Climb Global Solutions, Inc. (NASDAQ:CLMB) is among the fastest growing small cap stocks to buy. Invesco Ltd. has reduced its position in Climb Global Solutions, Inc. (NASDAQ:CLMB) by selling 20,632 shares during the first quarter, as disclosed with the Securities and Exchange Commission (SEC). The investment management firm now owns 74,567 shares of the CLMB, translating to 1.62% of the company.

During its latest earnings call, the management highlighted double-digit organic growth, new vendor contracts, and a strong footing in both the U.S. and Europe markets. The backbone of the company’s strong quarter is the acquisition of Douglas Stewart Software (DSS), which boosted performance through incremental and seasonal gains. That being said, Climb Global Solutions, Inc. (NASDAQ:CLMB) also entered into a contract with Ignite, the impact of which will perhaps be more visible in the quarters ahead.Goldman Reaffirms Buy on Arista Networks (ANET) — Here’s What’s Powering the Optimism

As Matthew Sullivan, the VP and CFO, stated,

“We’re continuing to explore strategic acquisitions that align with our high-performance culture and strengthen our ability to meet evolving customer needs.”

As long as the company remains focused on high-growth sectors with M&A opportunities, there’s a good reason to believe that Climb Global Solutions, Inc. (NASDAQ:CLMB) will draw further investor interest.

Climb Global Solutions, Inc. (NASDAQ:CLMB) is a New Jersey-based value-added information technology (IT) distribution and solutions company. Founded in 1982, the company operates through two segments: Distribution and Solutions.

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Disclosure: None.

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