374Water Inc. (NASDAQ:SCWO) Director Marc Deshusses Buys 32,000 Shares

374Water Inc. (NASDAQ:SCWO) Director Marc Deshusses acquired 32,000 shares of 374Water stock in a transaction on Monday, November 18th. The stock was acquired at an average cost of $1.25 per share, for a total transaction of $40,000.00. Following the purchase, the director now owns 22,652,451 shares of the company’s stock, valued at approximately $28,315,563.75. This represents a 0.14 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

374Water Stock Performance

Shares of NASDAQ:SCWO opened at $1.01 on Wednesday. The business has a fifty day moving average of $1.52 and a 200-day moving average of $1.30. 374Water Inc. has a twelve month low of $0.83 and a twelve month high of $2.09. The firm has a market cap of $133.84 million, a PE ratio of -12.56 and a beta of -0.36.

Institutional Investors Weigh In On 374Water

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in shares of 374Water by 13.3% during the first quarter. Vanguard Group Inc. now owns 3,382,249 shares of the company’s stock worth $4,262,000 after purchasing an additional 396,756 shares in the last quarter. Geode Capital Management LLC raised its position in 374Water by 11.3% in the 3rd quarter. Geode Capital Management LLC now owns 1,556,928 shares of the company’s stock worth $2,118,000 after purchasing an additional 158,482 shares during the last quarter. Icon Wealth Advisors LLC lifted its holdings in 374Water by 1.7% during the 3rd quarter. Icon Wealth Advisors LLC now owns 1,166,612 shares of the company’s stock worth $1,587,000 after buying an additional 20,000 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in 374Water by 20.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 498,529 shares of the company’s stock valued at $678,000 after buying an additional 83,198 shares during the last quarter. Finally, D.A. Davidson & CO. increased its stake in shares of 374Water by 10.6% in the 3rd 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. Institutional investors own 12.16% of the company’s stock.

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.