Columbia Banking System, Inc (NASDAQ: COLB) is -5.11% lower on its value in year-to-date trading and has touched a low of $18.11 and a high of $32.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The COLB stock was last observed hovering at around $23.93 in the last trading session, with the day’s gains setting it 1.7%.
Currently trading at $25.63, the stock is 11.41% and 8.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.23 million and changing 7.10% at the moment leaves the stock -2.31% off its SMA200. COLB registered 26.69% gain for a year compared to 6-month loss of -19.12%.
The stock witnessed a 23.76% gain in the last 1 month and extending the period to 3 months gives it a -6.43%, and is 8.42% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.25% over the week and 3.14% over the month.
Columbia Banking System, Inc (COLB) has around 4721 employees, a market worth around $5.39B and $2.95B in sales. Current P/E ratio is 10.82 and Fwd P/E is 8.39. Profit margin for the company is 16.80%. Distance from 52-week low is 41.52% and -21.98% from its 52-week high. The company has generated returns on investments over the last 12 months (5.95%).
The EPS is expected to shrink by -1.69% this year.
Columbia Banking System, Inc (COLB) Top Institutional Holders
The shares outstanding are 210.11M, and float is at 208.44M with Short Float at 4.06%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 22.23 million shares valued at $442.22 million. The investor’s holdings represent 10.6634% of the COLB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 18.32 million shares valued at $364.46 million to account for 8.7885 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 11.57 million shares representing 5.5498% and valued at over $230.15 million, while STATE STREET CORP holds 5.1031 of the shares totaling 10.64 million with a market value of $211.63 million.
Columbia Banking System, Inc (COLB) Insider Activity
The most recent transaction is an insider sale by Nixon Torran B, the company’s Senior Executive VP. SEC filings show that Nixon Torran B sold 4,481 shares of the company’s common stock on Mar 04 ’25 at a price of $25.99 per share for a total of $0.12 million. Following the sale, the insider now owns 0.1 million shares.
