Columbia Sportswear Sees Unusually Large Options Volume (NASDAQ:COLM)

Columbia Sportswear Company (NASDAQ:COLM) was the target of some unusual options trading activity on Wednesday. Stock traders bought 2,744 call options on the stock. This represents an increase of 1,329% compared to the typical daily volume of 192 call options.

Wall Street Analyst Weigh In

A number of research firms have issued reports on COLM. Citigroup cut their price objective on shares of Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating for the company in a report on Monday, November 3rd. BTIG Research reaffirmed a “buy” rating and set a $75.00 target price on shares of Columbia Sportswear in a report on Friday, October 31st. UBS Group reiterated a “sell” rating and issued a $39.00 price target (up from $38.00) on shares of Columbia Sportswear in a research report on Thursday, January 8th. Zacks Research upgraded Columbia Sportswear from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 20th. Finally, Wall Street Zen raised Columbia Sportswear from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Columbia Sportswear currently has a consensus rating of “Hold” and a consensus price target of $56.00.

Hedge Funds Weigh In On Columbia Sportswear

A number of institutional investors have recently added to or reduced their stakes in COLM. Baker Ellis Asset Management LLC bought a new stake in shares of Columbia Sportswear during the fourth quarter worth $218,000. Allspring Global Investments Holdings LLC bought a new stake in Columbia Sportswear during the 4th quarter worth $1,920,000. SG Americas Securities LLC grew its position in Columbia Sportswear by 161.5% during the 4th quarter. SG Americas Securities LLC now owns 33,166 shares of the textile maker’s stock worth $1,827,000 after acquiring an additional 20,483 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Columbia Sportswear by 41.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,248 shares of the textile maker’s stock valued at $700,000 after purchasing an additional 3,619 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in Columbia Sportswear by 265.7% in the fourth quarter. GAMMA Investing LLC now owns 1,726 shares of the textile maker’s stock valued at $95,000 after purchasing an additional 1,254 shares during the last quarter. 47.76% of the stock is currently owned by institutional investors and hedge funds.

Columbia Sportswear Stock Performance

Shares of COLM opened at $53.54 on Thursday. Columbia Sportswear has a 52-week low of $47.47 and a 52-week high of $92.88. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of 16.18 and a beta of 0.90. The business’s fifty day moving average is $54.73 and its 200-day moving average is $54.65.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings data on Thursday, October 30th. The textile maker reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.16. Columbia Sportswear had a return on equity of 12.45% and a net margin of 5.45%.The business had revenue of $943.43 million during the quarter, compared to the consensus estimate of $917.02 million. During the same period in the prior year, the company earned $1.56 EPS. Columbia Sportswear’s revenue for the quarter was up 1.2% on a year-over-year basis. Columbia Sportswear has set its Q4 2025 guidance at 1.040-1.340 EPS and its FY 2025 guidance at 3.010-3.310 EPS. As a group, research analysts forecast that Columbia Sportswear will post 4.1 EPS for the current fiscal year.

About Columbia Sportswear

Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.

Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.