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 $1.31 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 $0.13 million.
Scotiabank downgraded its Lineage Inc [LINE] rating to a Sector perform from a a Sector outperform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late March with a ‘”a Neutral”‘ rating. Exane BNP Paribas began covering LINE with “Neutral” recommendation on January 14, 2025. JP Morgan revised its rating on December 20, 2024. It rated LINE as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of LINE
On Friday, Lineage Inc [NASDAQ:LINE] saw its stock jump 2.83% to $53.70. Over the last five days, the stock has lost -1.20%. Lineage Inc shares have fallen nearly -8.31% since the year began.
Levels Of Support And Resistance For LINE Stock
The 24-hour chart illustrates a support level at 51.68, which if violated will result in even more drops to 49.66. On the upside, there is a resistance level at 54.75. A further resistance level may holdings at 55.80. The Relative Strength Index (RSI) on the 14-day chart is 43.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.08%. Stochastics %K at 48.84% 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 2025-03-31, growing by 1.93 million shares to a total of 5.02 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.08 million shares. There was a rise of 38.55%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 18, 2024 when CapitalOne began covering the stock and recommended ‘”an Overweight”‘ rating along with a $91 price target.
