374Water Inc. (NASDAQ:SCWO) Major Shareholder Yaacov Nagar Sells 30,662 Shares

374Water Inc. (NASDAQ:SCWO) major shareholder Yaacov Nagar sold 30,662 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of $1.54, for a total value of $47,219.48. Following the completion of the transaction, the insider now directly owns 37,163,258 shares in the company, valued at approximately $57,231,417.32. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases 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 transaction 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 transaction 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 transaction of $78,865.89.

374Water Trading Down 2.0 %

Shares of 374Water stock traded down $0.03 on Tuesday, hitting $1.48. 62,385 shares of the company traded hands, compared to its average volume of 122,874. The company has a market cap of $196.43 million, a P/E ratio of -21.57 and a beta of -0.36. The firm’s 50-day simple moving average is $1.51 and its 200 day simple moving average is $1.31. 374Water Inc. has a 12-month low of $0.83 and a 12-month high of $2.09.

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

Hedge Funds Weigh In On 374Water

A number of hedge funds have recently modified their holdings of SCWO. SG Americas Securities LLC purchased a new stake in 374Water during the third quarter valued at $30,000. Privium Fund Management B.V. purchased a new position in shares of 374Water in the 2nd quarter worth approximately $33,000. Compass Ion Advisors LLC boosted 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 worth $138,000 after purchasing an additional 21,212 shares in the last quarter. Sigma Planning Corp lifted its stake in 374Water by 7.1% during the 3rd 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 period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of 374Water by 20.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 498,529 shares of the company’s stock valued at $678,000 after purchasing an additional 83,198 shares during the period. 12.16% of the stock is currently owned by institutional investors.

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.