The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Lineage Inc shares valued at $1,471,144 were purchased by Forste Adam Matthew Schwartz on Feb 28 ’25. At $60.50 per share, Forste Adam Matthew Schwartz acquired 24,317 shares. The insider’s holdings grew to 24,317 shares worth approximately $1.48 million following the completion of this transaction.
Also, Marchetti Kevin Patrick purchased 16,233 shares, netting a total of over 982,229 in proceeds. Following the buying of shares at $60.51 each, the insider now holds 16,233 shares.
Before that, Falotico Nancy Joy had added 1,300 shares to its account. In a trade valued at $101,400, the Director bought Lineage Inc shares for $78.00 each. Upon closing the transaction, the insider’s holdings increased to 1,300 shares, worth approximately $0.15 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 2.25%. Over the course of the year, Lineage Inc shares have jumped approximately 4.15%.
Support And Resistance Levels for Lineage Inc (LINE)
According to the 24-hour chart, there is a support level at 60.25, which, if violated, would cause prices to drop to 59.49. In the upper region, resistance lies at 61.82. The next price resistance is at 62.63. RSI (Relative Strength Index) is 63.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.45, which suggests the price will increase in the coming days. Percent R is at 10.05%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
