Charles Schwab Investment Management Inc. Decreases Stake in LanzaTech Global, Inc. (NASDAQ:LNZA)

Charles Schwab Investment Management Inc. trimmed its stake in shares of LanzaTech Global, Inc. (NASDAQ:LNZA) by 11.3% in the fourth quarter, according to the company in its most recent 13F filing 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.’s holdings in LanzaTech Global were worth $919,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of LNZA. Intech Investment Management LLC acquired a new position in shares of LanzaTech Global in the third quarter valued at approximately $29,000. Healthcare of Ontario Pension Plan Trust Fund boosted its position 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 valued at $435,000 after buying an additional 18,391 shares during the last quarter. State Street Corp increased its holdings in LanzaTech Global by 6.3% during the 3rd quarter. State Street Corp now owns 1,610,965 shares of the company’s stock worth $3,077,000 after purchasing an additional 95,725 shares during the last quarter. Barclays PLC boosted its stake in LanzaTech Global by 322.3% during the 3rd quarter. Barclays PLC now owns 160,226 shares of the company’s stock valued at $306,000 after acquiring an additional 122,289 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in LanzaTech Global by 1.0% in the third quarter. Geode Capital Management LLC now owns 2,237,303 shares of the company’s stock valued at $4,274,000 after buying an additional 23,023 shares during the last quarter. 17.76% of the stock is currently owned by hedge funds and other institutional investors.

LanzaTech Global Stock Down 23.0 %

NASDAQ LNZA opened at $0.21 on Monday. The company has a market capitalization of $42.22 million, a P/E ratio of -0.33 and a beta of 1.32. The company has a debt-to-equity ratio of 6.64, a current ratio of 2.91 and a quick ratio of 2.91. The company’s 50 day simple moving average is $0.76 and its 200 day simple moving average is $1.26. LanzaTech Global, Inc. has a 12 month low of $0.20 and a 12 month high of $3.41.

Analyst Ratings Changes

Separately, Janney Montgomery Scott lowered 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.