Insider Selling: 374Water Inc. (NASDAQ:SCWO) Major Shareholder Sells 69,570 Shares of Stock

374Water Inc. (NASDAQ:SCWO) major shareholder Yaacov Nagar sold 69,570 shares of the stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $0.68, for a total value of $47,307.60. Following the completion of the sale, the insider now directly owns 37,050,752 shares of the company’s stock, valued at approximately $25,194,511.36. The trade was a 0.19 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Large 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 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 transaction of $12,073.83.
• On Monday, November 11th, Yaacov Nagar sold 30,662 shares of 374Water stock. The shares were sold at an average price of $1.54, for a total transaction of $47,219.48.
• On Friday, November 8th, Yaacov Nagar sold 13,771 shares of 374Water stock. The stock was 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 shares were 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 value of $753.06.
• On Tuesday, October 29th, Yaacov Nagar sold 44,557 shares of 374Water stock. The shares were sold at an average price of $1.77, for a total value of $78,865.89.

374Water Trading Down 2.8 %

Shares of NASDAQ SCWO opened at $0.62 on Wednesday. The company has a market capitalization of $82.56 million, a P/E ratio of -7.75 and a beta of -0.43. 374Water Inc. has a 12 month low of $0.54 and a 12 month high of $1.99. The stock has a 50 day moving average of $0.93 and a 200-day moving average of $1.18.

Institutional Investors Weigh In On 374Water

Hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC bought a new position in shares of 374Water in the third quarter valued at about $30,000. Compass Ion Advisors LLC boosted its holdings 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 worth $138,000 after buying an additional 21,212 shares during the period. Sigma Planning Corp grew its stake in 374Water by 7.1% in the 3rd quarter. Sigma Planning Corp now owns 135,193 shares of the company’s stock valued at $184,000 after buying an additional 9,000 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in 374Water by 20.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 498,529 shares of the company’s stock valued at $678,000 after acquiring an additional 83,198 shares during the period. Finally, D.A. Davidson & CO. lifted its position in 374Water by 10.6% during the third quarter. D.A. Davidson & CO. now owns 432,535 shares of the company’s stock worth $588,000 after acquiring an additional 41,620 shares during the last quarter. Institutional investors and hedge funds 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.