Columbia Banking System, Inc (NASDAQ: COLB) is -14.74% lower on its value in year-to-date trading and has touched a low of $18.20 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 $23.38 in the last trading session, with the day’s loss setting it -0.35%.
Currently trading at $23.03, the stock is -4.73% and -1.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.81 million and changing -1.50% at the moment leaves the stock -12.20% off its SMA200. COLB registered 25.64% gain for a year compared to 6-month loss of -27.40%. The firm has a 50-day simple moving average (SMA 50) of $23.5166 and a 200-day simple moving average (SMA200) of $26.23095.
The stock witnessed a 0.17% gain in the last 1 month and extending the period to 3 months gives it a -12.70%, and is -2.37% down 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 1.44% over the week and 2.28% over the month.
Columbia Banking System, Inc (COLB) has around 4721 employees, a market worth around $4.84B and $2.95B in sales. Current P/E ratio is 9.73 and Fwd P/E is 7.53. Profit margin for the company is 16.80%. Distance from 52-week low is 26.54% and -29.89% 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 -1.42% this year.
Columbia Banking System, Inc (COLB) Top Institutional Holders
537.0 institutions hold shares in Columbia Banking System, Inc (COLB), with institutional investors hold 97.44% of the company’s shares. The shares outstanding are 210.11M, and float is at 208.40M with Short Float at 4.61%. Institutions hold 96.74% of the Float.
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.
