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

Posted by Sarita Garza on Jan 24th, 2025

374Water Inc. (NASDAQ:SCWO – Get Free Report) major shareholder Yaacov Nagar sold 19,772 shares of the stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $0.59, for a total transaction of $11,665.48. Following the completion of the sale, the insider now directly owns 36,805,720 shares of the company’s stock, valued at approximately $21,715,374.80. This trade represents a 0.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own more than 10% 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 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.
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 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.
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 value 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 value of $753.06.
On Tuesday, October 29th, Yaacov Nagar sold 44,557 shares of 374Water stock. The shares were sold at an average price of $1.77, for a total value of $78,865.89.

374Water Price Performance

Shares of SCWO opened at $0.57 on Friday. 374Water Inc. has a one year low of $0.54 and a one year high of $1.99. The business’s 50 day simple moving average is $0.82 and its 200-day simple moving average is $1.16.

Hedge Funds Weigh In On 374Water

A number of institutional investors and hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC bought a new position in shares of 374Water in the third quarter valued at about $30,000. Virtu Financial LLC bought a new position in shares of 374Water in the third quarter worth about $30,000. Barclays PLC lifted its position in shares of 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. Compass Ion Advisors LLC grew its stake in shares of 374Water by 26.4% during the third quarter. Compass Ion Advisors LLC now owns 101,647 shares of the company’s stock valued at $138,000 after purchasing an additional 21,212 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in 374Water by 324.7% in the 3rd 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. Institutional investors and hedge funds own 12.16% of the company’s stock.

Analysts Set New Price Targets

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

Get Our Latest Report on SCWO

374Water Company Profile

(Get Free Report)

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.