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 value of $10,676.50. Following the completion of the sale, the insider now owns 1,154,136 shares of the company’s stock, valued at $94,062,084. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value of $991,500.00.
  • On Thursday, June 25th, Sarah Bany sold 13,158 shares of Columbia Sportswear stock. The stock was sold at an average price of $76.76, for a total value of $1,010,008.08.

Shares of COLM stock opened at $75.84 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.86 and a current ratio of 2.80. Columbia Sportswear has a 1 year low of $51.82 and a 1 year high of $109.44. The stock has a fifty day moving average of $78.99 and a two-hundred day moving average of $78.13. The firm has a market capitalization of $5.32 billion, a PE ratio of 30.38, a price-to-earnings-growth ratio of 12.70 and a beta of 0.67.

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

COLM has been the subject of a number of recent research reports. DA Davidson upgraded Columbia Sportswear from a “neutral” rating to a “buy” rating and set a $100.00 price objective for the company in a research note on Wednesday, June 24th. Cfra lowered their price objective on Columbia Sportswear from $120.00 to $115.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Wedbush upped their price objective on Columbia Sportswear from $79.00 to $88.00 and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. Citigroup upped their price objective on Columbia Sportswear from $64.00 to $72.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, BTIG Research initiated coverage on Columbia Sportswear in a research note on Tuesday, April 28th. They set a “neutral” rating for the company. Six investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $101.30.

Several institutional investors have recently made changes to their positions in COLM. FinTrust Capital Advisors LLC acquired a new stake in shares of Columbia Sportswear in the first quarter valued at $43,000. Dupont Capital Management Corp acquired a new stake in Columbia Sportswear during the 2nd quarter valued at $58,000. American National Bank acquired a new stake in shares of Columbia Sportswear in the 2nd quarter valued at $81,000. Ellevest Inc. acquired a new stake in shares of Columbia Sportswear in the 1st quarter valued at $94,000. Finally, Huntington National Bank increased its stake in shares of Columbia Sportswear by 77.5% in the 1st quarter. Huntington National Bank now owns 1,448 shares of the textile maker’s stock valued at $101,000 after buying an additional 632 shares during the period. 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.

Featured Article: What Does a Sell-Side Analyst Rating Mean?

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

Receive News & Ratings for Columbia Sportswear Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbia Sportswear and related companies with MarketBeat.com's FREE daily email newsletter.