Columbia Sportswear (NASDAQ:COLM) Director Sells $276,542.40 in Stock

Columbia Sportswear Company (NASDAQ:COLM) Director Ronald Nelson sold 4,080 shares of Columbia Sportswear stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $67.78, for a total value of $276,542.40. Following the transaction, the director owned 22,789 shares of the company’s stock, valued at $1,544,638.42. The trade was a 15.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Columbia Sportswear Stock Performance

Shares of NASDAQ:COLM opened at $66.18 on Monday. The stock has a fifty day simple moving average of $59.29 and a two-hundred day simple moving average of $57.52. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 21.08 and a beta of 0.93. Columbia Sportswear Company has a 12-month low of $47.47 and a 12-month high of $68.29.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.30. The business had revenue of $779.01 million during the quarter, compared to analysts’ expectations of $758.26 million. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.The firm’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.75 earnings per share. Columbia Sportswear has set its FY 2026 guidance at 3.550-4.000 EPS and its Q2 2026 guidance at -0.460–0.370 EPS. As a group, equities research analysts predict that Columbia Sportswear Company will post 3.86 EPS for the current year.

Columbia Sportswear Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.30 per share. The ex-dividend date is Thursday, May 21st. This represents a $1.20 dividend on an annualized basis and a yield of 1.8%. Columbia Sportswear’s payout ratio is presently 38.22%.

Analyst Upgrades and Downgrades

COLM has been the subject of several recent analyst reports. UBS Group restated a “sell” rating and issued a $47.00 price target (up from $44.00) on shares of Columbia Sportswear in a research note on Friday, May 1st. Stifel Nicolaus boosted their price target on Columbia Sportswear from $60.00 to $68.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Robert W. Baird set a $63.00 price target on Columbia Sportswear in a research note on Wednesday, February 4th. BTIG Research boosted their price target on Columbia Sportswear from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Citigroup restated a “neutral” rating and issued a $67.00 price target (up from $65.00) on shares of Columbia Sportswear in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $62.67.

Institutional Trading of Columbia Sportswear

A number of hedge funds have recently bought and sold shares of COLM. Millennium Management LLC increased its position in Columbia Sportswear by 24.6% during the first quarter. Millennium Management LLC now owns 142,956 shares of the textile maker’s stock valued at $10,820,000 after acquiring an additional 28,269 shares during the last quarter. Jones Financial Companies Lllp increased its position 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 acquiring an additional 375 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Columbia Sportswear by 2.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 114,611 shares of the textile maker’s stock valued at $8,675,000 after acquiring an additional 2,680 shares during the last quarter. Jane Street Group LLC increased its position in Columbia Sportswear by 125.0% during the first quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker’s stock valued at $8,727,000 after acquiring an additional 64,046 shares during the last quarter. Finally, Prudential Financial Inc. increased its position in Columbia Sportswear by 11.7% during the second quarter. Prudential Financial Inc. now owns 3,333 shares of the textile maker’s stock valued at $204,000 after acquiring an additional 350 shares during the last quarter. Hedge funds and other institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Company Profile

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.