Linamar (LNR) has notable insider net $ buying

Linamar (T:LNR)

Frank Hasenfratz, a Senior Officer, Director and 10% Holder executive, acquired 196,750 Common Shares on a direct ownership basis at a price of $19.320 through an exercise of options on April 8th, 2020. This represents a $3,801,210 investment into the company's shares and an account share holdings change of greater than 100%.

Linda Hasenfratz, CEO and Director, acquired 196,751 Common Shares on a direct ownership basis at a price of $19.320 through an exercise of options on April 8th, 2020. The insider also acquired 2,000 Common Shares on an indirect ownership basis for registered holder Emily Newton in Trust at a price of $32.720 through the public market on April 8th, 2020. The insider also acquired 2,000 Common Shares on an indirect ownership basis for registered holder Katherine Newton in Trust at a price of $32.641 through the public market on April 8th, 2020. The insider also acquired 2,000 Common Shares on an indirect ownership basis for registered holder Olivia Newton in Trust at a price of $32.745 through the public market on April 8th, 2020. The insider also acquired 2,000 Common Shares on an indirect ownership basis for registered holder Thomas Newton in Trust at a price of $32.742 through the public market on April 8th, 2020. This represents a $4,062,926 investment into the company's shares and an account share holdings change of 35.0%.

Csaba Havasi, a Senior Officer, disposed 38,800 Common Shares on a direct ownership basis at prices ranging from $28.950 and $32.487 through the public market between April 6th, 2020 and April 8th, 2020. This represents a $1,178,873 divestment of the company's shares and an account share holdings change of -24.1%.

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.