Climb Global SolutionsCLMB
CLMB
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
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
36% more capital invested
Capital invested by funds: $251M [Q3] → $343M (+$91.3M) [Q4]
24% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 33
14% more funds holding
Funds holding: 105 [Q3] → 120 (+15) [Q4]
3.63% more ownership
Funds ownership: 54.99% [Q3] → 58.63% (+3.63%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$136
9%
upside
Avg. target
$136
9%
upside
High target
$136
9%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Barrington Research Vincent Colicchio 68% 1-year accuracy 47 / 69 met price target | 9%upside $136 | Outperform Maintained | 12 Dec 2024 |
Financial journalist opinion
Based on 3 articles about CLMB published over the past 30 days
Neutral
GlobeNewsWire
1 day ago
Climb Global Solutions Sets Fourth Quarter and Full Year 2024 Conference Call for March 6, 2025 at 8:30 a.m. ET
EATONTOWN, N.J., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb” or the “Company”), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, will host a conference call on Thursday, March 6, 2025 at 8:30 a.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The Company's results will be reported in a press release prior to the call.
Neutral
GlobeNewsWire
3 weeks ago
Climb Global Solutions Appoints John McCarthy as Chairman of its Board of Directors
EATONTOWN, N.J., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb”, the “Company”, “we”, or “our”), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, today announced the appointment of John McCarthy as the new Chairman of the Board of Directors (the “Board”), effective January 28, 2025. Mr. McCarthy's appointment follows the resignation of Jeff Geygan from the Board, which will become effective February 28, 2025, and will reduce the Board to six members, five of whom are independent under Nasdaq listing standards.
Neutral
GlobeNewsWire
3 weeks ago
Climb Channel Solutions Promotes Kim Stevens to CMO and Charles Bass to CAO
EATONTOWN, N.J., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) is proud to announce the promotion of two visionary leaders who have been instrumental in shaping the company's growth and success. Kim Stevens has been elevated to Chief Marketing Officer (CMO), while Charles Bass assumes the newly created role of Chief Alliances Officer (CAO).
Neutral
Zacks Investment Research
1 month ago
QFIN vs. CLMB: Which Stock Is the Better Value Option?
Investors interested in stocks from the Technology Services sector have probably already heard of Qifu Technology, Inc. (QFIN) and Climb Global Solutions (CLMB). But which of these two stocks offers value investors a better bang for their buck right now?
Neutral
Business Wire
1 month ago
Glancy Prongay & Murray LLP Announces Investigation of Climb Global Solutions, Inc. (CLMB)
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Climb Global Solutions, Inc. (NASDAQ: CLMB) concerning the Company and its directors' and officers' possible violations of state laws. If you own Climb Global Solutions stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New Yo.
Neutral
GlobeNewsWire
1 month ago
Climb Global Solutions Appoints Matthew Sullivan as Chief Financial Officer
EATONTOWN, N.J., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb”, the “Company”, “we”, or “our”), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, today announced that Matthew Sullivan, the current Chief Accounting Officer of Climb, was appointed to the position of Chief Financial Officer (“CFO”), effective January 10, 2025, following the retirement of Andrew (“Drew”) Clark. Mr. Clark will remain with the Company as an advisor until April 15, 2025, to ensure a seamless transition.
Positive
Zacks Investment Research
1 month ago
Bet on 4 High-Flying Stocks With Increasing Cash Flows
Cash offers strength, vitality and flexibility to a company and hence, PLAB, DXPE, CLMB and GPRK with rising cash flows are worth buying.
Positive
Zacks Investment Research
1 month ago
Grab These 4 Stocks With Solid Net Profit Margin to Boost Returns
Here, we present four stocks, AVO, OPFI, SNEX and CLMB, with solid net profit margins that can contribute toward making a strong portfolio.
Positive
Zacks Investment Research
1 month ago
QFIN or CLMB: Which Is the Better Value Stock Right Now?
Investors with an interest in Technology Services stocks have likely encountered both Qifu Technology, Inc. (QFIN) and Climb Global Solutions (CLMB). But which of these two stocks is more attractive to value investors?
Positive
Zacks Investment Research
1 month ago
Strong Cash Position Benefits Accenture Despite Rising Talent Costs
The ACN stock is gaining from surging demand for cybersecurity-as-a-service and shareholder-friendly policies.
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