Commonwealth Equity Services LLC Makes New $37,000 Investment in Creative Realities, Inc. (NASDAQ:CREX)

Commonwealth Equity Services LLC acquired a new stake in shares of Creative Realities, Inc. (NASDAQ:CREX) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,100 shares of the company’s stock, valued at approximately $37,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of CREX. Essex Investment Management Co. LLC lifted its position in shares of Creative Realities by 51.8% in the 4th quarter. Essex Investment Management Co. LLC now owns 38,920 shares of the company’s stock worth $95,000 after purchasing an additional 13,289 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Creative Realities in the 4th quarter worth approximately $39,000. Legato Capital Management LLC purchased a new stake in shares of Creative Realities in the 4th quarter worth approximately $26,000. Sargent Investment Group LLC increased its position in Creative Realities by 1.9% during the 4th quarter. Sargent Investment Group LLC now owns 290,000 shares of the company’s stock valued at $731,000 after buying an additional 5,400 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in Creative Realities by 21.5% during the third quarter. Geode Capital Management LLC now owns 70,871 shares of the company’s stock valued at $325,000 after buying an additional 12,546 shares during the last quarter. Institutional investors own 41.32% of the company’s stock.

Creative Realities Stock Performance

NASDAQ:CREX opened at $1.42 on Friday. The firm has a market cap of $14.83 million, a P/E ratio of 9.47 and a beta of 3.29. Creative Realities, Inc. has a fifty-two week low of $1.38 and a fifty-two week high of $5.20. The firm has a 50-day simple moving average of $2.06 and a two-hundred day simple moving average of $2.94.

Creative Realities (NASDAQ:CREX) last announced its quarterly earnings results on Friday, March 14th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.16). The firm had revenue of $11.01 million for the quarter, compared to the consensus estimate of $10.36 million. Creative Realities had a net margin of 1.38% and a return on equity of 2.62%. During the same period last year, the business earned $0.14 EPS. On average, equities research analysts predict that Creative Realities, Inc. will post -0.17 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, LADENBURG THALM/SH SH assumed coverage on Creative Realities in a research note on Monday, December 16th. They issued a “buy” rating and a $6.00 target price on the stock.

About Creative Realities

Creative Realities, Inc, together with its subsidiaries, provides digital marketing technology and solutions in the United States and internationally. It offers digital signage and media solutions to enhance communications in a wide-ranging variety of out-of-home environments. The company’s solutions include digital merchandising systems and omni-channel customer engagement systems; interactive digital shopping assistants; advisors and kiosks; and other interactive marketing technologies, such as mobile, social media, point-of-sale transactions, beaconing, and web-based media that enables its customers to engage with their consumers.