Barclays PLC Grows Stock Holdings in 374Water Inc. (NASDAQ:SCWO)

Barclays PLC increased its stake in shares of 374Water Inc. (NASDAQ:SCWO) by 299.1% during the third quarter, Holdings Channel reports. The institutional investor owned 94,506 shares of the company’s stock after acquiring an additional 70,828 shares during the period. Barclays PLC’s holdings in 374Water were worth $128,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SCWO. Icon Wealth Advisors LLC lifted its holdings in shares of 374Water by 1.7% in the third quarter. Icon Wealth Advisors LLC now owns 1,166,612 shares of the company’s stock valued at $1,587,000 after purchasing an additional 20,000 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of 374Water by 20.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 498,529 shares of the company’s stock valued at $678,000 after purchasing an additional 83,198 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of 374Water by 10.6% in the third quarter. D.A. Davidson & CO. now owns 432,535 shares of the company’s stock valued at $588,000 after purchasing an additional 41,620 shares in the last quarter. Sigma Planning Corp lifted its stake in shares of 374Water by 7.1% during the third quarter. Sigma Planning Corp now owns 135,193 shares of the company’s stock valued at $184,000 after buying an additional 9,000 shares during the period. Finally, Compass Ion Advisors LLC lifted its stake in shares of 374Water by 26.4% during the third 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. Hedge funds and other institutional investors own 12.16% of the company’s stock.

Insider Activity at 374Water

In related news, CEO Chris M. Gannon purchased 120,000 shares of the company’s stock in a transaction that occurred 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 transaction, 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 position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Marc Deshusses purchased 32,000 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The shares were bought at an average cost 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 of the company’s stock, valued at $28,315,563.75. The trade was a 0.14 % increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 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.

374Water Stock Performance

Shares of SCWO opened at $0.68 on Thursday. The company has a market capitalization of $90.69 million, a price-to-earnings ratio of -8.51 and a beta of -0.43. The company’s 50 day simple moving average is $1.00 and its 200 day simple moving average is $1.19. 374Water Inc. has a 1 year low of $0.67 and a 1 year high of $1.99.

374Water 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.