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

374Water Inc. (NASDAQ:SCWO) Director Marc Deshusses purchased 32,000 shares of the stock in a transaction dated Monday, November 18th. The shares were acquired at an average price of $1.25 per share, with a total value of $40,000.00. Following the transaction, the director now owns 22,652,451 shares in the company, valued at $28,315,563.75. This trade represents a 0.14 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

374Water Stock Performance

Shares of SCWO stock opened at $1.01 on Wednesday. The firm’s 50 day moving average price is $1.52 and its two-hundred day moving average price is $1.30. 374Water Inc. has a 52-week low of $0.83 and a 52-week 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

Several hedge funds and other institutional investors have recently made changes to their positions in SCWO. SG Americas Securities LLC bought a new stake in 374Water in the third quarter valued at about $30,000. Privium Fund Management B.V. acquired a new position in shares of 374Water during the 2nd quarter worth about $33,000. Barclays PLC increased its stake in shares of 374Water by 299.1% in the 3rd quarter. Barclays PLC now owns 94,506 shares of the company’s stock valued at $128,000 after acquiring an additional 70,828 shares during the last quarter. Compass Ion Advisors LLC increased its stake in shares of 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 acquiring an additional 21,212 shares during the last quarter. Finally, Sigma Planning Corp raised its position in shares of 374Water by 7.1% in the 3rd quarter. Sigma Planning Corp now owns 135,193 shares of the company’s stock valued at $184,000 after acquiring an additional 9,000 shares during the period. 12.16% of the stock is currently owned by institutional investors.

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.