Barrington Research Reiterates Outperform Rating for Climb Global Solutions (NASDAQ:CLMB)

Barrington Research restated their outperform rating on shares of Climb Global Solutions (NASDAQ:CLMB - Free Report) in a report released on Tuesday,Benzinga reports. The brokerage currently has a $136.00 price target on the stock. Barrington Research also issued estimates for Climb Global Solutions' Q2 2025 earnings at $0.90 EPS, Q3 2025 earnings at $1.66 EPS, Q4 2025 earnings at $1.72 EPS, FY2025 earnings at $5.14 EPS and FY2026 earnings at $6.05 EPS.

Climb Global Solutions Price Performance

Shares of NASDAQ:CLMB traded down $1.73 during trading hours on Tuesday, hitting $108.55. The company's stock had a trading volume of 43,293 shares, compared to its average volume of 29,296. The firm's fifty day moving average price is $107.76 and its 200 day moving average price is $120.20. Climb Global Solutions has a 52 week low of $49.70 and a 52 week high of $145.00. The company has a market capitalization of $499.55 million, a price-to-earnings ratio of 29.42, a P/E/G ratio of 1.74 and a beta of 1.12.

Climb Global Solutions (NASDAQ:CLMB - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 EPS for the quarter, missing analysts' consensus estimates of $0.89 by ($0.03). The business had revenue of $138.04 million during the quarter, compared to the consensus estimate of $96.86 million. Climb Global Solutions had a return on equity of 23.63% and a net margin of 4.11%. On average, equities research analysts predict that Climb Global Solutions will post 4.14 earnings per share for the current fiscal year.

Climb Global Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Monday, May 12th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date was Monday, May 12th. Climb Global Solutions's payout ratio is currently 15.93%.

Insider Buying and Selling at Climb Global Solutions

In other news, Director Andrew S. Bryant sold 2,543 shares of Climb Global Solutions stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $125.50, for a total value of $319,146.50. Following the transaction, the director now owns 11,261 shares of the company's stock, valued at $1,413,255.50. The trade was a 18.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Charles Edward Bass sold 8,117 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $124.71, for a total transaction of $1,012,271.07. Following the transaction, the insider now owns 25,792 shares of the company's stock, valued at approximately $3,216,520.32. This trade represents a 23.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 28,531 shares of company stock worth $3,379,759 over the last quarter. Insiders own 6.10% of the company's stock.

Institutional Trading of Climb Global Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Climb Global Solutions by 4.2% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,391 shares of the company's stock valued at $303,000 after buying an additional 96 shares in the last quarter. Summit Investment Advisors Inc. increased its holdings in shares of Climb Global Solutions by 28.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 440 shares of the company's stock valued at $56,000 after acquiring an additional 97 shares in the last quarter. Northern Trust Corp raised its position in shares of Climb Global Solutions by 0.3% in the 4th quarter. Northern Trust Corp now owns 48,768 shares of the company's stock valued at $6,181,000 after purchasing an additional 137 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Climb Global Solutions by 2.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,837 shares of the company's stock worth $1,500,000 after purchasing an additional 251 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in Climb Global Solutions by 6.0% in the 1st quarter. Rhumbline Advisers now owns 4,960 shares of the company's stock worth $549,000 after purchasing an additional 282 shares in the last quarter. Hedge funds and other institutional investors own 49.72% of the company's stock.

Climb Global Solutions Company Profile

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.