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

EVP and CFO of columbia banking system Inc. (NASDAQ:COLB) Gary R schminkey sells 3,133 shares of COLB on 03/03/2011 at an average price of $19.86 a share. Columbia Banking System Inc. has a market cap of $784.7 million; its shares were traded at around $19.95 with a P/E ratio of 39 and P/S ratio of 3.3.

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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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Columbia Banking System Inc (NASDAQ:COLB) evp andy mcdonald sold 3,481 shares of the business’s stock in a transaction that occurred on Tuesday, June 11th.

Bankrupt Company Stocks Trade for Pennies 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.

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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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.

Insider Trading information for COLB is derived from Forms 3 and 4 filings filed with the U.S. Securities and Exchange Commission (SEC). Please Note: An FPI is exempt of filing insider holdings with.

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 (NASDAQ:COLB) has received a consensus recommendation of "Hold" from the eight ratings firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have assigned a buy recommendation to the company.