374Water Inc. (NASDAQ:SCWO) Major Shareholder Yaacov Nagar Sells 144,860 Shares

374Water Inc. (NASDAQ:SCWO) major shareholder Yaacov Nagar sold 144,860 shares of 374Water stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $0.43, for a total value of $62,289.80. Following the sale, the insider now owns 36,400,896 shares in the company, valued at $15,652,385.28. This represents a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Monday, February 3rd, Yaacov Nagar sold 212,120 shares of 374Water stock. The shares were sold at an average price of $0.49, for a total transaction of $103,938.80.
• On Friday, January 24th, Yaacov Nagar sold 900 shares of 374Water stock. The stock was sold at an average price of $0.59, for a total transaction of $531.00.
• On Wednesday, January 22nd, Yaacov Nagar sold 19,772 shares of 374Water stock. The stock was sold at an average price of $0.59, for a total transaction of $11,665.48.
• On Thursday, January 16th, Yaacov Nagar sold 300 shares of 374Water stock. The shares were 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 stock was sold at an average price of $0.63, for a total value of $38,598.84.
• On Friday, January 10th, Yaacov Nagar sold 69,570 shares of 374Water stock. The shares were sold at an average price of $0.68, for a total value 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 value of $12,073.83.
• 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.

374Water Price Performance

374Water stock opened at $0.40 on Friday. 374Water Inc. has a 12 month low of $0.36 and a 12 month high of $1.99. The stock has a fifty day simple moving average of $0.70 and a two-hundred day simple moving average of $1.10.

Institutional Investors Weigh In On 374Water

Several large investors have recently bought and sold shares of SCWO. Geode Capital Management LLC grew its position in 374Water by 11.3% in the 3rd quarter. Geode Capital Management LLC now owns 1,556,928 shares of the company’s stock worth $2,118,000 after purchasing an additional 158,482 shares during the period. JPMorgan Chase & Co. lifted its position in 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 purchasing an additional 95,249 shares in the last quarter. Barclays PLC grew its holdings in 374Water by 299.1% during the third quarter. Barclays PLC now owns 94,506 shares of the company’s stock valued at $128,000 after purchasing an additional 70,828 shares during the period. 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 buying an additional 83,198 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of 374Water in the third quarter worth about $30,000. 12.16% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of 374Water in a research note on Saturday, February 1st.

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.