Columbia Sportswear Co (COLM) Files Form 4 Insider Selling : Ronald E. Nelson Sells 2,776 Shares

Columbia Sportswear Co (COLM): Ronald E. Nelson , director of Columbia Sportswear Co sold 2,776 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $53.20 per share for a total value of $147,676.53 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 2, 2016, Bryan Timm (President/COO) sold 13,172 shares at $60.47 per share price.On Feb 29, 2016, David Shawn Cox (SVP Retail/NA & EMEA) sold 900 shares at $60.69 per share price.Also, On Feb 29, 2016, Walter Klenz (director) sold 10,164 shares at $59.88 per share price.On Feb 23, 2016, Thomas B. Cusick (EVP of Finance & CFO) sold 4,000 shares at $59.00 per share price.

Shares of Columbia Sportswear Company (COLM) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.1 points or -0.19% at $53.03 with 2,29,015 shares getting traded. Post opening the session at $53.4, the shares hit an intraday low of $52.755 and an intraday high of $53.4 and the price vacillated in this range throughout the day. The company has a market cap of $3,695 M and the number of outstanding shares has been calculated to be 6,96,70,089 shares. The 52-week high of Columbia Sportswear Company is $74.72 and the 52-week low is $43.56.

Columbia Sportswear Company Money Flow Index Chart

Company has been under the radar of several Street Analysts.Columbia Sportswear Company is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 68 from a previous price target of $60 .The Rating was issued on Apr 19, 2016.

Columbia Sportswear Company is a hat distributor. The Company designs sources markets and distributes outdoor and active lifestyle apparel footwear accessories and equipment under the Columbia Mountain Hardwear Sorel prAna and Montrail brands. It offers products including outerwear sportswear footwear accessories and equipment for a variety of activities and consumers. Its other brands include Montrail brand OutDry brand and Pacific Trail brand. It develops and manages its merchandise in two categories: apparel accessories and equipment and footwear. Its apparel accessories and equipment are designed to use in a variety of outdoor activities such as skiing snowboarding hiking climbing mountaineering camping hunting fishing trail running water sports and adventure travel. Its footwear products include durable lightweight hiking boots trail running shoes rugged cold weather boots and casual shoes. It operates in North America Europe Japan Korea and China.

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