Yaacov Nagar Sells 122,439 Shares of 374Water (NASDAQ:SCWO) Stock

374Water Inc. (NASDAQ:SCWO) major shareholder Yaacov Nagar sold 122,439 shares of the firm’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $0.39, for a total transaction of $47,751.21. Following the sale, the insider owned 35,813,175 shares in the company, valued at approximately $13,967,138.25. This trade represents a 0.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Friday, August 29th, Yaacov Nagar sold 22,711 shares of 374Water stock. The shares were sold at an average price of $0.39, for a total transaction of $8,857.29.
• On Monday, September 8th, Yaacov Nagar sold 54,850 shares of 374Water stock. The shares were sold at an average price of $0.40, for a total transaction of $21,940.00.
• On Friday, June 27th, Yaacov Nagar sold 23,396 shares of 374Water stock. The shares were sold at an average price of $0.42, for a total transaction of $9,826.32.
• On Thursday, June 26th, Yaacov Nagar sold 103,379 shares of 374Water stock. The shares were sold at an average price of $0.42, for a total transaction of $43,419.18.
• On Tuesday, June 24th, Yaacov Nagar sold 59,946 shares of 374Water stock. The shares were sold at an average price of $0.42, for a total transaction of $25,177.32.
• On Monday, June 23rd, Yaacov Nagar sold 36,191 shares of 374Water stock. The shares were sold at an average price of $0.42, for a total transaction of $15,200.22.
• On Wednesday, June 18th, Yaacov Nagar sold 57,650 shares of 374Water stock. The shares were sold at an average price of $0.40, for a total transaction of $23,060.00.
• On Monday, June 16th, Yaacov Nagar sold 6,052 shares of 374Water stock. The shares were sold at an average price of $0.40, for a total transaction of $2,420.80.
• On Thursday, June 12th, Yaacov Nagar sold 42,350 shares of 374Water stock. The shares were sold at an average price of $0.40, for a total transaction of $16,940.00.

374Water Stock Performance

Shares of 374Water stock opened at $0.41 on Tuesday. 374Water Inc. has a 52-week low of $0.16 and a 52-week high of $1.99. The stock has a market capitalization of $61.39 million, a price-to-earnings ratio of -3.70 and a beta of -0.30. The company has a fifty day moving average of $0.25 and a 200-day moving average of $0.31.

374Water (NASDAQ:SCWO) last announced its quarterly earnings data on Tuesday, August 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). 374Water had a negative net margin of 1,278.90% and a negative return on equity of 138.71%. The business had revenue of $0.60 million during the quarter, compared to analysts’ expectations of $5.20 million.

Institutional Investors Weigh In On 374Water

Several institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in 374Water during the 2nd quarter valued at $28,000. Qube Research & Technologies Ltd purchased a new stake in shares of 374Water in the 2nd quarter worth about $93,000. Marshall Wace LLP purchased a new stake in shares of 374Water in the 2nd quarter worth about $57,000. CW Advisors LLC purchased a new stake in shares of 374Water in the 2nd quarter worth about $117,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of 374Water in the 2nd quarter worth about $35,000. Hedge funds and other institutional investors own 12.16% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 374Water in a research note on Saturday, August 30th.

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.