Columbia Sportswear president, Columbia brand, sells $1.35M shares

Columbia Sportswear president Joseph P. Boyle sold 19,129 shares of the company's common stock, totaling $1.35 million, on November 2, 2026. The shares were sold at prices between $70.17 and $70.81, with a weighted average price of $70.47 per share. Boyle had previously acquired an equal number of shares through employee stock options on the same day, purchasing 14,065 shares at $55.53 per share and an additional 5,064 shares at $57.95 per share, for a combined cost of $1.07 million.

The timing of the sale comes as Columbia Sportswear's stock is nearing its 52-week high of $72.63, having delivered an 11% return over the past week and a 31% increase year-to-date. The company appears undervalued, trading at a P/E ratio of 15.31. Boyle currently holds 2,776,714 shares directly and indirectly owns 209,603 and 19,270 shares through trusts.

Columbia Sportswear reported strong third-quarter 2026 earnings, exceeding analyst expectations with $1.66 in earnings per share on $962.6 million in revenue. UBS recently raised its price target for the stock from $47.00 to $49.00, maintaining a Sell rating due to improving U.S. demand trends.