374Water Inc. (NASDAQ:SCWO) Major Shareholder Sells 19,772 Shares

374Water Inc. (NASDAQ:SCWO) major shareholder Yaacov Nagar sold 19,772 shares of the stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $0.59, for a total value of $11,665.48. Following the completion of the sale, the insider now directly owns 36,805,720 shares of the company’s stock, valued at approximately $21,715,374.80. This represents a 0.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

• On Thursday, January 16th, Yaacov Nagar sold 300 shares of 374Water stock. The stock was sold at an average price of $0.63, for a total transaction of $189.00.
• On Tuesday, January 14th, Yaacov Nagar sold 61,268 shares of 374Water stock. The shares were sold at an average price of $0.63, for a total transaction of $38,598.84.
• On Friday, January 10th, Yaacov Nagar sold 69,570 shares of 374Water stock. The stock was sold at an average price of $0.68, for a total transaction of $47,307.60.
• On Thursday, November 14th, Yaacov Nagar sold 8,563 shares of 374Water stock. The stock was sold at an average price of $1.41, for a total transaction of $12,073.83.
• On Monday, November 11th, Yaacov Nagar sold 30,662 shares of 374Water stock. The shares were sold at an average price of $1.54, for a total value of $47,219.48.
• 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 value of $22,309.02.
• On Monday, November 4th, Yaacov Nagar sold 37,832 shares of 374Water stock. The shares were 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 transaction of $78,865.89.

374Water Stock Performance

NASDAQ SCWO opened at $0.57 on Friday. 374Water Inc. has a fifty-two week low of $0.54 and a fifty-two week high of $1.99. The stock’s 50-day moving average is $0.79 and its two-hundred day moving average is $1.15.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of 374Water in a research note on Saturday, January 18th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Virtu Financial LLC bought a new stake in 374Water during the third quarter worth approximately $30,000. SG Americas Securities LLC bought a new position in shares of 374Water in the third quarter valued at approximately $30,000. Patron Partners LLC acquired a new stake in shares of 374Water in the fourth quarter worth $55,000. Barclays PLC boosted its holdings in shares of 374Water by 299.1% during the 3rd quarter. Barclays PLC now owns 94,506 shares of the company’s stock worth $128,000 after buying an additional 70,828 shares during the period. Finally, Compass Ion Advisors LLC grew its stake in 374Water by 26.4% in the 3rd quarter. Compass Ion Advisors LLC now owns 101,647 shares of the company’s stock valued at $138,000 after buying an additional 21,212 shares during the last quarter. Institutional investors and hedge funds 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.