although the dow jones traded higher by more than 200 points on thursday there were a few notable insider trades when insiders purchase shares it indicates their confidence in the companys prospects or that they view the stock as a bargain either way this signals an opportunity to go long on the stock insider purchases should not be taken as the only indicator for making an investment or trading decision at best it can lend conviction to a buying decision below is a look at a few recent notable insider purchases for more check out benzingas insider transactions platform   the trade the childrens place inc director john bachman acquired a total of 2500 shares at an average price of 4883 to acquire these shares it cost around 12208 thousand   what’s happening ubs maintained childrens place with a neutral and lowered the price target from 85 to 60   what childrens place does childrens place inc is a specialty retailer that sells accessories footwear and other items for children the company has over a thousand stores in north america and also sells through its website and wholesale   the trade gamestop corp director lawrence cheng acquired a total of 4000 shares at an average price of 9584 to acquire these shares it cost around 38336 thousand   what’s happening wedbush last week maintained gamestop with an underperform and lowered the price target from 45 to 30   what gamestop does gamestop corp is a us multichannel video game consumer electronics and services retailer the company operates across europe canada australia and the united states don’t forget to check out our premarket coverage here  also check this executives buy more than 12m of 3 stocks   the trade figs inc 10 owner thomas tull bought a total of 6553637 shares at an average price of 1975 to acquire these shares it cost around 501 million   what’s happening barclays earlier during the month maintained figs with an overweight and lowered the price target from 38 to 34   what figs does figs inc is a healthcare apparel company it offers more fitted scrubs for men and women made of its proprietary fabric fionx which provides fourway stretch and has antiodor antiwrinkle and moisturewicking properties   the trade exelon corporation director w paul bowers bought a total of 4500 shares at an average price of 4356 the insider spent around 19602 thousand to buy those shares   what’s happening morgan stanley recently maintained exelon with an overweight and raised the price target from 47 to 50   what exelon does exelon serves approximately 10 million power and gas customers at its six regulated utilities in illinois pennsylvania maryland new jersey delaware and washington dc