Lineage (NASDAQ:LINE) Coverage Initiated at UBS Group

UBS Group initiated coverage on shares of Lineage (NASDAQ:LINE) in a report published on Monday, Marketbeat Ratings reports. The brokerage issued a neutral rating and a $88.00 price target on the stock.

Lineage Price Performance

Lineage stock opened at $86.46 on Monday. Lineage has a twelve month low of $80.15 and a twelve month high of $89.85.

Insider Buying and Selling at Lineage

In related news, CFO Robert Crisci acquired 10,000 shares of the stock in a transaction dated Friday, July 26th. The stock was acquired at an average cost of $78.00 per share, with a total value of $780,000.00. Following the completion of the transaction, the chief financial officer now owns 10,000 shares in the company, valued at approximately $780,000. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. In other Lineage news, insider Jeffrey Alvarez Rivera bought 600 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The shares were purchased at an average price of $78.00 per share, with a total value of $46,800.00. Following the completion of the acquisition, the insider now directly owns 5,406 shares of the company’s stock, valued at approximately $421,668. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Robert Crisci purchased 10,000 shares of the firm’s stock in a transaction on Friday, July 26th. The shares were acquired at an average cost of $78.00 per share, with a total value of $780,000.00. Following the completion of the acquisition, the chief financial officer now directly owns 10,000 shares in the company, valued at $780,000. The disclosure for this purchase can be found here. Insiders have purchased 12,150 shares of company stock valued at $947,700 in the last quarter. Corporate insiders own 1.40% of the company’s stock.

Lineage Company Profile

Our purpose is to transform the global food supply chain to eliminate waste and help feed the world. Built with the vision of creating a more sustainable future, we are a leading mission-critical, temperature-controlled infrastructure provider for the storage, handling and movement of food around the world.