374Water Inc. (NASDAQ:SCWO) Major Shareholder Sells $103,938.80 in Stock

374Water Inc. (NASDAQ:SCWO) major shareholder Yaacov Nagar sold 212,120 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $0.49, for a total transaction of $103,938.80. Following the sale, the insider now owns 36,561,675 shares of the company’s stock, valued at approximately $17,915,220.75. This represents a 0.58 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

• On Wednesday, February 5th, Yaacov Nagar sold 144,860 shares of 374Water stock. The shares were sold at an average price of $0.43, for a total transaction of $62,289.80.
• On Friday, January 24th, Yaacov Nagar sold 900 shares of 374Water stock. The stock was sold at an average price of $0.59, for a total value 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 value 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 value 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 transaction 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 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.

374Water Price Performance

SCWO opened at $0.40 on Friday. 374Water Inc. has a 52-week low of $0.36 and a 52-week high of $1.99. The business’s fifty day moving average is $0.70 and its 200-day moving average is $1.10.

Institutional Investors Weigh In On 374Water

Large investors have recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of 374Water in the 4th quarter valued at approximately $255,000. Geode Capital Management LLC increased its stake in 374Water by 11.3% in the third quarter. Geode Capital Management LLC now owns 1,556,928 shares of the company’s stock valued at $2,118,000 after acquiring an additional 158,482 shares during the last quarter. JPMorgan Chase & Co. raised its position in 374Water by 324.7% during the third quarter. JPMorgan Chase & Co. now owns 124,580 shares of the company’s stock valued at $169,000 after purchasing an additional 95,249 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in 374Water by 20.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 498,529 shares of the company’s stock worth $678,000 after purchasing an additional 83,198 shares during the last quarter. Finally, Patron Partners LLC acquired a new stake in shares of 374Water in the 4th quarter valued at $55,000. 12.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of 374Water in a research note 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.