Choreo LLC Raises Stock Holdings in Climb Global Solutions, Inc. (NASDAQ:CLMB)

Choreo LLC boosted its stake in Climb Global Solutions, Inc. (NASDAQ:CLMB) by 2.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 76,828 shares of the company’s stock after buying an additional 2,002 shares during the period. Choreo LLC’s holdings in Climb Global Solutions were worth $9,725,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. New York State Teachers Retirement System purchased a new stake in Climb Global Solutions in the 3rd quarter valued at about $38,000. Harvest Fund Management Co. Ltd purchased a new stake in Climb Global Solutions during the third quarter worth about $126,000. Quantbot Technologies LP purchased a new stake in Climb Global Solutions during the third quarter worth about $147,000. SG Americas Securities LLC purchased a new stake in Climb Global Solutions during the third quarter worth about $159,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in Climb Global Solutions during the fourth quarter worth about $250,000. 49.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Barrington Research reiterated an “outperform” rating and set a $136.00 price target on shares of Climb Global Solutions in a research note on Thursday, December 12th.

Climb Global Solutions Stock Performance

Shares of Climb Global Solutions stock opened at $125.67 on Wednesday. The business has a 50-day simple moving average of $129.39 and a 200-day simple moving average of $108.53. The company has a market cap of $578.96 million, a PE ratio of 34.06, a P/E/G ratio of 1.74 and a beta of 1.13. Climb Global Solutions, Inc. has a one year low of $49.69 and a one year high of $142.50.

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.