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 stock in a transaction on Monday, February 3rd. The stock was 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 owns 36,561,675 shares in the company, valued at approximately $17,915,220.75. This trade represents a 0.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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 value of $62,289.80.
• 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 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 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 transaction of $12,073.83.
• On Monday, November 11th, Yaacov Nagar sold 30,662 shares of 374Water stock. The stock was 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 shares were sold at an average price of $1.62, for a total transaction of $22,309.02.

374Water Stock Performance

SCWO stock opened at $0.40 on Friday. 374Water Inc. has a twelve month low of $0.36 and a twelve month high of $1.99. The business has a 50 day moving average price of $0.70 and a two-hundred day moving average price of $1.10.

Analyst Ratings Changes

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

Hedge Funds Weigh In On 374Water

Hedge funds and other institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in 374Water in the fourth quarter valued at $255,000. Sigma Planning Corp raised its holdings in shares of 374Water by 36.1% in the 4th quarter. Sigma Planning Corp now owns 183,960 shares of the company’s stock valued at $126,000 after purchasing an additional 48,767 shares during the period. D.A. Davidson & CO. lifted its stake in 374Water by 8.5% in the 4th quarter. D.A. Davidson & CO. now owns 469,180 shares of the company’s stock valued at $320,000 after purchasing an additional 36,645 shares during the last quarter. Patron Partners LLC bought a new position in 374Water during the fourth quarter worth about $55,000. Finally, SG Americas Securities LLC increased its position in 374Water by 109.2% during the fourth quarter. SG Americas Securities LLC now owns 46,782 shares of the company’s stock worth $32,000 after buying an additional 24,418 shares during the last quarter. 12.16% of the stock is owned by institutional investors.

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.