Climb Global SolutionsCLMB
About: Climb Global Solutions Inc is a cloud-based, value-added IT distribution and solutions company specializing in emerging technologies. It operates across the USA, Canada, and Europe through multiple business units, including Climb Channel Solutions, Sigma, Grey Matter, Interwork, and TechXtend. The Company is organized into two reportable operating segments. The Distribution segment distributes technical software to corporate resellers, value-added resellers (VARs), consultants, and systems integrators under the name Climb Channel Solutions. The Solutions segment is a cloud solutions provider and value-added reseller of software, hardware, and services to customers under the name Grey Matter.
Employees: 365
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
314% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 7
59% more capital invested
Capital invested by funds: $158M [Q2] → $250M (+$92.6M) [Q3]
27% more funds holding
Funds holding: 82 [Q2] → 104 (+22) [Q3]
0.06% more ownership
Funds ownership: 54.77% [Q2] → 54.83% (+0.06%) [Q3]
3% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 30
40% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 3 (-2) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Barrington Research Vincent Colicchio 59% 1-year accuracy 44 / 74 met price target | 9%upside $136 | Outperform Maintained | 12 Dec 2024 |
Financial journalist opinion
Based on 10 articles about CLMB published over the past 30 days
