Insider Selling: 374Water Inc. (NASDAQ:SCWO) Major Shareholder Sells 13,771 Shares of Stock

374Water Inc. (NASDAQ:SCWO) major shareholder Yaacov Nagar sold 13,771 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $1.62, for a total value of $22,309.02. Following the completion of the transaction, the insider now directly owns 37,193,920 shares of the company’s stock, valued at $60,254,150.40. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Major shareholders that own at least 10% 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 Monday, November 11th, Yaacov Nagar sold 30,662 shares of 374Water stock. The stock was sold at an average price of $1.54, for a total value of $47,219.48.
• 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 stock was sold at an average price of $1.77, for a total value of $78,865.89.

374Water Stock Performance

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

374Water (NASDAQ:SCWO) last posted its earnings results on Thursday, August 15th. The company reported ($0.02) earnings per share for the quarter, meeting the consensus estimate of ($0.02). The company had revenue of $0.04 million for the quarter.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in 374Water by 13.3% during 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 in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of 374Water by 20.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 498,529 shares of the company’s stock worth $678,000 after buying an additional 83,198 shares during the last quarter. Privium Fund Management B.V. acquired a new stake in 374Water in the 2nd quarter valued at about $33,000. SG Americas Securities LLC acquired a new stake in 374Water in the 3rd quarter valued at about $30,000. Finally, Compass Ion Advisors LLC lifted 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 worth $138,000 after acquiring an additional 21,212 shares during the last quarter. Institutional investors 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.