Charles Schwab Investment Management Inc. Has $678,000 Holdings in 374Water Inc. (NASDAQ:SCWO)

Charles Schwab Investment Management Inc. increased its stake in 374Water Inc. (NASDAQ:SCWO) by 20.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 498,529 shares of the company’s stock after purchasing an additional 83,198 shares during the period. Charles Schwab Investment Management Inc. owned 0.38% of 374Water worth $678,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Privium Fund Management B.V. bought a new stake in shares of 374Water during the second quarter worth $33,000. SG Americas Securities LLC bought a new position in shares of 374Water in the 3rd quarter valued at about $30,000. Compass Ion Advisors LLC grew its position 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 worth $138,000 after buying an additional 21,212 shares during the period. Finally, Sigma Planning Corp raised 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 worth $184,000 after buying an additional 9,000 shares during the last quarter. Institutional investors and hedge funds own 12.16% of the company’s stock.

374Water Price Performance

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

Insider Activity

In related news, Director Marc Deshusses bought 32,000 shares of the business’s stock in a transaction on Monday, November 18th. The shares were purchased at an average price of $1.25 per share, with a total value of $40,000.00. Following the completion of the purchase, the director now owns 22,652,451 shares of the company’s stock, valued at $28,315,563.75. This represents a 0.14 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Chris M. Gannon bought 120,000 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were bought 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 directly owns 120,000 shares in the company, valued at approximately $150,000. This trade represents a ∞ increase in their position. The disclosure for this purchase 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. 54.32% of the stock is currently owned by company insiders.

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.