Climb Global Solutions, Inc. (NASDAQ:CLMB – Free Report) – Equities researchers at Barrington Research cut their Q2 2025 EPS estimates for shares of Climb Global Solutions in a research note issued to investors on Tuesday, May 13th. Barrington Research analyst V. Colicchio now forecasts that the company will post earnings of $0.90 per share for the quarter, down from their prior forecast of $0.99. Barrington Research currently has a “Outperform” rating and a $136.00 price target on the stock. The consensus estimate for Climb Global Solutions’ current full-year earnings is $4.14 per share. Barrington Research also issued estimates for Climb Global Solutions’ 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 Stock Performance
CLMB opened at $107.75 on Thursday. Climb Global Solutions has a 52-week low of $49.70 and a 52-week high of $145.00. The stock has a market capitalization of $495.87 million, a PE ratio of 29.20, a price-to-earnings-growth ratio of 1.74 and a beta of 1.12. The stock’s 50 day moving average price is $108.28 and its 200-day moving average price is $120.04.
Hedge Funds Weigh In On Climb Global Solutions
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC raised its position in shares of Climb Global Solutions by 138,542.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 9,705 shares of the company’s stock valued at $1,230,000 after buying an additional 9,698 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Climb Global Solutions in the fourth quarter valued at approximately $476,000. Raymond James Financial Inc. acquired a new stake in Climb Global Solutions during the 4th quarter worth approximately $1,449,000. Proficio Capital Partners LLC purchased a new stake in Climb Global Solutions in the 4th quarter valued at approximately $1,382,000. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of Climb Global Solutions in the 4th quarter valued at about $250,000. 49.72% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Climb Global Solutions news, insider Charles Edward Bass sold 8,117 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $124.71, for a total value of $1,012,271.07. Following the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Greg Scorziello sold 5,767 shares of Climb Global Solutions stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $100.63, for a total transaction of $580,333.21. Following the transaction, the director now directly owns 1,774 shares in the company, valued at approximately $178,517.62. The trade was a 76.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 28,531 shares of company stock valued at $3,379,759. 9.60% of the stock is owned by insiders.
Climb Global Solutions Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Stockholders of record on Monday, May 12th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date of this dividend is Monday, May 12th. Climb Global Solutions’s payout ratio is presently 15.93%.
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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