Yaacov Nagar Sells 30,662 Shares of 374Water Inc. (NASDAQ:SCWO) Stock

by · The Cerbat Gem

374Water Inc. (NASDAQ:SCWO – Get Free Report) major shareholder Yaacov Nagar sold 30,662 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $1.54, for a total value of $47,219.48. Following the completion of the sale, the insider now owns 37,163,258 shares in the company, valued at approximately $57,231,417.32. The trade was a 0.00 % 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 10% or more 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 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.
  • On Monday, November 4th, Yaacov Nagar sold 37,832 shares of 374Water stock. The stock was sold at an average price of $1.41, for a total transaction of $53,343.12.
  • On Thursday, October 31st, Yaacov Nagar sold 462 shares of 374Water stock. The shares were sold at an average price of $1.63, for a total transaction of $753.06.
  • On Tuesday, October 29th, Yaacov Nagar sold 44,557 shares of 374Water stock. The stock was sold at an average price of $1.77, for a total value of $78,865.89.

374Water Stock Performance

Shares of NASDAQ SCWO opened at $1.40 on Thursday. 374Water Inc. has a fifty-two week low of $0.83 and a fifty-two week high of $2.09. The stock has a market cap of $185.16 million, a PE ratio of -19.93 and a beta of -0.36. The stock has a fifty day moving average of $1.51 and a 200-day moving average of $1.31.

374Water (NASDAQ:SCWO – Get Free Report) last announced its quarterly earnings results on Thursday, August 15th. The company reported ($0.02) earnings per share for the quarter, meeting the consensus estimate of ($0.02). The company had revenue of $0.04 million for the quarter.

Hedge Funds Weigh In On 374Water

Several hedge funds have recently bought and sold shares of SCWO. Vanguard Group Inc. boosted its holdings in 374Water by 13.3% in the 1st quarter. Vanguard Group Inc. now owns 3,382,249 shares of the company’s stock valued at $4,262,000 after purchasing an additional 396,756 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of 374Water by 20.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 498,529 shares of the company’s stock worth $678,000 after buying an additional 83,198 shares in the last quarter. D.A. Davidson & CO. boosted its stake in 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 buying an additional 41,620 shares during the period. Privium Fund Management B.V. bought a new stake in 374Water during the second quarter valued at $33,000. Finally, SG Americas Securities LLC purchased a new position in 374Water during the third quarter worth about $30,000. Hedge funds and other institutional investors own 12.16% of the company’s stock.

About 374Water

(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.

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