1,970 Shares in Climb Global Solutions, Inc. (NASDAQ:CLMB) Acquired by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC purchased a new stake in Climb Global Solutions, Inc. (NASDAQ:CLMB - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,970 shares of the company's stock, valued at approximately $250,000.

Other large investors have also bought and sold shares of the company. New York State Teachers Retirement System acquired a new position in Climb Global Solutions during the 3rd quarter worth $38,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Climb Global Solutions during the 3rd quarter valued at $126,000. Quantbot Technologies LP acquired a new position in shares of Climb Global Solutions in the 3rd quarter valued at $147,000. SG Americas Securities LLC bought a new position in shares of Climb Global Solutions in the 3rd quarter worth $159,000. Finally, Kovitz Investment Group Partners LLC acquired a new stake in shares of Climb Global Solutions during the third quarter worth $222,000. 49.72% of the stock is currently owned by institutional investors.

Climb Global Solutions Price Performance

Shares of NASDAQ CLMB traded down $1.37 during midday trading on Thursday, reaching $129.86. 3,431 shares of the stock were exchanged, compared to its average volume of 25,963. Climb Global Solutions, Inc. has a 12 month low of $49.69 and a 12 month high of $142.50. The company has a market capitalization of $598.63 million, a price-to-earnings ratio of 35.19, a P/E/G ratio of 1.86 and a beta of 1.14. The business has a 50-day simple moving average of $130.25 and a two-hundred day simple moving average of $106.55.

Analyst Ratings Changes

Separately, Barrington Research restated an "outperform" rating and set a $136.00 target price on shares of Climb Global Solutions in a research report on Thursday, December 12th.

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.