Today it was reported that the EVP, Columbia Brand President of Columbia Sportswear (NASDAQ: COLM), Joseph P. Boyle, exercised options to sell 1,443 COLM shares at $13.56 a share, for a total transaction value of $131.3K.
In addition to Joseph P. Boyle, one other COLM executive reported Sell trades in the last month.
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Based on Columbia Sportswear’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $482 million and quarterly net profit of $9.74 million. In comparison, last year the company earned revenue of $399 million and had a GAAP net loss of $11.54 million. COLM’s market cap is $6.28B and the company has a P/E ratio of 46.50. Currently, Columbia Sportswear has an average volume of 77.69K.
Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $98.11, reflecting a 9.3% upside.
The insider sentiment on Columbia Sportswear has been negative according to 60 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Columbia Sportswear Co. engages in the design, source, market, and distribute outdoor and active lifestyle apparel, footwear, accessories, and equipment. It operates through the following geographical segments: the United States; Latin America and Asia Pacific; Europe, Middle East, and Africa; and Canada.
