Oceanside Advisors LLC Sells 51,313 Shares of 374Water Inc. (NASDAQ:SCWO)

Oceanside Advisors LLC lessened its holdings in shares of 374Water Inc. (NASDAQ:SCWO) by 25.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 148,687 shares of the company’s stock after selling 51,313 shares during the quarter. Oceanside Advisors LLC’s holdings in 374Water were worth $202,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Compass Ion Advisors LLC lifted its holdings in 374Water by 26.4% during the third quarter. Compass Ion Advisors LLC now owns 101,647 shares of the company’s stock valued at $138,000 after purchasing an additional 21,212 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of 374Water during the 3rd quarter valued at $30,000. Privium Fund Management B.V. purchased a new stake in 374Water in the 2nd quarter worth $33,000. Finally, Vanguard Group Inc. raised its holdings in 374Water by 13.3% during the first quarter. Vanguard Group Inc. now owns 3,382,249 shares of the company’s stock valued at $4,262,000 after acquiring an additional 396,756 shares during the period. Institutional investors own 12.16% of the company’s stock.

374Water Stock Down 7.1 %

NASDAQ SCWO opened at $1.45 on Friday. 374Water Inc. has a twelve month low of $0.83 and a twelve month high of $2.09. The business has a 50-day moving average price of $1.46 and a 200-day moving average price of $1.30.

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

Insider Buying and Selling

In other 374Water news, major shareholder Yaacov Nagar sold 44,557 shares of the stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $1.77, for a total transaction of $78,865.89. Following the completion of the transaction, the insider now owns 37,666,195 shares of the company’s stock, valued at $66,669,165.15. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 54.32% of the stock is owned by company insiders.

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.