338,347 Shares in LanzaTech Global, Inc. (NASDAQ:LNZA) Acquired by DnB Asset Management AS

DnB Asset Management AS bought a new stake in shares of LanzaTech Global, Inc. (NASDAQ:LNZA) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 338,347 shares of the company’s stock, valued at approximately $467,000. DnB Asset Management AS owned approximately 0.17% of LanzaTech Global at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Intech Investment Management LLC acquired a new stake in LanzaTech Global in the third quarter valued at approximately $29,000. SG Americas Securities LLC raised its stake in LanzaTech Global by 113.7% in the fourth quarter. SG Americas Securities LLC now owns 80,420 shares of the company’s stock valued at $110,000 after buying an additional 42,792 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of LanzaTech Global by 181.5% during the third quarter. JPMorgan Chase & Co. now owns 135,530 shares of the company’s stock valued at $259,000 after acquiring an additional 87,392 shares in the last quarter. Barclays PLC raised its position in shares of LanzaTech Global by 322.3% in the 3rd quarter. Barclays PLC now owns 160,226 shares of the company’s stock valued at $306,000 after purchasing an additional 122,289 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in LanzaTech Global by 3.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 756,552 shares of the company’s stock worth $1,445,000 after purchasing an additional 25,629 shares in the last quarter. 17.76% of the stock is currently owned by hedge funds and other institutional investors.

LanzaTech Global Stock Down 8.3 %

Shares of LNZA stock opened at $0.28 on Thursday. LanzaTech Global, Inc. has a fifty-two week low of $0.20 and a fifty-two week high of $3.41. The firm has a market capitalization of $55.47 million, a PE ratio of -0.43 and a beta of 1.32. The company has a debt-to-equity ratio of 6.64, a quick ratio of 2.91 and a current ratio of 2.91. The stock’s 50-day simple moving average is $0.69 and its 200-day simple moving average is $1.23.

Wall Street Analyst Weigh In

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

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.