Columbia Sportswear (NASDAQ:COLM) major shareholder Sarah Bany sold 131 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $81.50, for a total transaction of $10,676.50. Following the sale, the insider now owns 1,154,136 shares in the company, valued at approximately $94,062,084. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Sarah Bany also recently made the following trade(s):

  • On Thursday, July 23rd, Sarah Bany sold 25,000 shares of Columbia Sportswear stock. The shares were sold at an average price of $81.78, for a total transaction of $2,044,500.00.
  • On Tuesday, July 21st, Sarah Bany sold 355,000 shares of Columbia Sportswear stock. The shares were sold at an average price of $77.45, for a total transaction of $27,494,750.00.
  • On Friday, July 17th, Sarah Bany sold 25,000 shares of Columbia Sportswear stock. The shares were sold at an average price of $80.04, for a total transaction of $2,001,000.00.
  • On Wednesday, July 15th, Sarah Bany sold 25,318 shares of Columbia Sportswear stock. The shares were sold at an average price of $79.34, for a total transaction of $2,008,730.12.
  • On Monday, July 13th, Sarah Bany sold 26,316 shares of Columbia Sportswear stock. The shares were sold at an average price of $76.40, for a total transaction of $2,010,542.40.
  • On Friday, July 10th, Sarah Bany sold 27,398 shares of Columbia Sportswear stock. The shares were sold at an average price of $75.72, for a total transaction of $2,074,576.56.
  • On Wednesday, July 8th, Sarah Bany sold 13,000 shares of Columbia Sportswear stock. The shares were sold at an average price of $76.94, for a total transaction of $1,000,220.00.
  • On Monday, July 6th, Sarah Bany sold 12,500 shares of Columbia Sportswear stock. The shares were sold at an average price of $80.68, for a total transaction of $1,008,500.00.
  • On Monday, June 29th, Sarah Bany sold 12,500 shares of Columbia Sportswear stock. The shares were sold at an average price of $79.32, for a total transaction of $991,500.00.
  • On Thursday, June 25th, Sarah Bany sold 13,158 shares of Columbia Sportswear stock. The shares were sold at an average price of $76.76, for a total transaction of $1,010,008.08.

Shares of COLM stock opened at $75.84 on Friday. Columbia Sportswear has a 52-week low of $51.82 and a 52-week high of $109.44. The stock has a market cap of $5.01 billion, a price-to-earnings ratio of 28.62, a P/E/G ratio of 11.96 and a beta of 0.67. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.86 and a current ratio of 2.80. The firm has a fifty day moving average of $78.99 and a 200-day moving average of $78.13.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings data on Thursday, July 30th. The textile maker reported ($0.77) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.88) by $0.11. The company had revenue of $316.61 million during the quarter, compared to analysts’ expectations of $315.43 million. Columbia Sportswear had a net margin of 6.66% and a return on equity of 10.36%. On average, sell-side analysts predict that Columbia Sportswear will post 2.04 earnings per share for the current year.

Several research firms have commented on COLM. Wedbush boosted their target price on shares of Columbia Sportswear from $79.00 to $88.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. BTIG Research initiated coverage on shares of Columbia Sportswear in a report on Tuesday, April 28th. They set a “neutral” rating for the company. Cfra decreased their price objective on shares of Columbia Sportswear from $120.00 to $115.00 and set a “buy” rating for the company in a report on Friday, May 1st. DA Davidson raised shares of Columbia Sportswear from a “neutral” rating to a “buy” rating and set a $100.00 price objective for the company in a report on Wednesday, June 24th. Finally, Pivotal Research decreased their price objective on shares of Columbia Sportswear from $101.00 to $84.00 and set a “hold” rating for the company in a report on Wednesday, April 29th. Six research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $101.30.

Institutional investors have recently made changes to their positions in the stock. FinTrust Capital Advisors LLC acquired a new stake in shares of Columbia Sportswear during the 1st quarter worth about $43,000. Dupont Capital Management Corp acquired a new stake in shares of Columbia Sportswear during the 2nd quarter worth about $58,000. American National Bank acquired a new stake in shares of Columbia Sportswear during the 2nd quarter worth about $81,000. Ellevest Inc. acquired a new stake in shares of Columbia Sportswear during the 1st quarter worth about $94,000. Finally, Huntington National Bank increased its position in shares of Columbia Sportswear by 77.5% during the 1st quarter. Huntington National Bank now owns 1,448 shares of the textile maker’s stock worth $101,000 after purchasing an additional 632 shares in the last quarter. Institutional investors and hedge funds own 41.76% of the company’s stock.

About Columbia Sportswear

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets, and distributes outdoor and active lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East and Africa, and Canada. The company provides apparel, accessories, and equipment that are used various outdoor activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, trail running, water sports, yoga, golf, and adventure travel for men and women under the Columbia, Mountain Hardwear, SOREL, and prAna brands, as well as for youth under the Columbia brand name.

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Insider Buying and Selling by Quarter for Columbia Sportswear (NASDAQ:COLM)

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