Bombardier (BBD) has notable insider buying

Bombardier (T:BBD)

Bombardier Inc. (BBD) has a high amount of executive buying compared to its large-cap peers over the past three months. According to regulatory filings yesterday, two insiders have invested a total amount of $50,016.François Caza, a Senior Officer, acquired 3,894 Subordinate Voting Shares Classe B/ Class B Shares ( Subordinate Voting) on a direct ownership basis at a price of $2.600 through an exercise of rights on August 7th, 2017. This represents a $10,124 investment into the company's shares and an account share holdings change of 18.2%.

Michael Ryan, a Senior Officer, acquired 15,343 Subordinate Voting Shares Classe B/ Class B Shares ( Subordinate Voting) on a direct ownership basis at a price of $2.600 through an exercise of rights on August 7th, 2017. This represents a $39,892 investment into the company's shares and an account share holdings change of 22.6%.

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.