16,104 Shares in Creative Realities, Inc. (NASDAQ:CREX) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in Creative Realities, Inc. (NASDAQ:CREX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 16,104 shares of the company’s stock, valued at approximately $39,000. Raymond James Financial Inc. owned 0.15% of Creative Realities as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CREX. Geode Capital Management LLC raised its stake in shares of Creative Realities by 21.5% during the 3rd quarter. Geode Capital Management LLC now owns 70,871 shares of the company’s stock worth $325,000 after buying an additional 12,546 shares in the last quarter. Legato Capital Management LLC acquired a new position in Creative Realities during the fourth quarter worth $26,000. Finally, Sargent Investment Group LLC raised its position in Creative Realities by 1.9% in the fourth quarter. Sargent Investment Group LLC now owns 290,000 shares of the company’s stock worth $731,000 after acquiring an additional 5,400 shares in the last quarter. Hedge funds and other institutional investors own 41.32% of the company’s stock.

Wall Street Analyst Weigh In

Separately, LADENBURG THALM/SH SH initiated coverage on shares of Creative Realities in a research report on Monday, December 16th. They set a “buy” rating and a $6.00 target price on the stock.

Creative Realities Trading Down 2.1 %

Shares of CREX opened at $1.42 on Monday. Creative Realities, Inc. has a twelve month low of $1.38 and a twelve month high of $5.20. The firm has a market capitalization of $14.83 million, a P/E ratio of 9.47 and a beta of 3.29. The firm’s 50-day moving average is $2.06 and its two-hundred day moving average is $2.93.

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

Creative Realities Company Profile

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.