Rhumbline Advisers grew its holdings in Climb Global Solutions, Inc. (NASDAQ:CLMB – Free Report) by 10.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,678 shares of the company’s stock after buying an additional 439 shares during the quarter. Rhumbline Advisers’ holdings in Climb Global Solutions were worth $593,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently made changes to their positions in CLMB. Allspring Global Investments Holdings LLC increased its stake in Climb Global Solutions by 138,542.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 9,705 shares of the company’s stock valued at $1,230,000 after acquiring an additional 9,698 shares during the period. MeadowBrook Investment Advisors LLC acquired a new stake in Climb Global Solutions during the fourth quarter valued at approximately $120,000. Choreo LLC grew its stake in shares of Climb Global Solutions by 2.7% in the 4th quarter. Choreo LLC now owns 76,828 shares of the company’s stock valued at $9,725,000 after purchasing an additional 2,002 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of Climb Global Solutions in the 4th quarter worth approximately $250,000. Finally, Inspire Investing LLC bought a new position in shares of Climb Global Solutions during the 4th quarter worth approximately $837,000. 49.72% of the stock is owned by institutional investors.
Climb Global Solutions Stock Down 1.6 %
NASDAQ:CLMB opened at $131.86 on Friday. The firm has a market cap of $607.48 million, a PE ratio of 35.73, a price-to-earnings-growth ratio of 1.74 and a beta of 1.18. Climb Global Solutions, Inc. has a 12 month low of $49.69 and a 12 month high of $144.99. The company’s 50-day moving average price is $126.62 and its two-hundred day moving average price is $115.93.
Climb Global Solutions Announces Dividend
Wall Street Analysts Forecast Growth
Separately, Barrington Research reiterated an “outperform” rating and issued a $136.00 price target on shares of Climb Global Solutions in a research report on Thursday.
Check Out Our Latest Report on Climb Global Solutions
About Climb Global Solutions
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.
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