Ok, lets look at the insider sells in the last three or four months... Sarah Bany has sold about 45,000 shares... but still owns 3.5M shares. Hardly a bail out. Actually, it seems like a pretty positive signal to me. Sarah was selling a lot more last year where COLM was in the $30s. In fact everything looks pretty much standard divesting of a prudent number of shares.
Yeah, I don't think we'll be seeing COLM tanking anytime soon. We're heading into the home stretch of the retail season, and as a whole the industry looks pretty strong, as sales are strong, and select retailers' shares are breaking out. If so, an outfit like COLM should be putting out some pretty strong numbers, and will be performing well. JMO.