CLMB stock icon

Climb Global Solutions
CLMB

$57.19
1.73%
 

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 6,702 funds
0
Analysts bullish %
of 4 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

175% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 4

37% more capital invested

Capital invested by funds: $124M [Q4 2023] → $170M (+$46.1M) [Q1 2024]

25% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 5 (+1) [Q1 2024]

10% more funds holding

Funds holding: 68 [Q4 2023] → 75 (+7) [Q1 2024]

3.19% more ownership

Funds ownership: 49.5% [Q4 2023] → 52.69% (+3.19%) [Q1 2024]

31% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 32

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$68
19%
upside
Avg. target
$72
26%
upside
High target
$76
33%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
Barrington Research
Vincent Colicchio
19%upside
$68
Outperform
Maintained
28 May 2024
Barrington Research
Vincent Colicchio
19%upside
$68
Outperform
Maintained
6 May 2024
Barrington Research
Vincent Colicchio
33%upside
$76
Outperform
Maintained
30 Apr 2024
Barrington Research
Vincent Colicchio
33%upside
$76
Outperform
Maintained
7 Mar 2024

Financial journalist opinion