Virtu Financial LLC Invests $30,000 in 374Water Inc. (NASDAQ:SCWO)

Virtu Financial LLC bought a new stake in 374Water Inc. (NASDAQ:SCWO) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 21,756 shares of the company’s stock, valued at approximately $30,000.

Other large investors have also modified their holdings of the company. Geode Capital Management LLC raised its stake in 374Water by 11.3% during the third quarter. Geode Capital Management LLC now owns 1,556,928 shares of the company’s stock valued at $2,118,000 after buying an additional 158,482 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of 374Water by 20.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 498,529 shares of the company’s stock valued at $678,000 after acquiring an additional 83,198 shares during the last quarter. Barclays PLC raised its position in shares of 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 acquiring an additional 70,828 shares in the last quarter. D.A. Davidson & CO. lifted its stake in 374Water by 10.6% during the third quarter. D.A. Davidson & CO. now owns 432,535 shares of the company’s stock worth $588,000 after purchasing an additional 41,620 shares during the last quarter. Finally, Privium Fund Management B.V. acquired a new position in 374Water in the second quarter worth $33,000. Institutional investors own 12.16% of the company’s stock.

Insider Activity at 374Water

In related news, major shareholder Yaacov Nagar sold 30,662 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $1.54, for a total transaction of $47,219.48. Following the completion of the transaction, the insider now directly owns 37,163,258 shares in the company, valued at $57,231,417.32. This represents a 0.08 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Chris M. Gannon bought 120,000 shares of the company’s stock in a transaction on Monday, November 18th. The stock was bought at an average cost of $1.25 per share, for a total transaction of $150,000.00. Following the completion of the transaction, the chief executive officer now directly owns 120,000 shares of the company’s stock, valued at $150,000. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 172,800 shares of company stock valued at $216,000 and sold 135,847 shares valued at $214,564. Insiders own 54.32% of the company’s stock.

374Water Stock Performance

Shares of NASDAQ:SCWO opened at $0.75 on Friday. The company’s fifty day moving average is $1.27 and its two-hundred day moving average is $1.24. 374Water Inc. has a 1-year low of $0.71 and a 1-year high of $2.09. The stock has a market capitalization of $99.24 million, a price-to-earnings ratio of -9.32 and a beta of -0.58.

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.