Columbia Sportswear Company (NASDAQ:COLM) Director Edward S. George sold 6,664 shares of the company’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $56.90, for a total value of $379,181.60. Following the completion of the sale, the director now directly owns 8,664 shares of the company’s stock, valued at $492,981.60. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Columbia Sportswear Company (COLM) opened at 57.00 on Wednesday. Columbia Sportswear Company has a 52 week low of $51.56 and a 52 week high of $63.55. The stock has a market capitalization of $3.98 billion, a P/E ratio of 20.78 and a beta of 0.80. The stock’s 50 day moving average price is $57.64 and its 200-day moving average price is $56.86.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings data on Thursday, July 27th. The textile maker reported ($0.17) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.03. Columbia Sportswear had a net margin of 8.01% and a return on equity of 12.31%. The firm had revenue of $398.90 million for the quarter, compared to analysts’ expectations of $394.53 million. During the same period last year, the firm earned ($0.12) earnings per share. The business’s revenue for the quarter was up 2.6% on a year-over-year basis. Equities research analysts expect that Columbia Sportswear Company will post $2.79 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 17th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, August 15th. This represents a $0.72 dividend on an annualized basis and a yield of 1.26%. Columbia Sportswear’s payout ratio is presently 26.47%.

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A number of institutional investors have recently made changes to their positions in COLM. Ameritas Investment Partners Inc. boosted its position in shares of Columbia Sportswear by 10.0% in the second quarter. Ameritas Investment Partners Inc. now owns 2,563 shares of the textile maker’s stock worth $149,000 after buying an additional 234 shares during the last quarter. Martin & Co. Inc. TN boosted its position in shares of Columbia Sportswear by 3.3% in the second quarter. Martin & Co. Inc. TN now owns 36,845 shares of the textile maker’s stock worth $2,139,000 after buying an additional 1,175 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Columbia Sportswear by 7.9% in the second quarter. The Manufacturers Life Insurance Company now owns 23,456 shares of the textile maker’s stock worth $1,362,000 after buying an additional 1,720 shares during the last quarter. State Street Corp boosted its position in shares of Columbia Sportswear by 8.8% in the second quarter. State Street Corp now owns 538,316 shares of the textile maker’s stock worth $31,254,000 after buying an additional 43,315 shares during the last quarter. Finally, Dana Investment Advisors Inc. boosted its position in shares of Columbia Sportswear by 0.7% in the second quarter. Dana Investment Advisors Inc. now owns 40,047 shares of the textile maker’s stock worth $2,325,000 after buying an additional 278 shares during the last quarter. 39.03% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have weighed in on the company. Cowen and Company set a $58.00 price objective on Columbia Sportswear and gave the stock a “hold” rating in a research report on Wednesday, July 19th. Goldman Sachs Group, Inc. (The) cut Columbia Sportswear from a “conviction-buy” rating to a “buy” rating in a research report on Tuesday, May 23rd. Zacks Investment Research raised Columbia Sportswear from a “sell” rating to a “hold” rating in a research report on Monday, July 17th. Buckingham Research reaffirmed a “neutral” rating and set a $58.00 price objective on shares of Columbia Sportswear in a research report on Monday, July 17th. Finally, Canaccord Genuity reaffirmed a “neutral” rating on shares of Columbia Sportswear in a research report on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the stock. Columbia Sportswear presently has an average rating of “Hold” and an average price target of $63.45.

Columbia Sportswear Company Profile

Columbia Sportswear Company is an apparel and footwear company. The Company designs, sources, markets and distributes outdoor lifestyle apparel, footwear, accessories and equipment under the Columbia, Mountain Hardwear, Sorel, prAna and other brands. Its geographic segments are the United States, Latin America and Asia Pacific (LAAP), Europe, Middle East and Africa (EMEA), and Canada.

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

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