Stock Traders Purchase Large Volume of Call Options on Columbia Sportswear (NASDAQ:COLM)

Columbia Sportswear Company (NASDAQ:COLM) was the recipient of unusually large options trading on Wednesday. Stock investors purchased 2,744 call options on the company. This represents an increase of approximately 1,329% compared to the average volume of 192 call options.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on COLM shares. Citigroup cut their price target on shares of Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Zacks Research upgraded shares of Columbia Sportswear from a “strong sell” rating to a “hold” rating in a report on Thursday, November 20th. Wall Street Zen raised shares of Columbia Sportswear from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. BTIG Research restated a “buy” rating and issued a $75.00 price objective on shares of Columbia Sportswear in a research report on Friday, October 31st. Finally, Stifel Nicolaus reduced their target price on Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $56.00.

Columbia Sportswear Trading Down 2.0%

COLM stock opened at $52.47 on Friday. The stock has a 50-day moving average price of $54.69 and a two-hundred day moving average price of $54.64. Columbia Sportswear has a 1 year low of $47.47 and a 1 year high of $92.88. The stock has a market cap of $2.83 billion, a PE ratio of 15.85 and a beta of 0.90.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings data on Thursday, October 30th. The textile maker reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.16. Columbia Sportswear had a return on equity of 12.45% and a net margin of 5.45%.The company had revenue of $943.43 million during the quarter, compared to analysts’ expectations of $917.02 million. During the same period in the prior year, the firm earned $1.56 earnings per share. Columbia Sportswear’s revenue for the quarter was up 1.2% compared to the same quarter last year. Columbia Sportswear has set its Q4 2025 guidance at 1.040-1.340 EPS and its FY 2025 guidance at 3.010-3.310 EPS. On average, analysts forecast that Columbia Sportswear will post 4.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Columbia Sportswear

Several institutional investors and hedge funds have recently added to or reduced their stakes in COLM. Dimensional Fund Advisors LP grew its holdings in shares of Columbia Sportswear by 11.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,825,233 shares of the textile maker’s stock valued at $95,457,000 after acquiring an additional 189,939 shares in the last quarter. Boston Trust Walden Corp grew its stake in Columbia Sportswear by 0.5% in the second quarter. Boston Trust Walden Corp now owns 1,198,524 shares of the textile maker’s stock valued at $73,206,000 after purchasing an additional 5,491 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Columbia Sportswear by 215.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,083,624 shares of the textile maker’s stock worth $56,674,000 after purchasing an additional 739,584 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Columbia Sportswear by 3.2% during the 3rd quarter. American Century Companies Inc. now owns 1,003,611 shares of the textile maker’s stock worth $52,489,000 after purchasing an additional 31,085 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of Columbia Sportswear by 82.9% in the 3rd quarter. AQR Capital Management LLC now owns 970,675 shares of the textile maker’s stock valued at $50,242,000 after buying an additional 439,913 shares during the last quarter. 47.76% of the stock is owned by institutional investors.

About Columbia Sportswear

Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.

Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.