Key Points
- Major shareholder Of New Zealand Super Guardians bought 860,000 shares of LanzaTech at an average price of $5.00 (about $4.3M), increasing its stake to 1,192,634 shares — a 258.5% rise — per an SEC filing.
- LanzaTech is a small, volatile company (market capitalization ~$21.3 million; 52-week range $8.42–$106) with negative profitability metrics, despite reporting a surprising $0.99 EPS that beat estimates while revenue slightly missed consensus.
- Analyst views are mixed — the consensus rating is "Hold" with a consensus target price of $14, and recent research notes range from "Strong Buy" to "Sell."
LanzaTech Global, Inc. (NASDAQ:LNZA - Get Free Report) major shareholder Of New Zealand Super Guardians purchased 860,000 shares of LanzaTech Global stock in a transaction on Wednesday, January 21st. The stock was bought at an average price of $5.00 per share, for a total transaction of $4,300,000.00. Following the completion of the acquisition, the insider owned 1,192,634 shares in the company, valued at $5,963,170. The trade was a 258.54% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
LanzaTech Global Stock Up 1.4%
LNZA stock opened at $9.17 on Thursday. The company has a fifty day simple moving average of $12.74 and a two-hundred day simple moving average of $18.79. LanzaTech Global, Inc. has a 52 week low of $8.42 and a 52 week high of $106.00. The firm has a market capitalization of $21.28 million and a P/E ratio of -0.40.
LanzaTech Global (NASDAQ:LNZA - Get Free Report) last announced its earnings results on Wednesday, November 19th. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $9.28 million for the quarter, compared to the consensus estimate of $10.20 million. As a group, analysts anticipate that LanzaTech Global, Inc. will post -0.66 EPS for the current year.
Analyst Upgrades and Downgrades
LNZA has been the topic of a number of recent research reports. Roth Mkm dropped their price objective on LanzaTech Global from $20.00 to $14.00 and set a "neutral" rating on the stock in a research report on Thursday, November 20th. Wall Street Zen raised LanzaTech Global from a "strong sell" rating to a "hold" rating in a report on Saturday, November 22nd. Weiss Ratings restated a "sell (e+)" rating on shares of LanzaTech Global in a research report on Thursday, January 22nd. Finally, Zacks Research raised LanzaTech Global from a "hold" rating to a "strong-buy" rating in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $14.00.
Read Our Latest Report on LanzaTech Global
Hedge Funds Weigh In On LanzaTech Global
Hedge funds have recently bought and sold shares of the company. DRW Securities LLC purchased a new position in LanzaTech Global in the 4th quarter valued at approximately $160,000. Qube Research & Technologies Ltd acquired a new stake in shares of LanzaTech Global during the 2nd quarter worth about $27,000. AQR Capital Management LLC lifted its position in shares of LanzaTech Global by 1,045.1% during the 1st quarter. AQR Capital Management LLC now owns 184,346 shares of the company's stock worth $45,000 after buying an additional 168,247 shares during the last quarter. XTX Topco Ltd boosted its stake in LanzaTech Global by 380.5% in the second 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 in the last quarter. Finally, SBI Securities Co. Ltd. boosted its position in shares of LanzaTech Global by 77.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 303,186 shares of the company's stock valued at $82,000 after purchasing an additional 132,792 shares during the period. Institutional investors and hedge funds own 17.76% of the company's stock.
LanzaTech Global Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
