SBI Securities Co. Ltd. Acquires 132,792 Shares of LanzaTech Global, Inc. $LNZA

SBI Securities Co. Ltd. lifted its holdings in LanzaTech Global, Inc. (NASDAQ:LNZA) by 77.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 303,186 shares of the company’s stock after buying an additional 132,792 shares during the quarter. SBI Securities Co. Ltd.’s holdings in LanzaTech Global were worth $82,000 as of its most recent SEC filing.

Separately, AQR Capital Management LLC grew its holdings in LanzaTech Global by 1,045.1% in the first quarter. AQR Capital Management LLC now owns 184,346 shares of the company’s stock worth $45,000 after purchasing an additional 168,247 shares during the period. 17.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Zacks Research lowered shares of LanzaTech Global from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 5th. Weiss Ratings reissued a “sell (e+)” rating on shares of LanzaTech Global in a report on Wednesday, October 8th. Finally, Wall Street Zen downgraded LanzaTech Global from a “hold” rating to a “strong sell” rating in a report on Friday, August 22nd. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, LanzaTech Global presently has an average rating of “Reduce”.

LanzaTech Global Trading Down 17.9%

LNZA stock opened at $13.38 on Tuesday. The stock’s 50 day simple moving average is $22.36 and its 200 day simple moving average is $26.45. LanzaTech Global, Inc. has a 12-month low of $13.00 and a 12-month high of $274.00. The stock has a market capitalization of $31.04 million and a PE ratio of -0.25.

LanzaTech Global Company Profile

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.