Columbia Banking System, Inc’s recent filing unveils that its Senior Executive VP Nixon Torran B unloaded Company’s shares for reported $0.12 million on Mar 04 ’25. In the deal valued at $25.99 per share,4,481 shares were sold. As a result of this transaction, Nixon Torran B now holds 104,869 shares worth roughly $2.59 million.
Then, Nixon Torran B bought 4,481 shares, generating $116,461 in total proceeds.
Wells Fargo upgraded its Columbia Banking System, Inc [COLB] rating to an Overweight from a an Equal weight in a research note published on January 06, 2025; the price target was increased to $35 from $33. Wedbush also remained covering COLB and has increased its forecast on September 24, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Barclays started covering the stock on March 08, 2024. It rated COLB as “an Equal weight”.
Price Performance Review of COLB
On Tuesday, Columbia Banking System, Inc [NASDAQ:COLB] saw its stock fall -0.12% to $24.74. Over the last five days, the stock has gained 3.56%. Columbia Banking System, Inc shares have fallen nearly -8.40% since the year began. Nevertheless, the stocks have risen 34.02% over the past one year. While a 52-week high of $32.85 was reached on 01/15/25, a 52-week low of $17.08 was recorded on 03/13/25. SMA at 50 days reached $26.90, while 200 days put it at $25.63.
Levels Of Support And Resistance For COLB Stock
The 24-hour chart illustrates a support level at 24.52, which if violated will result in even more drops to 24.30. On the upside, there is a resistance level at 24.96. A further resistance level may holdings at 25.18. The Relative Strength Index (RSI) on the 14-day chart is 37.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.78%. Stochastics %K at 31.77% indicates the stock is a holding.
How much short interest is there in Columbia Banking System, Inc?
A steep rise in short interest was recorded in Columbia Banking System, Inc stocks on 2025-02-28, growing by 2.02 million shares to a total of 7.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.22 million shares. There was a rise of 27.95%, which implies that there is a positive sentiment for the stock.
