15,101 Shares in LanzaTech Global, Inc. (NASDAQ:LNZA) Purchased by Principal Financial Group Inc.

Principal Financial Group Inc. acquired a new position in LanzaTech Global, Inc. (NASDAQ:LNZA) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 15,101 shares of the company’s stock, valued at approximately $28,000.

Several other large investors also recently bought and sold shares of LNZA. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in LanzaTech Global in the 4th quarter worth approximately $201,000. IQ EQ FUND MANAGEMENT IRELAND Ltd purchased a new position in LanzaTech Global during the second quarter worth approximately $251,000. Green Alpha Advisors LLC lifted its position in LanzaTech Global by 3.2% during the first quarter. Green Alpha Advisors LLC now owns 119,559 shares of the company’s stock worth $370,000 after buying an additional 3,687 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in LanzaTech Global by 433.7% during the second quarter. Bank of New York Mellon Corp now owns 312,021 shares of the company’s stock worth $577,000 after buying an additional 253,562 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its holdings in LanzaTech Global by 14.4% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 207,940 shares of the company’s stock valued at $644,000 after buying an additional 26,097 shares in the last quarter. 17.76% of the stock is currently owned by hedge funds and other institutional investors.

LanzaTech Global Stock Down 1.3 %

LNZA stock opened at $1.53 on Tuesday. LanzaTech Global, Inc. has a one year low of $1.16 and a one year high of $8.70. The firm has a market cap of $302.52 million, a PE ratio of -3.12 and a beta of 1.53. The firm’s 50 day moving average price is $1.63 and its 200-day moving average price is $2.26. The company has a debt-to-equity ratio of 0.43, a quick ratio of 4.40 and a current ratio of 4.40.

LanzaTech Global (NASDAQ:LNZA) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.02). LanzaTech Global had a negative return on equity of 96.75% and a negative net margin of 143.76%. The firm had revenue of $17.38 million for the quarter, compared to analysts’ expectations of $14.68 million. During the same quarter in the prior year, the business earned ($0.14) earnings per share. On average, equities research analysts anticipate that LanzaTech Global, Inc. will post -0.46 EPS for the current year.

About LanzaTech Global

LanzaTech Global, Inc operates as a nature-based carbon refining company in the United States and internationally. The company transforms waste carbon into the chemical building blocks for consumer goods, such as sustainable fuels, fabrics, and packaging. It is also developing biocatalysts and processes to produce a suite of additional products utilizing novel biocatalysts, including acetone and isopropanol (IPA) and industrial solvents used in various applications, including production of polymers from IPA.