CLMB icon

Climb Global Solutions

130.17 USD
+3.21
2.53%
At close Jan 17, 4:00 PM EST
1 day
2.53%
5 days
7.40%
1 month
-2.18%
3 months
20.43%
6 months
95.45%
Year to date
4.20%
1 year
155.19%
5 years
701.05%
10 years
672.06%
 

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 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

383% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 6

59% more capital invested

Capital invested by funds: $158M [Q2] → $251M (+$93.3M) [Q3]

27% more funds holding

Funds holding: 82 [Q2] → 104 (+22) [Q3]

0.19% more ownership

Funds ownership: 54.81% [Q2] → 54.99% (+0.19%) [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

Low target
$136
4%
upside
Avg. target
$136
4%
upside
High target
$136
4%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Barrington Research
Vincent Colicchio
58% 1-year accuracy
42 / 73 met price target
4%upside
$136
Outperform
Maintained
12 Dec 2024

Financial journalist opinion

Based on 9 articles about CLMB published over the past 30 days

Neutral
Zacks Investment Research
3 days 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?
QFIN vs. CLMB: Which Stock Is the Better Value Option?
Neutral
Business Wire
5 days 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.
Glancy Prongay & Murray LLP Announces Investigation of Climb Global Solutions, Inc. (CLMB)
Neutral
GlobeNewsWire
1 week 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.
Climb Global Solutions Appoints Matthew Sullivan as Chief Financial Officer
Positive
Zacks Investment Research
2 weeks 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.
Bet on 4 High-Flying Stocks With Increasing Cash Flows
Positive
Zacks Investment Research
2 weeks 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.
Grab These 4 Stocks With Solid Net Profit Margin to Boost Returns
Positive
Zacks Investment Research
2 weeks 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?
QFIN or CLMB: Which Is the Better Value Stock Right Now?
Positive
Zacks Investment Research
3 weeks 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.
Strong Cash Position Benefits Accenture Despite Rising Talent Costs
Positive
Zacks Investment Research
3 weeks ago
These 5 Small-Cap Stocks Might Make You the Most Money in 2025
Small-cap stocks like AEYE, BYRN, CLMB, TZOO and HIPO are poised to grow from their strong fundamentals and recovering global economy.
These 5 Small-Cap Stocks Might Make You the Most Money in 2025
Positive
Zacks Investment Research
4 weeks ago
These 4 Business Services Stocks Should Not Stop Rewarding Investors
These four Business Services stocks -- APP, CLMB, PSN, and QFIN -- have surged in the past year and are well-positioned to perform well in the long run.
These 4 Business Services Stocks Should Not Stop Rewarding Investors
Positive
Zacks Investment Research
1 month ago
Forget the Fed, Bet on These 4 Stocks With Increasing Cash Flows
Cash indicates a company's true financial health and is the key to its existence and success. SNEX, DXPE, CLMB and ESEA with impressive cash flows are worth buying.
Forget the Fed, Bet on These 4 Stocks With Increasing Cash Flows
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