Co-Executive Chairman Schwartz purchases 74,000 shares of LINE for $2.5M, tripling holdings amid 51.1% decline from 52-week high.
Forste Adam Matthew Schwartz purchased 74,000 shares at $33.83 on 2025-11-10, increasing his holdings to 109.3K shares (a +209.8% increase). The stock has declined 51.1% from its 52-week high of $68.08 and is trading at $33.28 currently, down 16.7% over the past 30 days. Schwartz's prior three trades at Lineage all resulted in negative 90-day returns (-0.5%, -27.3%, -27.9%), with none achieving positive outcomes on that timeframe; his cross-ticker track record similarly shows a 0% win rate at the 90-day mark with average returns of -18.6%. The company reported net income of negative $100.0M and revenue of $1.4B in the latest quarter, with flat annual revenue growth. A cluster pattern is present, with 2 other insiders also buying within the past 14 days, adding context to this transaction in a period of significant stock depreciation and reported unprofitability.