2 weeks Ago By ABMN Staff
CreativeOne Wealth LLC purchased a new stake in Climb Global Solutions, Inc. ( NASDAQ:CLMB – Free Report ) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,948 shares of the company’s stock, valued at approximately $247,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Climb Global Solutions by 2.
3% during the 4th quarter. Vanguard Group Inc. now owns 232,712 shares of the company’s stock worth $29,496,000 after purchasing an additional 5,195 shares during the last quarter.
Invesco Ltd. increased its position in Climb Global Solutions by 11.5% during the fourth quarter.
Invesco Ltd. now owns 95,199 shares of the company’s stock worth $12,066,000 after buying an additional 9,853 shares during the last quarter. Geode Capital Management LLC raised its holdings in Climb Global Solutions by 1.
0% during the third quarter. Geode Capital Management LLC now owns 92,143 shares of the company’s stock valued at $9,173,000 after buying an additional 881 shares in the last quarter. Choreo LLC boosted its stake in shares of Climb Global Solutions by 2.
7% during the 4th quarter. Choreo LLC now owns 76,828 shares of the company’s stock worth $9,725,000 after acquiring an additional 2,002 shares in the last quarter. Finally, State Street Corp increased its holdings in shares of Climb Global Solutions by 12.
5% during the 3rd quarter. State Street Corp now owns 62,692 shares of the company’s stock valued at $6,240,000 after acquiring an additional 6,979 shares during the last quarter. Institutional investors own 49.
72% of the company’s stock. Analyst Ratings Changes Separately, Barrington Research reaffirmed an “outperform” rating and set a $136.00 target price on shares of Climb Global Solutions in a research report on Thursday, March 6th.
Insider Activity at Climb Global Solutions In other Climb Global Solutions news, insider Charles Edward Bass sold 8,117 shares of the firm’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $124.71, for a total value of $1,012,271.
07. Following the sale, the insider now directly owns 25,792 shares in the company, valued at $3,216,520.32.
This trade represents a 23.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website .
Also, CEO Dale Richard Foster sold 7,500 shares of the company’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $123.92, for a total transaction of $929,400.
00. Following the transaction, the chief executive officer now directly owns 90,027 shares of the company’s stock, valued at $11,156,145.84.
This represents a 7.69 % decrease in their position. The disclosure for this sale can be found here .
Insiders sold a total of 22,764 shares of company stock worth $2,799,426 in the last 90 days. 9.60% of the stock is owned by company insiders.
Climb Global Solutions Price Performance Shares of CLMB opened at $106.47 on Monday. The company has a market capitalization of $490.
51 million, a PE ratio of 28.85, a price-to-earnings-growth ratio of 1.74 and a beta of 1.
13. Climb Global Solutions, Inc. has a one year low of $49.
70 and a one year high of $145.00. The company’s fifty day moving average price is $115.
02 and its 200 day moving average price is $120.12. Climb Global Solutions Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st.
Investors of record on Monday, March 17th were given a dividend of $0.17 per share. The ex-dividend date was Monday, March 17th.
This represents a $0.68 annualized dividend and a dividend yield of 0.64%.
Climb Global Solutions’s dividend payout ratio is presently 16.75%. Climb Global Solutions Company Profile ( Free Report ) Climb Global Solutions Inc operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, the United Kingdom, and internationally.
It operates in two segments, Distribution and Solutions. The company distributes technical software to corporate and value-added resellers, consultants, and systems integrators under the name Climb Channel Solutions; and provides cloud solutions and resells software, hardware, and services under the name Grey Matter. Further Reading Receive News & Ratings for Climb Global Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Climb Global Solutions and related companies with MarketBeat.
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