1 week Ago By Defense World Staff
American Century Companies Inc. decreased its position in shares of Climb Global Solutions, Inc. (NASDAQ:CLMB – Free Report) by 71.
0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,070 shares of the company’s stock after selling 9,971 shares during the period. American Century Companies Inc.
owned about 0.09% of Climb Global Solutions worth $516,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds have also added to or reduced their stakes in CLMB.
MeadowBrook Investment Advisors LLC acquired a new stake in Climb Global Solutions in the fourth quarter valued at about $120,000. Kovitz Investment Group Partners LLC acquired a new stake in shares of Climb Global Solutions in the 3rd quarter valued at approximately $222,000. Virtu Financial LLC bought a new stake in shares of Climb Global Solutions during the 3rd quarter valued at approximately $228,000.
Cornerstone Investment Partners LLC bought a new stake in shares of Climb Global Solutions during the 4th quarter valued at approximately $236,000. Finally, SG Americas Securities LLC increased its position in Climb Global Solutions by 21.4% during the 4th quarter.
SG Americas Securities LLC now owns 1,936 shares of the company’s stock worth $245,000 after purchasing an additional 341 shares in the last quarter. 49.72% of the stock is owned by institutional investors.
Climb Global Solutions Stock Up 1.1 %Shares of CLMB opened at $105.25 on Friday.
The business has a 50-day simple moving average of $117.07 and a two-hundred day simple moving average of $119.61.
Climb Global Solutions, Inc. has a 12-month low of $49.70 and a 12-month high of $145.
00. The stock has a market cap of $484.89 million, a PE ratio of 28.
52, a PEG ratio of 1.74 and a beta of 1.13.
Climb Global Solutions Announces DividendThe firm also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 17th were issued a $0.17 dividend.
The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.68 dividend on an annualized basis and a yield of 0.
65%. Climb Global Solutions’s dividend payout ratio (DPR) is presently 16.75%.
Insider Buying and SellingIn other news, CEO Dale Richard Foster sold 2,000 shares of the stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $110.46, for a total value of $220,920.
00. Following the completion of the sale, the chief executive officer now owns 82,740 shares of the company’s stock, valued at approximately $9,139,460.40.
This represents a 2.36 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Also, Director Andrew S. Bryant sold 2,604 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $122.
00, for a total value of $317,688.00. Following the transaction, the director now owns 6,274 shares of the company’s stock, valued at $765,428.
This trade represents a 29.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
Insiders have sold a total of 22,764 shares of company stock worth $2,799,426 in the last ninety days. Company insiders own 9.60% of the company’s stock.
Wall Street Analyst Weigh InSeparately, Barrington Research reaffirmed an “outperform” rating and set a $136.00 target price on shares of Climb Global Solutions in a research note on Thursday, March 6th.Check Out Our Latest Report on Climb Global SolutionsClimb Global Solutions Company Profile (Free Report)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.Read MoreFive stocks we like better than Climb Global SolutionsWhat Investors Must Know About Over-the-Counter (OTC) StocksRobinhood Strategies Could Be a Game-Changer for Young InvestorsUtilities Stocks Explained – How and Why to Invest in UtilitiesAre These 3 Retail Stocks Oversold or Really in Trouble?How to trade using analyst ratingsIONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead.
