374Water Inc. (NASDAQ:SCWO) Major Shareholder Yaacov Nagar Sells 37,832 Shares of Stock

374Water Inc. (NASDAQ:SCWO) major shareholder Yaacov Nagar sold 37,832 shares of the firm’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $1.41, for a total transaction of $53,343.12. Following the transaction, the insider now directly owns 37,499,420 shares of the company’s stock, valued at $52,874,182.20. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Yaacov Nagar also recently made the following trade(s):

• On Thursday, October 31st, Yaacov Nagar sold 462 shares of 374Water stock. The shares were sold at an average price of $1.63, for a total value of $753.06.
• On Tuesday, October 29th, Yaacov Nagar sold 44,557 shares of 374Water stock. The stock was sold at an average price of $1.77, for a total value of $78,865.89.

374Water Trading Up 8.8 %

Shares of SCWO stock opened at $1.61 on Thursday. The stock has a 50-day moving average of $1.48 and a 200-day moving average of $1.31. The stock has a market cap of $213.70 million, a price-to-earnings ratio of -23.00 and a beta of -0.36. 374Water Inc. has a 1-year low of $0.83 and a 1-year high of $2.09.

374Water (NASDAQ:SCWO) last released its earnings results on Thursday, August 15th. The company reported ($0.02) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.02). The firm had revenue of $0.04 million for the quarter.

Hedge Funds Weigh In On 374Water

A number of hedge funds have recently bought and sold shares of the company. Sigma Planning Corp boosted its position in 374Water by 7.1% during the third quarter. Sigma Planning Corp now owns 135,193 shares of the company’s stock valued at $184,000 after acquiring an additional 9,000 shares during the last quarter. Compass Ion Advisors LLC raised its position in shares of 374Water by 26.4% in the 3rd quarter. Compass Ion Advisors LLC now owns 101,647 shares of the company’s stock worth $138,000 after acquiring an additional 21,212 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of 374Water in the 3rd quarter valued at about $30,000. Privium Fund Management B.V. bought a new stake in shares of 374Water during the 2nd quarter valued at about $33,000. Finally, Vanguard Group Inc. grew its stake in 374Water by 13.3% during the first quarter. Vanguard Group Inc. now owns 3,382,249 shares of the company’s stock worth $4,262,000 after purchasing an additional 396,756 shares during the period. Institutional investors own 12.16% of the company’s stock.

About 374Water

374Water Inc provides a technology that transforms wet wastes into recoverable resources in the United States. The company transforms wet wastes, including sewage sludge, biosolids, food waste, hazardous and non-hazardous waste, and forever chemicals. It offers AirSCWO systems, a waste stream treatment system based on supercritical water oxidation that are used to treat various hazardous and non-hazardous waste streams.