Jintechnologies News Refinance News Columbia Banking System Inc (NASDAQ:COLB) EVP Sells $122,043.86 in Stock

Columbia Banking System Inc (NASDAQ:COLB) EVP Sells $122,043.86 in Stock

 · Xact Kapitalforvaltning AB lessened its position in shares of Columbia Banking System Inc (NASDAQ:COLB) by 31.2% during the 1st quarter, Holdings Channel reports. The firm owned 10,588 shares of the financial services provider’s stock after selling 4,800 shares during the quarter.

Columbia Banking System (NASDAQ:COLB) has been given a $38.00 price target by Royal Bank of Canada in a report issued on Friday, TipRanks reports. The brokerage presently has a "hold" rating on the financial services provider’s stock. Royal Bank of Canada’s price objective would suggest a potential upside of 1.77% from the stock’s previous close.

Columbia Banking System Inc (NASDAQ:COLB) EVP Andy Mcdonald sold 3,481 shares of Columbia Banking System stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $35.06, for a total transaction of $122,043.86.

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Columbia Banking System Inc (NASDAQ:COLB) EVP Andy Mcdonald sold 3,481 shares of Columbia Banking System stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $35.06, for a total transaction of $122,043.86.

Which company executives are buying and selling shares of Columbia banking system (nasdaq:colb) stock? view the most recent insider trading activity for COLB stock at MarketBeat.

Columbia Banking System Inc (NASDAQ:COLB) EVP Andy Mcdonald sold 3,481 shares of Columbia Banking System stock in a transaction dated tuesday, June 11th. The stock was sold at an average price of $35.06, for a total transaction of $122,043.86.

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Columbia Banking System (NASDAQ:COLB) was upgraded by Zacks Investment Research from a "sell" rating to a "hold" rating in a report released on Wednesday, Zacks.com reports. According to Zacks, "Columbia Banking System, Inc. is a registered bank holding company whose wholly owned subsidiary, Columbia State Bank,conducts a full-service commercial banking business.

Columbia banking system (nasdaq:colb) posted its quarterly earnings results on Thursday. The financial services provider reported $0.71 EPS for the quarter, beating the consensus estimate of $0.63 by $0.08, Briefing.com reports. Columbia Banking System had a return on equity of 9.20% and a net margin of 30.92%.

Moody Aldrich Partners LLC lifted its stake in Columbia Banking System Inc (NASDAQ:COLB) by 2.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 140,325 shares of the financial services provider’s stock after purchasing an additional 3,754 shares during the period.

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