Jane Street Group LLC Sells 2,245 Shares of Climb Global Solutions, Inc. (NASDAQ:CLMB)

Jane Street Group LLC decreased its stake in Climb Global Solutions, Inc. (NASDAQ:CLMB) by 42.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,038 shares of the company’s stock after selling 2,245 shares during the period. Jane Street Group LLC owned 0.07% of Climb Global Solutions worth $302,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. De Lisle Partners LLP lifted its stake in 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. Royce & Associates LP raised its stake in shares of Climb Global Solutions by 314.5% in the third quarter. Royce & Associates LP now owns 35,919 shares of the company’s stock valued at $3,575,000 after buying an additional 27,254 shares during the period. Pinnacle Associates Ltd. lifted its position in shares of Climb Global Solutions by 66.8% during the 3rd quarter. Pinnacle Associates Ltd. now owns 18,221 shares of the company’s stock valued at $1,814,000 after buying an additional 7,298 shares during the last quarter. State Street Corp lifted its position in shares of Climb Global Solutions by 12.5% during the 3rd quarter. State Street Corp now owns 62,692 shares of the company’s stock valued at $6,240,000 after buying an additional 6,979 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new position in shares of Climb Global Solutions during the 3rd quarter worth $516,000. 49.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Climb Global Solutions Trading Down 0.2 %

CLMB opened at $124.32 on Friday. Climb Global Solutions, Inc. has a 12 month low of $48.71 and a 12 month high of $142.50. The company has a market cap of $572.74 million, a PE ratio of 33.69, a price-to-earnings-growth ratio of 1.92 and a beta of 1.14. The company has a 50 day moving average of $127.39 and a 200 day moving average of $99.51.

Climb Global Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 11th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend was Friday, November 8th. Climb Global Solutions’s dividend payout ratio (DPR) is presently 18.43%.

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.