Adrienne Anderson Acquires 10,000 Shares of 374Water Inc. (NASDAQ:SCWO) Stock

374Water Inc. (NASDAQ:SCWO) CFO Adrienne Anderson acquired 10,000 shares of the stock in a transaction on Monday, November 18th. The shares were acquired at an average price of $1.25 per share, with a total value of $12,500.00. Following the transaction, the chief financial officer now directly owns 71,762 shares of the company’s stock, valued at $89,702.50. The trade was a 16.19 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

374Water Price Performance

Shares of 374Water stock traded down $0.03 during trading on Tuesday, hitting $1.01. The stock had a trading volume of 234,798 shares, compared to its average volume of 128,577. The firm’s fifty day simple moving average is $1.52 and its 200-day simple moving average is $1.30. The stock has a market cap of $133.84 million, a PE ratio of -12.56 and a beta of -0.36. 374Water Inc. has a 12 month low of $0.83 and a 12 month high of $2.09.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in 374Water by 13.3% during the 1st quarter. Vanguard Group Inc. now owns 3,382,249 shares of the company’s stock valued at $4,262,000 after purchasing an additional 396,756 shares during the period. SG Americas Securities LLC acquired a new stake in 374Water during the 3rd quarter valued at approximately $30,000. Privium Fund Management B.V. purchased a new position in shares of 374Water during the 2nd quarter valued at approximately $33,000. Compass Ion Advisors LLC increased its holdings in shares of 374Water by 26.4% during the 3rd quarter. Compass Ion Advisors LLC now owns 101,647 shares of the company’s stock valued at $138,000 after purchasing an additional 21,212 shares in the last quarter. Finally, Barclays PLC increased its holdings in 374Water by 299.1% in the 3rd quarter. Barclays PLC now owns 94,506 shares of the company’s stock worth $128,000 after acquiring an additional 70,828 shares in the last quarter. Hedge funds and other institutional investors own 12.16% of the company’s stock.

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.