Andy Mcdonald Sells 3,481 Shares of Columbia Banking System Inc (NASDAQ:COLB) Stock

Andy Mcdonald Sells 3,481 Shares of Columbia Banking System Inc (nasdaq:colb) stock columbia banking System (NASDAQ:COLB) has been given a $38.00 price target by Royal Bank of Canada in a report issued on Friday, TipRanks reports. The brokerage presently has a "hold" rating on the financial services provider’s stock.

The EVP & COO of columbia banking system (colb) is Selling Shares Today, the EVP & COO of Columbia Banking System (COLB), Andy Mcdonald, sold shares of COLB for $122K.

In other Columbia Banking System news, evp andy mcdonald sold 3,481 shares of the stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of $35.06.

Columbia Banking System Inc (NASDAQ:COLB) announced a quarterly dividend on Thursday, July 25th, NASDAQ reports. Stockholders of record on Wednesday, August 7th will be given a dividend of 0.28 per share by the financial services provider on Wednesday, August 21st. This represents a $1.12 annualized dividend and a dividend yield of 3.14%.

Columbia Banking System (NASDAQ:COLB) was upgraded by Zacks Investment Research from a "sell" rating to a "hold" rating in a report released on Wednesday, Zacks.com reports. According to Zacks, "Columbia Banking System, Inc. is a registered bank holding company whose wholly owned subsidiary, Columbia State Bank,conducts a full-service commercial banking business.

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Columbia Banking System Inc (NASDAQ:COLB) EVP Andy Mcdonald sold 3,481 shares of Columbia Banking System stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $35.06, for a total transaction of $122,043.86.

Naples Global Advisors LLC boosted its position in shares of Columbia Banking System Inc (NASDAQ:COLB) by 10.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,822 shares of the financial services provider’s stock after buying an additional 2,300 shares during the quarter.

Keeley Teton Advisors LLC lessened its stake in Columbia Banking System Inc (NASDAQ:COLB) by 14.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 232,892 shares of the financial services provider’s stock after selling 40,268 shares during the quarter.

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