Rep. Josh Gottheimer Sells Off Shares of Columbia Banking System, Inc. (NASDAQ:COLB)

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Columbia Banking System, Inc. (NASDAQ:COLB). In a filing disclosed on April 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Columbia Banking System stock on March 5th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Fabrinet (NYSE:FN) on 3/24/2026.
• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 3/24/2026.
• Sold $1,001 – $15,000 in shares of ENN Energy (OTCMKTS:XNGSY) on 3/24/2026.
• Sold $1,001 – $15,000 in shares of Infineon Technologies (OTCMKTS:IFNNY) on 3/12/2026.
• Sold $1,001 – $15,000 in shares of HDFC Bank (NYSE:HDB) on 3/12/2026.
• Sold $1,001 – $15,000 in shares of La-Z-Boy (NYSE:LZB) on 3/12/2026.
• Sold $1,001 – $15,000 in shares of Alcon (NYSE:ALC) on 3/12/2026.
• Sold $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/10/2026.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 3/6/2026.

Columbia Banking System Stock Up 0.1%

COLB stock traded up $0.02 during trading on Monday, hitting $28.98. 1,801,213 shares of the company’s stock traded hands, compared to its average volume of 2,956,080. Columbia Banking System, Inc. has a 52 week low of $20.75 and a 52 week high of $32.70. The stock has a fifty day moving average price of $28.86 and a two-hundred day moving average price of $27.97. The stock has a market capitalization of $8.40 billion, a price-to-earnings ratio of 12.81 and a beta of 0.61.

Columbia Banking System (NASDAQ:COLB) last released its earnings results on Thursday, January 22nd. The financial services provider reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.10. Columbia Banking System had a net margin of 17.11% and a return on equity of 11.40%. The firm had revenue of $715.00 million during the quarter, compared to analyst estimates of $693.23 million. During the same quarter in the previous year, the firm earned $0.71 earnings per share. As a group, equities research analysts expect that Columbia Banking System, Inc. will post 2.71 EPS for the current fiscal year.

Columbia Banking System Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were paid a dividend of $0.37 per share. The ex-dividend date was Friday, February 27th. This represents a $1.48 annualized dividend and a yield of 5.1%. Columbia Banking System’s payout ratio is presently 65.49%.

Insider Transactions at Columbia Banking System

In other Columbia Banking System news, VP Torran B. Nixon sold 2,240 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $28.85, for a total transaction of $64,624.00. Following the sale, the vice president owned 98,229 shares in the company, valued at approximately $2,833,906.65. The trade was a 2.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven R. Gardner sold 13,725 shares of the business’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $29.43, for a total value of $403,926.75. The SEC filing for this sale provides additional information. Insiders sold a total of 19,354 shares of company stock valued at $561,971 over the last three months. 0.57% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Columbia Banking System

Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in Columbia Banking System by 41.3% in the 3rd quarter. Vanguard Group Inc. now owns 29,851,392 shares of the financial services provider’s stock valued at $768,375,000 after acquiring an additional 8,730,937 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Columbia Banking System by 135.2% in the 3rd quarter. Wellington Management Group LLP now owns 13,782,222 shares of the financial services provider’s stock valued at $354,754,000 after acquiring an additional 7,921,303 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Columbia Banking System by 68.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 13,116,339 shares of the financial services provider’s stock valued at $337,611,000 after acquiring an additional 5,313,883 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Columbia Banking System by 140.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,666,769 shares of the financial services provider’s stock valued at $242,237,000 after acquiring an additional 5,063,212 shares during the last quarter. Finally, HoldCo Asset Management LP acquired a new stake in Columbia Banking System in the 2nd quarter valued at about $104,819,000. Institutional investors and hedge funds own 92.53% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Barclays reduced their price target on shares of Columbia Banking System from $30.00 to $29.00 and set an “equal weight” rating for the company in a report on Tuesday, April 7th. Wells Fargo & Company boosted their price target on shares of Columbia Banking System from $28.00 to $30.00 and gave the company an “equal weight” rating in a report on Monday, March 30th. Stephens boosted their price target on shares of Columbia Banking System from $35.00 to $37.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. Weiss Ratings raised shares of Columbia Banking System from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, April 1st. Finally, JPMorgan Chase & Co. reduced their price target on shares of Columbia Banking System from $34.00 to $31.00 and set a “neutral” rating for the company in a report on Wednesday, April 1st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $31.58.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Columbia Banking System Company Profile

Columbia Banking System, Inc is a bank holding company that operates through its principal subsidiary, Columbia State Bank. Headquartered in Tacoma, Washington, the company provides a full range of banking and financial services to commercial, small business and consumer customers. Its branch network is concentrated in the Pacific Northwest, with locations across Washington, Oregon and Idaho, where it aims to combine local decision-making with the resources of a larger institution.

The company’s offerings include commercial real estate lending, construction and development financing, equipment and small business loans, and deposit products such as checking, savings and money market accounts.