Columbia Sportswear Company (COLM) : Fridays money flow data in Columbia Sportswear Company (COLM) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $3.36 million, whereas, $2.63 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.28, in favor of the bulls. The total money flow into the stock was $0.74 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $0 million. The total value of block trades done on upticks was $0 million. Columbia Sportswear Company (COLM) fell $0.39 and traded at $56.64, down -0.68% for the day, over previous days close. On a weekly basis, the shares are -0.59% over the previous weeks close.
The company Insiders own 62.12% of Columbia Sportswear Company shares according to the proxy statements. Institutional Investors own 36.95% of Columbia Sportswear Company shares. During last six month period, the net percent change held by insiders has seen a change of -47.4%.
In a related news,The officer (EVP/CAO, Gen. Counsel & Sec.) of Columbia Sportswear Co, Bragdon Peter J sold 10,000 shares at $58.95 on June 20, 2016. The Insider selling transaction had a total value worth of $589,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Columbia Sportswear Company (NASDAQ:COLM): stock was range-bound between the intraday low of $56.135 and the intraday high of $57 after having opened at $57 on Fridays session. The stock finally closed in the red at $57, a loss of -0.25%. The stock remained in the red for the whole trading day. The total traded volume was 365,085 shares. The stock failed to cross $57 in Fridays trading. The stocks closing price on Thursday was $57.02.
Columbia Sportswear Company (COLM) has risen sharply, recording gains of 4.23% in the past 4 weeks. However, the stock has corrected -0.16% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 4.37% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Columbia Sportswear Company is a hat distributor. The Company designs, sources, markets and distributes outdoor and active lifestyle apparel, footwear, accessories and equipment under the Columbia, Mountain Hardwear, Sorel, prAna and Montrail brands. It offers products, including outerwear, sportswear, footwear, accessories and equipment for a variety of activities and consumers. Its other brands include Montrail brand, OutDry brand and Pacific Trail brand. It develops and manages its merchandise in two categories: apparel, accessories and equipment, and footwear. Its apparel, accessories and equipment are designed to use in a variety of outdoor activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, trail running, water sports and adventure travel. Its footwear products include durable, lightweight hiking boots, trail running shoes, rugged cold weather boots and casual shoes. It operates in North America, Europe, Japan, Korea and China.