Ronald Nelson Sells 4,080 Shares of Columbia Sportswear (NASDAQ:COLM) Stock

Key Points

• Director Ronald Nelson sold 4,080 shares of Columbia Sportswear stock at an average price of $67.78, totaling about $276,542. Following the sale, he still owned 22,789 shares, a 15.18% reduction in his position.
• Columbia Sportswear shares fell 2.4% to $66.18, near the stock’s 1-year high of $68.29. The company has a market cap of $3.38 billion and trades above both its 50-day and 200-day moving averages.
• The company recently beat quarterly earnings expectations, reporting $0.65 EPS versus the $0.35 consensus and revenue of $779.01 million. It also announced a quarterly dividend of $0.30 per share, equal to an annual yield of about 1.8%.

Columbia Sportswear Company (NASDAQ:COLM - Get Free Report) Director Ronald Nelson sold 4,080 shares of the company's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $67.78, for a total value of $276,542.40. Following the completion of the transaction, the director owned 22,789 shares in the company, valued at $1,544,638.42. This represents a 15.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Columbia Sportswear Stock Down 2.4%

Shares of COLM traded down $1.61 during trading hours on Friday, reaching $66.18. The company's stock had a trading volume of 664,507 shares, compared to its average volume of 671,065. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 21.08 and a beta of 0.91. Columbia Sportswear Company has a 1-year low of $47.47 and a 1-year high of $68.29. The company has a 50 day moving average of $59.06 and a two-hundred day moving average of $57.42.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last issued its earnings results on Thursday, April 30th. The textile maker reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.30. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.The company had revenue of $779.01 million for the quarter, compared to the consensus estimate of $758.26 million. During the same quarter in the prior year, the company earned $0.75 EPS. The firm's quarterly revenue was up .1% on a year-over-year basis. 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, analysts forecast that Columbia Sportswear Company will post 3.86 EPS for the current fiscal year.

Columbia Sportswear Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Thursday, May 21st. Columbia Sportswear's dividend payout ratio is presently 38.22%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in COLM. Cetera Investment Advisers grew its stake in Columbia Sportswear by 4.3% in 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 during the period. Bank of Montreal Can grew its stake in Columbia Sportswear by 3.9% in 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 during the period. Oregon Public Employees Retirement Fund grew its stake in Columbia Sportswear by 4.0% in 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 during the period. Parallel Advisors LLC grew its stake in Columbia Sportswear by 43.6% in 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 during the period. Finally, Huntington National Bank grew its stake in Columbia Sportswear by 33.8% in 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 during the period. Institutional investors and hedge funds own 47.76% of the company's stock.

Analyst Ratings Changes

COLM has been the topic of several research reports. Zacks Research raised Columbia Sportswear from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 19th. Citigroup reaffirmed a "neutral" rating and issued a $67.00 target price (up from $65.00) on shares of Columbia Sportswear in a research report on Monday, May 4th. BTIG Research upped their target price on Columbia Sportswear from $75.00 to $80.00 and gave the stock a "buy" rating in a research report on Friday, May 1st. UBS Group reaffirmed a "sell" rating and issued a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a research report on Friday, May 1st. Finally, Stifel Nicolaus upped their target price on Columbia Sportswear from $60.00 to $68.00 and gave the stock a "buy" rating in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Columbia Sportswear presently has an average rating of "Hold" and an average price target of $62.67.

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.

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