Linamar (LNR) has notable insider buying

Linamar (T:LNR)

Dennis Grimm, a Director, acquired 1,400 Common Shares on an indirect ownership basis for registered holder Candice Grimm at a price of $26.630 through the public market on March 18th, 2020. This represents a $37,282 investment into the company's shares and an account share holdings change of greater than 100%.

Linamar Corp is a Canada-based manufacturing company. The Company is engaged in the design, development and production of engineered products. It operates through two segments: Industrial segment and Transportation segment. The segments are divided into five operating groups: Skyjack, Agriculture, Machining & Assembly, Light Metal Casting and Forging. The Company's Skyjack and MacDon companies provide mobile industrial and harvesting equipment, aerial work platforms, telehandlers, draper headers and self-propelled windrowers. The Company's Machining & Assembly, Light Metal Casting and Forging operating groups focus on precision metallic components, modules and systems for powertrain, driveline and body systems designed for global electrified and traditionally powered vehicle and industrial markets. It operates through approximately 60 manufacturing locations in 17 countries in North and South America, Europe and Asia.