Royce & Associates LP Has $6.41 Million Stock Position in Climb Global Solutions, Inc. (NASDAQ:CLMB)

Royce & Associates LP increased its holdings in shares of Climb Global Solutions, Inc. (NASDAQ:CLMB - Free Report) by 40.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,601 shares of the company's stock after acquiring an additional 14,682 shares during the quarter. Royce & Associates LP owned about 1.10% of Climb Global Solutions worth $6,414,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in CLMB. De Lisle Partners LLP increased its holdings in shares of Climb Global Solutions by 24.1% in the third quarter. De Lisle Partners LLP now owns 194,280 shares of the company's stock valued at $19,272,000 after purchasing an additional 37,747 shares during the last quarter. Sowell Financial Services LLC bought a new stake in shares of Climb Global Solutions during the 4th quarter worth about $1,489,000. Raymond James Financial Inc. acquired a new position in Climb Global Solutions in the 4th quarter valued at about $1,449,000. Proficio Capital Partners LLC bought a new position in Climb Global Solutions in the 4th quarter valued at about $1,382,000. Finally, Allspring Global Investments Holdings LLC lifted its position in Climb Global Solutions by 138,542.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 9,705 shares of the company's stock worth $1,230,000 after acquiring an additional 9,698 shares during the last quarter. Institutional investors own 49.72% of the company's stock.

Climb Global Solutions Trading Up 1.4 %

CLMB stock traded up $1.58 during trading hours on Friday, hitting $117.38. 57,035 shares of the stock were exchanged, compared to its average volume of 25,689. Climb Global Solutions, Inc. has a 12 month low of $49.70 and a 12 month high of $145.00. The firm has a market capitalization of $540.77 million, a P/E ratio of 31.81, a P/E/G ratio of 1.74 and a beta of 1.18. The company has a 50-day simple moving average of $124.85 and a two-hundred day simple moving average of $117.94.

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Climb Global Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 17th were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 0.58%. The ex-dividend date was Monday, March 17th. Climb Global Solutions's dividend payout ratio (DPR) is 16.75%.

Insider Buying and Selling at Climb Global Solutions

In other Climb Global Solutions news, insider Charles Edward Bass sold 8,117 shares of the firm's stock in a transaction 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 in the company, valued at $3,216,520.32. This trade represents a 23.94 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Dale Richard Foster sold 2,000 shares of the company's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $110.46, for a total value of $220,920.00. Following the sale, the chief executive officer now owns 82,740 shares of the company's stock, valued at approximately $9,139,460.40. The trade was a 2.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,764 shares of company stock valued at $2,799,426 in the last quarter. Company insiders own 9.60% of the company's stock.

Wall Street Analyst Weigh In

Separately, Barrington Research reaffirmed an "outperform" rating and issued a $136.00 target price on shares of Climb Global Solutions in a research report on Thursday, March 6th.

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.