Geode Capital Management LLC Buys 12,546 Shares of Creative Realities, Inc. (NASDAQ:CREX)

Geode Capital Management LLC increased its stake in shares of Creative Realities, Inc. (NASDAQ:CREX) by 21.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 70,871 shares of the company’s stock after buying an additional 12,546 shares during the period. Geode Capital Management LLC owned 0.68% of Creative Realities worth $325,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Essex Investment Management Co. LLC acquired a new stake in Creative Realities in the 3rd quarter worth about $118,000. Thompson Siegel & Walmsley LLC acquired a new stake in Creative Realities in the 2nd quarter worth about $206,000. Finally, Dimensional Fund Advisors LP raised its stake in Creative Realities by 370.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 49,020 shares of the company’s stock worth $230,000 after purchasing an additional 38,610 shares in the last quarter. Institutional investors own 41.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, LADENBURG THALM/SH SH initiated coverage on shares of Creative Realities in a research note on Monday, December 16th. They issued a “buy” rating and a $6.00 price objective for the company.

Creative Realities Stock Down 6.0 %

Shares of Creative Realities stock opened at $2.52 on Tuesday. Creative Realities, Inc. has a twelve month low of $2.30 and a twelve month high of $5.20. The company has a 50-day simple moving average of $3.12 and a two-hundred day simple moving average of $4.01. The stock has a market capitalization of $26.33 million, a price-to-earnings ratio of 16.80 and a beta of 3.24.

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.