374Water Inc. (NASDAQ:SCWO) Major Shareholder Sells $53,343.12 in 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 stock was sold at an average price of $1.41, for a total transaction of $53,343.12. Following the completion of the sale, the insider now 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases 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 stock was sold at an average price of $1.63, for a total transaction 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 Stock Performance

Shares of NASDAQ:SCWO opened at $1.61 on Thursday. 374Water Inc. has a 52-week low of $0.83 and a 52-week high of $2.09. The business’s 50 day simple moving average is $1.48 and its two-hundred day simple moving average is $1.31. The firm has a market cap of $213.70 million, a P/E ratio of -23.00 and a beta of -0.36.

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

Institutional Inflows and Outflows

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

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.