Charles Schwab Investment Management Inc. Lowers Holdings in LanzaTech Global, Inc. (NASDAQ:LNZA)

Charles Schwab Investment Management Inc. lowered its position in shares of LanzaTech Global, Inc. (NASDAQ:LNZA) by 11.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 670,798 shares of the company’s stock after selling 85,754 shares during the period. Charles Schwab Investment Management Inc. owned about 0.34% of LanzaTech Global worth $919,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in LNZA. Intech Investment Management LLC bought a new stake in shares of LanzaTech Global in the 3rd quarter valued at about $29,000. SG Americas Securities LLC boosted its position in LanzaTech Global by 113.7% in the 4th quarter. SG Americas Securities LLC now owns 80,420 shares of the company’s stock worth $110,000 after purchasing an additional 42,792 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in LanzaTech Global by 181.5% in the third quarter. JPMorgan Chase & Co. now owns 135,530 shares of the company’s stock valued at $259,000 after buying an additional 87,392 shares in the last quarter. Barclays PLC boosted its position in LanzaTech Global by 322.3% during the third quarter. Barclays PLC now owns 160,226 shares of the company’s stock worth $306,000 after purchasing an additional 122,289 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its holdings in LanzaTech Global by 8.8% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 227,627 shares of the company’s stock worth $435,000 after acquiring an additional 18,391 shares in the last quarter. 17.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Janney Montgomery Scott lowered LanzaTech Global from a “buy” rating to a “neutral” rating in a report on Thursday, March 13th.

LanzaTech Global Trading Down 23.0 %

LNZA opened at $0.21 on Monday. The business has a fifty day simple moving average of $0.76 and a 200-day simple moving average of $1.26. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 6.64. LanzaTech Global, Inc. has a 52 week low of $0.20 and a 52 week high of $3.41. The firm has a market cap of $42.22 million, a P/E ratio of -0.33 and a beta of 1.32.

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.