Yaacov Nagar Sells 45,998 Shares of 374Water Inc. (NASDAQ:SCWO) Stock

374Water Inc. (NASDAQ:SCWO) major shareholder Yaacov Nagar sold 45,998 shares of the stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of $0.42, for a total transaction of $19,319.16. Following the transaction, the insider now directly owns 36,342,462 shares in the company, valued at $15,263,834.04. The trade was a 0.13 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Large 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, February 7th, Yaacov Nagar sold 12,436 shares of 374Water stock. The shares were sold at an average price of $0.42, for a total value of $5,223.12.
• On Wednesday, February 5th, Yaacov Nagar sold 144,860 shares of 374Water stock. The stock was sold at an average price of $0.43, for a total value of $62,289.80.
• On Monday, February 3rd, Yaacov Nagar sold 212,120 shares of 374Water stock. The stock was sold at an average price of $0.49, for a total value of $103,938.80.
• 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 transaction of $531.00.
• On Wednesday, January 22nd, Yaacov Nagar sold 19,772 shares of 374Water stock. The shares were 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 stock was 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 shares were 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 stock was sold at an average price of $0.68, for a total value of $47,307.60.

374Water Stock Performance

374Water stock opened at $0.34 on Friday. 374Water Inc. has a one year low of $0.30 and a one year high of $1.99. The company has a 50-day simple moving average of $0.40 and a 200-day simple moving average of $0.91. The firm has a market capitalization of $44.74 million, a P/E ratio of -4.20 and a beta of -0.01.

374Water (NASDAQ:SCWO) last announced its quarterly earnings results on Thursday, March 27th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.01). The business had revenue of $0.01 million for the quarter, compared to the consensus estimate of $0.10 million.

Institutional Investors Weigh In On 374Water

A number of hedge funds and other institutional investors have recently modified their holdings of SCWO. Charles Schwab Investment Management Inc. increased its stake in 374Water by 20.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 498,529 shares of the company’s stock valued at $678,000 after buying an additional 83,198 shares during the period. D.A. Davidson & CO. increased its stake in shares of 374Water by 10.6% during the third quarter. D.A. Davidson & CO. now owns 432,535 shares of the company’s stock valued at $588,000 after acquiring an additional 41,620 shares during the period. Icon Wealth Advisors LLC increased its stake in shares of 374Water by 1.7% during the third quarter. Icon Wealth Advisors LLC now owns 1,166,612 shares of the company’s stock valued at $1,587,000 after acquiring an additional 20,000 shares during the period. Barclays PLC raised its holdings in 374Water by 299.1% during the third quarter. Barclays PLC now owns 94,506 shares of the company’s stock worth $128,000 after purchasing an additional 70,828 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in 374Water by 11.3% in the third quarter. Geode Capital Management LLC now owns 1,556,928 shares of the company’s stock worth $2,118,000 after purchasing an additional 158,482 shares during the period. 12.16% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of 374Water in a research note on Saturday, March 22nd.

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.