Lineage Inc’s recently made public that its CO-EXECUTIVE CHAIRMAN Forste Adam Matthew Schwartz acquired Company’s shares for reported $1.47 million on Feb 28 ’25. In the deal valued at $60.50 per share,24,317 shares were bought. As a result of this transaction, Forste Adam Matthew Schwartz now holds 24,317 shares worth roughly $1.42 million.
Then, Marchetti Kevin Patrick bought 16,233 shares, generating $982,229 in total proceeds. Upon buying the shares at $60.51, the CO-EXECUTIVE CHAIRMAN now owns 16,233 shares.
Before that, Falotico Nancy Joy bought 1,300 shares. Lineage Inc shares valued at $101,400 were divested by the Director at a price of $78.00 per share. As a result of the transaction, Falotico Nancy Joy now holds 2,452 shares, worth roughly $0.14 million.
Exane BNP Paribas initiated its Lineage Inc [LINE] rating to a Neutral in a research note published on January 14, 2025; the price target was $61. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid December from “an Overweight” to “a Neutral”. CapitalOne began covering LINE with “an Overweight” recommendation on September 18, 2024. CapitalOne started covering the stock on September 16, 2024. It rated LINE as “an Overweight”.
Price Performance Review of LINE
On Friday, Lineage Inc [NASDAQ:LINE] saw its stock fall -3.15% to $58.40. Over the last five days, the stock has lost -0.24%. Lineage Inc shares have fallen nearly -0.29% since the year began.
Levels Of Support And Resistance For LINE Stock
The 24-hour chart illustrates a support level at 57.55, which if violated will result in even more drops to 56.70. On the upside, there is a resistance level at 59.87. A further resistance level may holdings at 61.34. The Relative Strength Index (RSI) on the 14-day chart is 47.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.46%. Stochastics %K at 57.26% indicates the stock is a holding.
How much short interest is there in Lineage Inc?
A steep rise in short interest was recorded in Lineage Inc stocks on 2025-02-28, dropping by -0.78 million shares to a total of 3.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.86 million shares. There was a decline of -25.2%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 19, 2024 when Wells Fargo began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $86 price target.
