Bombardier (BBD) has notable insider buying

Bombardier (T:BBD)

Bombardier Inc. (BBD) has below median officer and director direct ownership compared to its mid-cap peers in the market, based on our estimate using SEDI data. Laurent René Octave Troger, a Senior Officer, acquired 54,760 Subordinate Voting Shares Classe B/ Class B Shares ( Subordinate Voting) on a direct ownership basis at a price of $2.080 through an exercise of rights on May 5th, 2017. This represents a $113,901 investment into the company's shares and an account share holdings change of 42.0%.

Bombardier Inc is a Canada-based manufacturer of both planes and trains. It operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment is engaged in the design, manufacture and aftermarket support for three families of business jets (Learjet, Challenger and Global). The Commercial Aircraft segment manufactures a portfolio of commercial aircraft in the 60- to 150-seat categories, including the Q400 turboprops, the CRJ Series family of regional jets, as well as the all-new C Series mainline jets. The Aerostructures and Engineering Services segment designs and manufactures aircraft structural components, such as engine nacelles, fuselages and wings. The Transportation segment offers a portfolio of products and services in the rail industry, covering the full spectrum of rail solutions, ranging from trains to sub-systems, services, system integration, signaling and e-mobility solutions.