Columbia Sportswear Company $COLM Shares Sold by Caxton Associates LLP

Caxton Associates LLP lessened its position in shares of Columbia Sportswear Company (NASDAQ:COLM) by 84.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 5,708 shares of the textile maker’s stock after selling 31,970 shares during the quarter. Caxton Associates LLP’s holdings in Columbia Sportswear were worth $313,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in COLM. Farther Finance Advisors LLC lifted its stake in Columbia Sportswear by 195.4% in the fourth quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock valued at $25,000 after buying an additional 297 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Columbia Sportswear by 690.0% in the third quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 483 shares during the period. Parallel Advisors LLC grew its position in shares of Columbia Sportswear by 250.0% during the third quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock worth $30,000 after acquiring an additional 415 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Columbia Sportswear by 208.3% in the 1st 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 period. Finally, EverSource Wealth Advisors LLC raised its position in Columbia Sportswear by 255.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 683 shares of the textile maker’s stock valued at $42,000 after purchasing an additional 491 shares during the last quarter. Institutional investors and hedge funds own 47.76% of the company’s stock.

Insider Transactions at Columbia Sportswear

In other news, Director Ronald E. Nelson sold 4,080 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $67.78, for a total transaction of $276,542.40. Following the transaction, the director directly owned 22,789 shares in the company, valued at $1,544,638.42. The trade was a 15.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Stephen E. Babson sold 4,150 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $67.95, for a total transaction of $281,992.50. Following the transaction, the director owned 132,376 shares in the company, valued at approximately $8,994,949.20. This trade represents a 3.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 9,559 shares of company stock worth $639,923. Company insiders own 51.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Zacks Research cut shares of Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. UBS Group restated a “sell” rating and issued a $47.00 price objective (up from $44.00) on shares of Columbia Sportswear in a research note on Friday, May 1st. BTIG Research upped their target price on shares of Columbia Sportswear from $75.00 to $80.00 and gave the company a “buy” rating in a report on Friday, May 1st. Weiss Ratings upgraded shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Finally, Citigroup reissued a “neutral” rating and set a $68.00 price target (up from $67.00) on shares of Columbia Sportswear in a report on Wednesday, July 22nd. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $62.83.

Columbia Sportswear Price Performance

Columbia Sportswear stock opened at $64.47 on Wednesday. The business has a 50 day simple moving average of $64.18 and a 200-day simple moving average of $60.33. Columbia Sportswear Company has a 12 month low of $47.47 and a 12 month high of $69.06. The stock has a market capitalization of $3.30 billion, a PE ratio of 20.53 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings data 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. The firm had revenue of $779.01 million for 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%. Columbia Sportswear’s quarterly revenue was up .1% on a year-over-year basis. During the same period last year, the firm posted $0.75 EPS. 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 anticipate that Columbia Sportswear Company will post 3.86 EPS for the current year.

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.