Somewhat Positive News Coverage Somewhat Unlikely to Impact Columbia Financial (CLBK) Share Price

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News coverage about Columbia Financial (NASDAQ:CLBK) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Columbia Financial earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.0552652613101 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

CLBK remained flat at $$16.90 during trading on Friday. The company had a trading volume of 12,681 shares, compared to its average volume of 100,576. Columbia Financial has a twelve month low of $15.30 and a twelve month high of $17.73.

Columbia Financial (NASDAQ:CLBK) last issued its quarterly earnings data on Friday, July 27th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. The company had revenue of $46.43 million for the quarter.

Separately, Sandler O’Neill began coverage on Columbia Financial in a research report on Monday, June 11th. They set a “hold” rating and a $18.00 price target on the stock.

In other Columbia Financial news, Director John R. Salvetti bought 2,000 shares of the firm’s stock in a transaction on Tuesday, August 14th. The shares were acquired at an average cost of $16.94 per share, for a total transaction of $33,880.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Henry Kuiken bought 25,400 shares of the firm’s stock in a transaction on Wednesday, August 29th. The stock was acquired at an average price of $16.91 per share, for a total transaction of $429,514.00. The disclosure for this purchase can be found here. Insiders have purchased a total of 30,400 shares of company stock worth $513,224 in the last three months.

About Columbia Financial

Columbia Financial, Inc operates as a bank holding company for Columbia Bank that provides banking products and services in the United States. The company offers non-interest bearing demand deposits, such as individual checking and commercial checking accounts; interest-bearing demand accounts comprising interest checking accounts and municipal accounts; and savings accounts, money market accounts, and certificates of deposit.

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Insider Buying and Selling by Quarter for Columbia Financial (NASDAQ:CLBK)

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