374Water Inc. (NASDAQ:SCWO) CEO Buys $150,000.00 in Stock

374Water Inc. (NASDAQ:SCWO) CEO Chris M. Gannon bought 120,000 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was purchased at an average price of $1.25 per share, with a total value of $150,000.00. Following the completion of the acquisition, the chief executive officer now owns 120,000 shares of the company’s stock, valued at approximately $150,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

374Water Trading Up 0.5 %

NASDAQ:SCWO traded up $0.01 during trading hours on Wednesday, hitting $1.01. 424,447 shares of the stock traded hands, compared to its average volume of 129,768. The firm has a market cap of $134.50 million, a price-to-earnings ratio of -12.56 and a beta of -0.36. 374Water Inc. has a fifty-two week low of $0.83 and a fifty-two week high of $2.09. The firm has a 50 day moving average price of $1.51 and a 200 day moving average price of $1.30.

Hedge Funds Weigh In On 374Water

A number of large investors have recently made changes to their positions in SCWO. Virtu Financial LLC purchased a new position in 374Water during the third quarter valued at approximately $30,000. SG Americas Securities LLC acquired a new position in 374Water during the 3rd quarter valued at $30,000. Privium Fund Management B.V. acquired a new position in 374Water during the 2nd quarter valued at $33,000. Barclays PLC raised its stake in 374Water by 299.1% during the 3rd quarter. Barclays PLC now owns 94,506 shares of the company’s stock valued at $128,000 after purchasing an additional 70,828 shares during the last quarter. Finally, Compass Ion Advisors LLC increased its holdings in 374Water by 26.4% in the 3rd quarter. Compass Ion Advisors LLC now owns 101,647 shares of the company’s stock valued at $138,000 after buying an additional 21,212 shares during the period. 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.