Columbia Banking System, Inc’s recently made public 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 $2.56 million.
Then, Nixon Torran B bought 4,481 shares, generating $116,461 in total proceeds.
Wells Fargo downgraded its Columbia Banking System, Inc [COLB] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in late May with a ‘”a Hold”‘ rating. Wells Fargo also remained covering COLB and has increased its forecast on January 06, 2025 with a “an Overweight” recommendation from previously “an Equal weight” rating.
Price Performance Review of COLB
On Tuesday, Columbia Banking System, Inc [NASDAQ:COLB] saw its stock jump 0.70% to $24.38. Over the last five days, the stock has gained 2.31%. Columbia Banking System, Inc shares have risen nearly 3.88% since the year began. Nevertheless, the stocks have fallen -9.74% over the past one year. While a 52-week high of $32.85 was reached on 01/15/25, a 52-week low of $19.61 was recorded on 04/07/25.
Levels Of Support And Resistance For COLB Stock
The 24-hour chart illustrates a support level at 24.15, which if violated will result in even more drops to 23.92. On the upside, there is a resistance level at 24.61. A further resistance level may holdings at 24.84.
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 2025-06-30, growing by 1.4 million shares to a total of 11.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-30 was 10.04 million shares. There was a rise of 12.24%, which implies that there is a positive sentiment for the stock.
