374Water Inc. (NASDAQ:SCWO) Major Shareholder Sells $47,219.48 in Stock

374Water Inc. (NASDAQ:SCWO) major shareholder Yaacov Nagar sold 30,662 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $1.54, for a total transaction of $47,219.48. Following the completion of the sale, the insider now directly owns 37,163,258 shares of the company’s stock, valued at $57,231,417.32. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Friday, November 8th, Yaacov Nagar sold 13,771 shares of 374Water stock. The stock was sold at an average price of $1.62, for a total transaction of $22,309.02.
• On Monday, November 4th, Yaacov Nagar sold 37,832 shares of 374Water stock. The stock was sold at an average price of $1.41, for a total value of $53,343.12.
• On Thursday, October 31st, Yaacov Nagar sold 462 shares of 374Water stock. The stock was 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 shares were sold at an average price of $1.77, for a total value of $78,865.89.

374Water Trading Down 2.0 %

SCWO stock traded down $0.03 during trading on Tuesday, hitting $1.48. 62,385 shares of the company’s stock were exchanged, compared to its average volume of 122,874. The stock has a market capitalization of $196.43 million, a price-to-earnings ratio of -21.57 and a beta of -0.36. 374Water Inc. has a 52-week low of $0.83 and a 52-week high of $2.09. The business has a 50-day moving average price of $1.51 and a two-hundred day moving average price of $1.31.

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

Institutional Investors Weigh In On 374Water

A number of large investors have recently modified their holdings of SCWO. Vanguard Group Inc. lifted its holdings in shares of 374Water by 13.3% in the 1st 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 last quarter. Privium Fund Management B.V. acquired a new stake in shares of 374Water in the second quarter worth $33,000. SG Americas Securities LLC acquired a new stake in shares of 374Water in the third quarter worth $30,000. Compass Ion Advisors LLC boosted its position in 374Water by 26.4% during the third quarter. Compass Ion Advisors LLC now owns 101,647 shares of the company’s stock valued at $138,000 after purchasing an additional 21,212 shares during the last quarter. Finally, 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 purchasing an additional 9,000 shares during the last quarter. Institutional investors and hedge funds own 12.16% of the company’s stock.

374Water Company Profile

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.