374Water Inc. (NASDAQ:SCWO) Major Shareholder Yaacov Nagar Sells 19,772 Shares

374Water Inc. (NASDAQ:SCWO) major shareholder Yaacov Nagar sold 19,772 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $0.59, for a total transaction of $11,665.48. Following the transaction, the insider now directly owns 36,805,720 shares of the company’s stock, valued at approximately $21,715,374.80. This represents a 0.05 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• 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 transaction 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 transaction of $47,307.60.
• On Thursday, November 14th, Yaacov Nagar sold 8,563 shares of 374Water stock. The shares were 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.
• 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 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 value of $78,865.89.

374Water Stock Performance

Shares of SCWO stock opened at $0.59 on Thursday. The firm has a fifty day simple moving average of $0.84 and a 200-day simple moving average of $1.16. 374Water Inc. has a twelve month low of $0.54 and a twelve month high of $1.99.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of 374Water in a report on Saturday, January 18th.

Hedge Funds Weigh In On 374Water

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new position in 374Water in the third quarter worth about $30,000. Virtu Financial LLC bought a new position in 374Water during the 3rd quarter worth approximately $30,000. Barclays PLC increased its holdings in shares of 374Water by 299.1% in the 3rd quarter. Barclays PLC now owns 94,506 shares of the company’s stock valued at $128,000 after acquiring an additional 70,828 shares during the last quarter. Compass Ion Advisors LLC raised 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 in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in 374Water by 324.7% during the third quarter. JPMorgan Chase & Co. now owns 124,580 shares of the company’s stock worth $169,000 after purchasing an additional 95,249 shares during the last quarter. 12.16% of the stock is 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.