Jane Street Group LLC Has $92,000 Stock Position in LanzaTech Global, Inc. (NASDAQ:LNZA)

Jane Street Group LLC lessened its holdings in LanzaTech Global, Inc. (NASDAQ:LNZA) by 23.2% in the 3rd quarter, Holdings Channel reports. The firm owned 48,351 shares of the company’s stock after selling 14,636 shares during the quarter. Jane Street Group LLC’s holdings in LanzaTech Global were worth $92,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of LNZA. XTX Topco Ltd bought a new position in LanzaTech Global during the second quarter valued at about $26,000. Principal Financial Group Inc. acquired a new position in shares of LanzaTech Global during the 2nd quarter valued at about $28,000. Intech Investment Management LLC acquired a new position in shares of LanzaTech Global during the 3rd quarter valued at about $29,000. SG Americas Securities LLC bought a new position in shares of LanzaTech Global in the 3rd quarter valued at approximately $72,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in LanzaTech Global in the 2nd quarter worth approximately $92,000. 17.76% of the stock is currently owned by institutional investors.

LanzaTech Global Stock Up 0.3 %

LNZA stock opened at $1.48 on Wednesday. The stock has a market capitalization of $292.69 million, a price-to-earnings ratio of -2.28 and a beta of 1.35. The company has a 50-day moving average of $1.32 and a two-hundred day moving average of $1.57. LanzaTech Global, Inc. has a 52-week low of $0.84 and a 52-week high of $5.01. The company has a debt-to-equity ratio of 6.64, a current ratio of 2.91 and a quick ratio of 2.91.

LanzaTech Global (NASDAQ:LNZA) last posted its quarterly earnings data on Friday, November 8th. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.16). LanzaTech Global had a negative net margin of 223.03% and a negative return on equity of 180.10%. The business had revenue of $9.94 million during the quarter, compared to the consensus estimate of $17.87 million. During the same period in the prior year, the company posted ($0.13) earnings per share. As a group, equities research analysts anticipate that LanzaTech Global, Inc. will post -0.63 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, TD Cowen lowered their price target on LanzaTech Global from $3.00 to $2.00 and set a “hold” rating on the stock in a report on Monday, November 11th.

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.