Yaacov Nagar Sells 212,120 Shares of 374Water Inc. (NASDAQ:SCWO) Stock

374Water Inc. (NASDAQ:SCWO) major shareholder Yaacov Nagar sold 212,120 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $0.49, for a total transaction of $103,938.80. Following the completion of the sale, the insider now directly owns 36,561,675 shares of the company’s stock, valued at $17,915,220.75. This trade represents a 0.58 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more 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, January 24th, Yaacov Nagar sold 900 shares of 374Water stock. The shares were 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 shares were 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.

374Water Trading Down 2.2 %

NASDAQ:SCWO opened at $0.41 on Friday. 374Water Inc. has a one year low of $0.36 and a one year high of $1.99. The stock has a 50-day simple moving average of $0.71 and a 200 day simple moving average of $1.11.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in shares of 374Water during the 3rd quarter valued at approximately $30,000. Virtu Financial LLC acquired a new stake in shares of 374Water during the third quarter worth $30,000. Patron Partners LLC bought a new position in shares of 374Water in the 4th quarter worth about $55,000. Sigma Planning Corp lifted its position in shares of 374Water by 36.1% in the 4th quarter. Sigma Planning Corp now owns 183,960 shares of the company’s stock worth $126,000 after buying an additional 48,767 shares during the last quarter. Finally, Barclays PLC boosted 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 buying an additional 70,828 shares during the period. Institutional investors and hedge funds own 12.16% of the company’s stock.

Analysts Set New Price Targets

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

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.