Insider Buying: Columbia Sportswear (NASDAQ:COLM) President Purchases 300 Shares of Stock

Columbia Sportswear Company (NASDAQ:COLM) President Peter Bragdon acquired 300 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were bought at an average cost of $54.40 per share, for a total transaction of $16,320.00. Following the acquisition, the president owned 26,223 shares of the company’s stock, valued at $1,426,531.20. This represents a 1.16% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Columbia Sportswear Price Performance

Columbia Sportswear stock traded down $0.76 during mid-day trading on Friday, reaching $53.69. The company had a trading volume of 731,128 shares, compared to its average volume of 754,786. The stock’s 50-day simple moving average is $52.81 and its 200-day simple moving average is $57.62. Columbia Sportswear Company has a 1 year low of $47.47 and a 1 year high of $92.88. The company has a market capitalization of $2.89 billion, a P/E ratio of 13.70 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings results on Thursday, October 30th. The textile maker reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.25 by $0.16. Columbia Sportswear had a return on equity of 12.97% and a net margin of 6.59%.The business had revenue of $943.43 million during the quarter, compared to analysts’ expectations of $917.02 million. During the same quarter last year, the business posted $1.56 earnings per share. The business’s revenue for the quarter was up 1.2% on a year-over-year basis. Columbia Sportswear has set its Q4 2025 guidance at 1.040-1.340 EPS. FY 2025 guidance at 3.010-3.310 EPS. On average, equities analysts forecast that Columbia Sportswear Company will post 4.1 EPS for the current fiscal year.

Columbia Sportswear Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 20th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.20 annualized dividend and a yield of 2.2%. Columbia Sportswear’s payout ratio is presently 36.25%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Sellwood Investment Partners LLC acquired a new stake in shares of Columbia Sportswear in the 3rd quarter valued at $26,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Columbia Sportswear during the 1st quarter worth about $38,000. Elevation Point Wealth Partners LLC bought a new position in shares of Columbia Sportswear in the 2nd quarter valued at approximately $31,000. Fifth Third Bancorp boosted its position in Columbia Sportswear by 630.0% during the third quarter. Fifth Third Bancorp now owns 511 shares of the textile maker’s stock worth $27,000 after purchasing an additional 441 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in Columbia Sportswear by 208.3% during the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock valued at $42,000 after purchasing an additional 375 shares during the last quarter. Institutional investors and hedge funds own 47.76% of the company’s stock.

Analysts Set New Price Targets

COLM has been the subject of several recent analyst reports. Weiss Ratings raised shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. BTIG Research reiterated a “buy” rating and set a $75.00 price objective on shares of Columbia Sportswear in a research note on Friday, October 31st. Citigroup lowered their price target on Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating for the company in a report on Monday, November 3rd. Zacks Research downgraded shares of Columbia Sportswear from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 30th. Finally, Stifel Nicolaus dropped their price objective on shares of Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Columbia Sportswear currently has an average rating of “Hold” and a consensus target price of $60.50.

About Columbia Sportswear

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.