Columbia Sportswear Co (COLM) Files Form 4 Insider Selling : Peter J Bragdon Sells 10,000 Shares

Columbia Sportswear Co (COLM): Peter J Bragdon , EVP/CAO, Gen. Counsel & Sec. of Columbia Sportswear Co sold 10,000 shares on Jun 20, 2016. The Insider selling transaction was reported by the company on Jun 22, 2016 to the Securities and Exchange Commission. The shares were sold at $58.95 per share for a total value of $589,500.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 10, 2016, Peter J Bragdon (EVP/CAO, Gen. Counsel & Sec.) sold 5,128 shares at $57.95 per share price.On May 26, 2016, Ronald E. Nelson (director) sold 2,776 shares at $53.20 per share price.Also, 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.

Columbia Sportswear Company: On Monday, Jun 20, 2016 heightened volatility was witnessed in Columbia Sportswear Company which led to swings in the share price. The shares opened for trading at $58.95 and hit $59.6 on the upside , eventually ending the session at $58.86, with a gain of 0.63% or 0.37 points. The heightened volatility saw the trading volume jump to 3,04,123 shares. The 52-week high of the share price is $74.72 and the company has a market cap of $4,101 M . The 52-week low of the share price is at $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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