Charles Schwab Investment Management Inc. Purchases 83,198 Shares of 374Water Inc. (NASDAQ:SCWO)

Charles Schwab Investment Management Inc. raised its holdings in shares of 374Water Inc. (NASDAQ:SCWO) by 20.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 498,529 shares of the company’s stock after acquiring an additional 83,198 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in 374Water were worth $678,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCWO. Sigma Planning Corp boosted its holdings in 374Water by 7.1% during the third quarter. Sigma Planning Corp now owns 135,193 shares of the company’s stock worth $184,000 after purchasing an additional 9,000 shares during the last quarter. Compass Ion Advisors LLC lifted its position in 374Water by 26.4% during the 3rd quarter. Compass Ion Advisors LLC now owns 101,647 shares of the company’s stock worth $138,000 after buying an additional 21,212 shares in the last quarter. Privium Fund Management B.V. acquired a new position in shares of 374Water during the 2nd quarter worth about $33,000. Finally, SG Americas Securities LLC bought a new position in shares of 374Water in the 3rd quarter valued at about $30,000. 12.16% of the stock is currently owned by institutional investors and hedge funds.

374Water Stock Performance

NASDAQ:SCWO opened at $0.73 on Thursday. 374Water Inc. has a 52-week low of $0.71 and a 52-week high of $2.09. The company has a market cap of $97.75 million, a P/E ratio of -9.18 and a beta of -0.58. The stock’s 50-day simple moving average is $1.30 and its 200 day simple moving average is $1.24.

Insiders Place Their Bets

In other news, Director Marc Deshusses acquired 32,000 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was bought at an average price of $1.25 per share, with a total value of $40,000.00. Following the transaction, the director now directly owns 22,652,451 shares in the company, valued at approximately $28,315,563.75. The trade was a 0.14 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Yaacov Nagar sold 30,662 shares of 374Water stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $1.54, for a total value of $47,219.48. Following the transaction, the insider now owns 37,163,258 shares of the company’s stock, valued at $57,231,417.32. The trade was a 0.08 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have purchased 172,800 shares of company stock valued at $216,000 and have sold 135,847 shares valued at $214,564. Insiders own 54.32% 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.