Insider Selling: Columbia Sportswear (NASDAQ:COLM) Director Sells $81,387.96 in Stock

Columbia Sportswear Company (NASDAQ:COLM) Director Sabrina Simmons sold 1,329 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $61.24, for a total transaction of $81,387.96. Following the sale, the director directly owned 8,260 shares of the company’s stock, valued at $505,842.40. This represents a 13.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Columbia Sportswear Trading Down 0.2%

COLM stock opened at $63.32 on Friday. Columbia Sportswear Company has a one year low of $47.47 and a one year high of $71.68. The firm has a market capitalization of $3.24 billion, a PE ratio of 20.17 and a beta of 0.91. The firm has a 50-day moving average of $58.11 and a two-hundred day moving average of $56.46.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.30. The company had revenue of $779.01 million during the quarter, compared to analyst estimates of $758.26 million. Columbia Sportswear had a net margin of 4.98% and a return on equity of 11.78%. The business’s quarterly revenue was up .1% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, equities research analysts anticipate that Columbia Sportswear Company will post 3.95 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Thursday, May 21st. Columbia Sportswear’s dividend payout ratio is 38.22%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on COLM shares. Robert W. Baird set a $63.00 price target on shares of Columbia Sportswear in a research report on Wednesday, February 4th. Wall Street Zen raised shares of Columbia Sportswear from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. BTIG Research increased their price target on shares of Columbia Sportswear from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Citigroup reissued a “neutral” rating and issued a $67.00 price target (up from $65.00) on shares of Columbia Sportswear in a research report on Monday. Finally, UBS Group reissued a “sell” rating and issued a $47.00 price target (up from $44.00) on shares of Columbia Sportswear in a research report on Friday, May 1st. 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. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $62.67.

Hedge Funds Weigh In On Columbia Sportswear

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers raised its position in Columbia Sportswear by 4.3% during the fourth quarter. Cetera Investment Advisers now owns 4,115 shares of the textile maker’s stock valued at $227,000 after acquiring an additional 168 shares in the last quarter. Oregon Public Employees Retirement Fund raised its position in Columbia Sportswear by 4.0% during the first quarter. Oregon Public Employees Retirement Fund now owns 5,216 shares of the textile maker’s stock valued at $286,000 after acquiring an additional 200 shares in the last quarter. Bank of Montreal Can raised its position in Columbia Sportswear by 3.9% during the fourth quarter. Bank of Montreal Can now owns 5,322 shares of the textile maker’s stock valued at $293,000 after acquiring an additional 200 shares in the last quarter. Parallel Advisors LLC raised its position in Columbia Sportswear by 43.6% during the first quarter. Parallel Advisors LLC now owns 817 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 248 shares in the last quarter. Finally, Huntington National Bank raised its position in Columbia Sportswear by 33.8% during the third quarter. Huntington National Bank now owns 1,005 shares of the textile maker’s stock valued at $53,000 after acquiring an additional 254 shares in the last quarter. Institutional investors own 47.76% of the company’s stock.

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.