Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Lineage Inc shares valued at $101,400 were purchased by Falotico Nancy Joy on Jul 26 ’24. At $78.00 per share, Falotico Nancy Joy acquired 1,300 shares. The insider’s holdings grew to 2,452 shares worth approximately $0.15 million following the completion of this transaction.
Also, Wentworth Lynn A purchased 3,100 shares, netting a total of over 241,800 in proceeds. Following the buying of shares at $78.00 each, the insider now holds 4,910 shares.
Before that, Crisci Robert had added 10,000 shares to its account. In a trade valued at $780,000, the Chief Financial Officer bought Lineage Inc shares for $78.00 each. Upon closing the transaction, the insider’s holdings increased to 10,000 shares, worth approximately $0.6 million.
As published in their initiating research note from Exane BNP Paribas on January 14, 2025, Lineage Inc [LINE] has been a Neutral and the price target has been revised to $61. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of September 18, 2024, CapitalOne has initiated its “an Overweight” rating for LINE. Earlier on September 16, 2024, CapitalOne initiated its rating. Their recommendation was “an Overweight” for LINE stock.
Analyzing LINE Stock Performance
During the last five days, there has been a surge of approximately 10.08%. Over the course of the year, Lineage Inc shares have jumped approximately 2.15%. Nevertheless, trading volume fell to 0.91 million shares from 0.76 million shares the previous day.
Support And Resistance Levels for Lineage Inc (LINE)
According to the 24-hour chart, there is a support level at 58.91, which, if violated, would cause prices to drop to 58.00. In the upper region, resistance lies at 60.71. The next price resistance is at 61.60. RSI (Relative Strength Index) is 53.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.40, which suggests the price will increase in the coming days. Percent R is at 10.72%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
