $3,334,103.50. The trade was a 26.57% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 26.77% of the company’s stock.
Hedge Funds Weigh In On Creative Realities
A number of institutional investors and hedge funds have recently bought and sold shares of CREX. Bridgeway Capital Management LLC acquired a new stake in shares of Creative Realities in the fourth quarter valued at $26,000. XTX Topco Ltd acquired a new position in Creative Realities during the 4th quarter worth about $66,000. Goldman Sachs Group Inc. lifted 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 worth $91,000 after buying an additional 6,122 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Creative Realities by 18.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 48,131 shares of the company’s stock worth $110,000 after acquiring an additional 7,560 shares during the last quarter. Finally, Citadel Advisors LLC bought a new stake in Creative Realities during the 3rd quarter worth about $141,000. Institutional investors and hedge funds own 41.32% of the company’s stock.
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.
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