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

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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.

Columbia Banking System (NASDAQ:COLB) was upgraded by analysts at ValuEngine from a "sell" rating to a "hold" rating in a report issued on Wednesday, ValuEngine reports. A number of other analysts have also recently weighed in on COLB. BidaskClub cut Columbia Banking System from a "buy" rating to a "hold" rating in a research report [.]

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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Today, Columbia Banking System Inc COLB, +0.03% stock was downgraded by DA Davidson from Buy to Neutral. There are 3 buy ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

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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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.

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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