Of New Zealand Super Guardians Buys 860,000 Shares of LanzaTech Global (NASDAQ:LNZA) Stock

LanzaTech Global, Inc. (NASDAQ:LNZA) major shareholder Of New Zealand Super Guardians purchased 860,000 shares of LanzaTech Global stock in a transaction dated Wednesday, January 21st. The stock was acquired at an average price of $5.00 per share, with a total value of $4,300,000.00. Following the acquisition, the insider owned 1,192,634 shares in the company, valued at approximately $5,963,170. This represents a 258.54% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

LanzaTech Global Stock Performance

NASDAQ LNZA opened at $9.16 on Friday. The firm’s 50 day moving average price is $12.60 and its 200-day moving average price is $18.72. LanzaTech Global, Inc. has a 52-week low of $8.42 and a 52-week high of $96.50. The company has a market cap of $21.25 million and a PE ratio of -0.40.

LanzaTech Global (NASDAQ:LNZA) last issued its quarterly earnings data on Wednesday, November 19th. The company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of ($12.42) by $13.41. LanzaTech Global had a negative net margin of 190.24% and a negative return on equity of 78,473.86%. The company had revenue of $9.28 million during the quarter, compared to the consensus estimate of $10.20 million. On average, analysts forecast that LanzaTech Global, Inc. will post -0.66 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

LNZA has been the subject of a number of recent research reports. Wall Street Zen upgraded shares of LanzaTech Global from a “strong sell” rating to a “hold” rating in a report on Saturday, November 22nd. Roth Mkm cut their price objective on shares of LanzaTech Global from $20.00 to $14.00 and set a “neutral” rating on the stock in a research report on Thursday, November 20th. Weiss Ratings reissued a “sell (e+)” rating on shares of LanzaTech Global in a research report on Thursday, January 22nd. Finally, Zacks Research raised shares of LanzaTech Global from a “hold” rating to a “strong-buy” rating in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $14.00.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Qube Research & Technologies Ltd purchased a new stake in LanzaTech Global in the second quarter valued at approximately $27,000. AQR Capital Management LLC lifted its stake in LanzaTech Global by 1,045.1% during the 1st quarter. AQR Capital Management LLC now owns 184,346 shares of the company’s stock valued at $45,000 after acquiring an additional 168,247 shares during the period. XTX Topco Ltd boosted its holdings in shares of LanzaTech Global by 380.5% in the 2nd quarter. XTX Topco Ltd now owns 188,891 shares of the company’s stock valued at $51,000 after acquiring an additional 149,576 shares during the last quarter. SBI Securities Co. Ltd. increased its stake in shares of LanzaTech Global by 77.9% in the second quarter. SBI Securities Co. Ltd. now owns 303,186 shares of the company’s stock worth $82,000 after acquiring an additional 132,792 shares during the period. Finally, Marshall Wace LLP purchased a new position in shares of LanzaTech Global during the second quarter worth $82,000. 17.76% of the stock is currently owned by hedge funds and other institutional investors.

About LanzaTech Global

LanzaTech Global, Inc is a carbon recycling company that specializes in capturing industrial emissions and converting them into sustainable fuels and chemicals through a proprietary gas fermentation process. By utilizing metal- and microbe-catalyzed conversion technologies, the company transforms waste carbon monoxide and carbon dioxide streams from steel mills, refineries, and other industrial sites into ethanol, jet fuel precursors, and other commodity chemicals. These products can be used as drop-in replacements for petrochemicals, helping to reduce greenhouse gas emissions and advance circular economy initiatives.

Founded in 2005 and headquartered in Skokie, Illinois, LanzaTech has developed its platform through research collaborations and commercial demonstration plants.