374Water Inc. (NASDAQ:SCWO) Major Shareholder Yaacov Nagar Sells 144,860 Shares

374Water Inc. (NASDAQ:SCWO - Get Free Report) major shareholder Yaacov Nagar sold 144,860 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $0.43, for a total value of $62,289.80. Following the transaction, the insider now directly owns 36,400,896 shares in the company, valued at approximately $15,652,385.28. This represents a 0.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.

Yaacov Nagar also recently made the following trade(s):

• On Monday, February 3rd, Yaacov Nagar sold 212,120 shares of 374Water stock. The shares were sold at an average price of $0.49, for a total transaction of $103,938.80.
• 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 value 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 transaction 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 transaction 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 shares were sold at an average price of $1.54, for a total transaction of $47,219.48.

374Water Trading Down 15.3 %

SCWO stock traded down $0.06 during midday trading on Tuesday, hitting $0.33. The stock had a trading volume of 223,399 shares, compared to its average volume of 405,906. 374Water Inc. has a 52 week low of $0.36 and a 52 week high of $1.99. The stock has a 50-day simple moving average of $0.67 and a 200 day simple moving average of $1.09. The firm has a market capitalization of $44.21 million, a price-to-earnings ratio of -4.39 and a beta of -0.42.

Analyst Upgrades and Downgrades

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

Institutional Trading of 374Water

Institutional investors have recently made changes to their positions in the business. Avalon Trust Co raised its holdings in shares of 374Water by 1,333.3% in the 4th quarter. Avalon Trust Co now owns 43,000 shares of the company's stock worth $29,000 after buying an additional 40,000 shares in the last quarter. SG Americas Securities LLC acquired a new position in 374Water during the third quarter worth $30,000. Virtu Financial LLC bought a new position in shares of 374Water during the third quarter valued at $30,000. Patron Partners LLC acquired a new stake in shares of 374Water in the 4th quarter valued at $55,000. Finally, Sigma Planning Corp lifted its holdings in 374Water by 36.1% during 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 last quarter. 12.16% of the stock is currently owned by institutional investors and hedge funds.

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.