Insider Selling: 374Water Inc. (NASDAQ:SCWO) Major Shareholder Sells 212,120 Shares of Stock

374Water Inc. (NASDAQ:SCWO) major shareholder Yaacov Nagar sold 212,120 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $0.49, for a total value of $103,938.80. Following the transaction, the insider now owns 36,561,675 shares of the company’s stock, valued at approximately $17,915,220.75. The trade was a 0.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s stock 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 shares were 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 stock was 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 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 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 value of $22,309.02.

374Water Stock Down 2.2 %

Shares of NASDAQ:SCWO opened at $0.41 on Friday. The company has a 50 day moving average of $0.71 and a 200-day moving average of $1.11. 374Water Inc. has a twelve month low of $0.36 and a twelve month high of $1.99.

Institutional Investors Weigh In On 374Water

A number of institutional investors have recently added to or reduced their stakes in SCWO. Geode Capital Management LLC increased its position in shares of 374Water by 11.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,556,928 shares of the company’s stock valued at $2,118,000 after purchasing an additional 158,482 shares during the period. Icon Wealth Advisors LLC boosted its stake in 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 buying an additional 20,000 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings 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 acquiring an additional 83,198 shares during the period. D.A. Davidson & CO. raised its position in 374Water by 8.5% in the fourth quarter. D.A. Davidson & CO. now owns 469,180 shares of the company’s stock worth $320,000 after acquiring an additional 36,645 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in 374Water in the 4th quarter valued at about $255,000. 12.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

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.