Insider Selling: 374Water Inc. (NASDAQ:SCWO) Major Shareholder Sells 30,662 Shares of Stock

374Water Inc. (NASDAQ:SCWO) 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 transaction of $47,219.48. Following the transaction, the insider now owns 37,163,258 shares of the company’s stock, valued at $57,231,417.32. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 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 Friday, November 8th, Yaacov Nagar sold 13,771 shares of 374Water stock. The shares were 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 Stock Performance

Shares of NASDAQ SCWO opened at $1.45 on Wednesday. 374Water Inc. has a twelve month low of $0.83 and a twelve month high of $2.09. The company has a 50 day moving average of $1.51 and a 200 day moving average of $1.31.

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

Institutional Investors Weigh In On 374Water

A number of hedge funds have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. raised its stake in 374Water by 20.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 498,529 shares of the company’s stock valued at $678,000 after buying an additional 83,198 shares during the last quarter. Sigma Planning Corp grew its position in shares of 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. Compass Ion Advisors LLC grew its position in shares of 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 during the period. SG Americas Securities LLC bought a new stake in shares of 374Water during the 3rd quarter valued at $30,000. Finally, Privium Fund Management B.V. bought a new stake in shares of 374Water during the 2nd quarter valued at $33,000. 12.16% of the stock is currently owned by hedge funds and other 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.