374Water Inc. (NASDAQ:SCWO) General Counsel Peter Mandel Acquires 10,800 Shares of Stock

374Water Inc. (NASDAQ:SCWO) General Counsel Peter Mandel acquired 10,800 shares of the business’s stock in a transaction on Monday, November 18th. The stock was purchased at an average cost of $1.25 per share, with a total value of $13,500.00. Following the acquisition, the general counsel now directly owns 258,575 shares of the company’s stock, valued at $323,218.75. This represents a 4.36 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

374Water Price Performance

374Water stock opened at $1.01 on Wednesday. The stock’s fifty day moving average is $1.52 and its two-hundred day moving average is $1.30. 374Water Inc. has a 1-year low of $0.83 and a 1-year high of $2.09. The stock has a market cap of $133.84 million, a PE ratio of -12.56 and a beta of -0.36.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sigma Planning Corp raised its holdings in shares of 374Water by 7.1% during the third quarter. Sigma Planning Corp now owns 135,193 shares of the company’s stock valued at $184,000 after buying an additional 9,000 shares during the last quarter. Icon Wealth Advisors LLC raised its position in shares of 374Water by 1.7% in the third quarter. Icon Wealth Advisors LLC now owns 1,166,612 shares of the company’s stock valued at $1,587,000 after purchasing an additional 20,000 shares during the period. Compass Ion Advisors LLC increased its position in 374Water by 26.4% during the third quarter. Compass Ion Advisors LLC now owns 101,647 shares of the company’s stock worth $138,000 after acquiring an additional 21,212 shares during the period. SG Americas Securities LLC bought a new stake in shares of 374Water during the third quarter valued at approximately $30,000. Finally, Privium Fund Management B.V. bought a new position in shares of 374Water during the 2nd quarter worth approximately $33,000. Institutional investors and hedge funds 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.