Patron Partners LLC Buys New Stake in 374Water Inc. (NASDAQ:SCWO)

Patron Partners LLC purchased a new position in shares of 374Water Inc. (NASDAQ:SCWO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 80,000 shares of the company’s stock, valued at approximately $55,000.

Other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its stake in shares of 374Water by 11.3% in the 3rd quarter. Geode Capital Management LLC now owns 1,556,928 shares of the company’s stock valued at $2,118,000 after buying an additional 158,482 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of 374Water by 324.7% during the third quarter. JPMorgan Chase & Co. now owns 124,580 shares of the company’s stock valued at $169,000 after acquiring an additional 95,249 shares during the period. Barclays PLC boosted its holdings in 374Water by 299.1% in the third quarter. Barclays PLC now owns 94,506 shares of the company’s stock valued at $128,000 after acquiring an additional 70,828 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in 374Water by 20.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 498,529 shares of the company’s stock worth $678,000 after purchasing an additional 83,198 shares during the period. Finally, SG Americas Securities LLC acquired a new position in 374Water during the 3rd quarter valued at about $30,000. 12.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of 374Water in a research report on Saturday.

Insider Buying and Selling at 374Water

In related news, CEO Chris M. Gannon acquired 120,000 shares of the stock in a transaction dated Monday, November 18th. The stock was bought at an average price of $1.25 per share, with a total value of $150,000.00. Following the completion of the transaction, the chief executive officer now directly owns 120,000 shares of the company’s stock, valued at approximately $150,000. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Yaacov Nagar sold 30,662 shares of 374Water stock in a transaction that occurred 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 sale, the insider now directly owns 37,163,258 shares in the company, valued at approximately $57,231,417.32. This represents a 0.08 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have purchased 172,800 shares of company stock valued at $216,000 and have sold 204,806 shares valued at $179,894. Insiders own 54.32% of the company’s stock.

374Water Trading Down 5.4 %

Shares of 374Water stock opened at $0.49 on Tuesday. 374Water Inc. has a 52 week low of $0.47 and a 52 week high of $1.99. The firm has a fifty day moving average of $0.74 and a two-hundred day moving average of $1.12.

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.