Elaine D. Crowley, another Director of Stage Stores, bought 10,000 shares at prices ranging from $6.83-to-$6.84, lifting up her position to 20,799 shares. Last but not least, Director Alan J. Barocas grabbed 7,500 shares on Monday at a weighted average price of $6.90 and currently owns a 60,894-share stake. This insider bullishness comes after the department store reported disappointing third quarter financial results, which sent the stock plummeting by more than 25% ( read more details ). The stock is down by 64% for the year, so these insiders are either attempting to put a concerted halt to the recent sell-off or are confident that they will obtain long-term gains from the beaten-down stock. Steve Cohen 's Point72 Asset Management acquired a 210,100-share stake in Stage Stores Inc. (NYSE:SSI) during the September quarter.