Linamar (LNR) has notable insider buying

Linamar (T:LNR)

Linamar Corporation (LNR) has a high amount of executive buying compared to its mid-cap peers over the past three months. Linda Hasenfratz, CEO and Director, acquired 50,000 Common Shares on a direct ownership basis at a price of $67.820 through the public market on December 14th, 2020. This represents a $3,391,000 investment into the company's shares and an account share holdings change of 33.3%.

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.