Shares of Columbia Sportswear Co. (NASDAQ:COLM) saw an uptick in trading volume on Wednesday . 372,750 shares traded hands during trading, an increase of 93% from the previous session’s volume of 193,565 shares.The stock last traded at $59.30 and had previously closed at $60.42.

COLM has been the subject of a number of research reports. B. Riley reaffirmed a “neutral” rating and set a $59.00 price target on shares of Columbia Sportswear in a research note on Tuesday, April 26th. Credit Suisse Group AG reaffirmed a “hold” rating on shares of Columbia Sportswear in a research note on Saturday, April 30th. Morgan Stanley reaffirmed a “sell” rating on shares of Columbia Sportswear in a research note on Saturday, April 30th. Brean Capital reaffirmed a “hold” rating on shares of Columbia Sportswear in a research note on Monday, July 18th. Finally, DA Davidson reaffirmed a “buy” rating and set a $72.00 price target on shares of Columbia Sportswear in a research note on Monday, July 18th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $62.44.

The firm has a market capitalization of $4.13 billion and a price-to-earnings ratio of 23.43. The stock’s 50 day moving average is $58.71 and its 200 day moving average is $56.92.

In other Columbia Sportswear news, CAO Peter J. Bragdon sold 5,128 shares of the business’s stock in a transaction that occurred on Wednesday, June 8th. The stock was sold at an average price of $57.95, for a total value of $297,167.60. Following the transaction, the chief accounting officer now directly owns 14,157 shares of the company’s stock, valued at $820,398.15. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ronald E. Nelson sold 2,776 shares of the business’s stock in a transaction that occurred on Wednesday, May 25th. The shares were sold at an average price of $53.20, for a total value of $147,683.20. Following the completion of the transaction, the director now directly owns 3,080 shares in the company, valued at $163,856. The disclosure for this sale can be found here.

A number of institutional investors have modified their holdings of COLM. California State Teachers Retirement System raised its position in shares of Columbia Sportswear by 1.5% in the fourth quarter. California State Teachers Retirement System now owns 53,194 shares of the company’s stock valued at $2,594,000 after buying an additional 788 shares during the period. Rhumbline Advisers increased its stake in Columbia Sportswear by 3.0% in the fourth quarter. Rhumbline Advisers now owns 34,041 shares of the company’s stock valued at $1,660,000 after buying an additional 990 shares in the last quarter. State Board of Administration of Florida Retirement System increased its stake in Columbia Sportswear by 20.1% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 22,121 shares of the company’s stock valued at $1,079,000 after buying an additional 3,697 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Columbia Sportswear by 0.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,111,317 shares of the company’s stock valued at $54,188,000 after buying an additional 7,298 shares in the last quarter. Finally, Sei Investments Co. increased its stake in Columbia Sportswear by 564.1% in the fourth quarter. Sei Investments Co. now owns 46,190 shares of the company’s stock valued at $2,252,000 after buying an additional 39,235 shares in the last quarter.

Columbia Sportswear Company is an apparel and footwear company. The Company designs, sources, markets and distributes outdoor and active lifestyle apparel, footwear, accessories and equipment under the Columbia, Mountain Hardwear, Sorel, prAna and other brands. The Company’s geographic segments are the United States, Latin America and Asia Pacific (LAAP), the Europe, Middle East and Africa (EMEA), and Canada.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.