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

The company’s quarterly revenue was up 3.0% on a year-over-year basis. As a group, analysts expect that Columbia Banking System Inc will post 2.55 earnings per share for the current year. In related news, EVP Andy Mcdonald sold 3,481 shares of Columbia Banking System stock in a transaction dated Tuesday, June 11th.

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.

Columbia Banking System Inc. (COLB) EVP and CFO Gary R Schminkey sells 3,133 Shares, Stocks: COLB, release date:Mar 04, 2011

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President and CEO of Columbia Banking System Inc. (NASDAQ:COLB) Melanie J Dressel sells 3,800 shares of COLB on 02/25/2011 at an average price of $19.62 a share.Columbia Banking System Inc. has a market cap of $754.8 million; its shares were traded at around $19.19 with a P/E ratio of 37.6 and P/S ratio of 3.2.

Columbia Banking System, Inc. is a bank holding company, which engages in the provision of services. Its activities include personal, business, and commercial banking and wealth management services.

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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.

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Shares of Columbia Banking System Inc (NASDAQ:COLB) have been given a consensus rating of "Hold" by the eight research firms that are currently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Royal Bank of Canada set a $38.00 price objective on Columbia Banking System (NASDAQ:COLB) in a research report report published on Friday, TipRanks reports. The brokerage currently has a hold.

In other Columbia Banking System news, EVP Andy Mcdonald sold 3,481 shares of Columbia Banking System stock in a transaction on Tuesday, June 11th. The stock was sold at an average price of $35.06, for a total value of $122,043.86.

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