10 High PE Stocks Insiders Are Buying

2. Lineage, Inc. (NASDAQ:LINE)

Forward P/E ratio: 161.40

Lineage, Inc. (NASDAQ:LINE) is the world’s largest temperature-controlled warehouse REIT, operating over 480 facilities across North America, Europe, and Asia-Pacific, with more than 84 million square feet and approximately 3.0 billion cubic feet of capacity. The company specializes in leveraging advanced cooling and data analytics technology to provide end-to-end cold chain logistics solutions, including warehousing, transportation, and supply chain management, serving a diverse customer base of over 13,000 clients worldwide. LINE ranked fourth on our recent list of 12 Best Warehouse and Self-Storage Stocks to Buy Now.

Lineage, Inc. (NASDAQ:LINE) reported first quarter results reflecting normal seasonality against elevated inventory levels from early 2024, with total revenue down 3%, adjusted EBITDA down 7%, same-store warehouse net operating income (NOI) down 7.9%, but delivering 6% AFFO per share growth. Despite inventory reset challenges, the company maintained strong same-store physical occupancy at 76.5%, though experiencing lower revenue per throughput and occupied pallet due to new business wins at lower rates and customers resetting volume guarantees. The company is maintaining its 2025 guidance with an adjusted EBITDA range of $1,350 to $1,400 million and AFFO per share of $3.40 to $3.60, incorporating contributions from recently announced acquisitions of approximately $25 million in adjusted EBITDA and $0.05 of AFFO per share for the balance of the year.

Lineage, Inc. (NASDAQ:LINE) announced landmark agreements with Tyson Foods, representing approximately $1 billion in total capital deployment, including the acquisition of 4 cold storage warehouses for $247 million and agreements to build two next-generation fully automated facilities. The company continues to demonstrate competitive advantages through its technology-first approach, exemplified by progress on LinOS implementation, which is showing double-digit productivity improvements in pilot facilities. Despite current macroeconomic uncertainties, particularly around tariffs, LINE maintains a strong position with the largest platform, best assets, industry leadership in technology and automation, and the most diversified geographic and customer base of over 13,000 customers. Management maintains confidence in the company’s future, as confirmed by insider buying throughout 2025.