Public market insider selling at Linamar (LNR)

Public market insider selling at Linamar (T:LNR)

Mark Stoddart, a Senior Officer and Director, disposed of 18,225 Common Shares on an indirect ownership basis for registered holder Nancy Stoddart - Wife at a price of $78.750 on January 7th, 2022. This represents a $1,435,219 divestment of the company's shares and an account share holdings change of -2.7%.

Linamar is in the Auto, Truck & Motorcycle Parts Sub Industry Group under the Consumer Cyclicals Sector.

Linamar Corporation is a Canada-based manufacturing company. The Company is engaged in providing manufacturing solutions and developing engineered products. It operates under two segments, namely the Industrial segment and the Mobility segment. The Industrial segment is consists of Skyjack and MacDon. Skyjack manufactures scissor, boom and telehandler lifts for the aerial work platform industry. MacDon manufactures combine draper headers and self-propelled windrowers for the agricultural harvesting industry. The Mobility segment is subdivided into three regional groups: North America, Europe, and Asia Pacific. Within the Mobility segment, the regional groups are vertically integrated operations, which is engaged in light metal casting, forging, machining and assembly for on and off highway vehicle markets. The Mobility segment products are focused on both systems and components for new energy powertrains, body and chassis, driveline, engine, and transmission systems of these vehicles. Linamar Corporation (LNR) has a high amount of executive buying compared to its large-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has divested a net amount of $1,435,219.