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

Barclays PLC raised its stake in 374Water Inc. (NASDAQ:SCWO) by 299.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 94,506 shares of the company’s stock after acquiring an additional 70,828 shares during the period. Barclays PLC owned approximately 0.07% of 374Water worth $128,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in shares of 374Water in the third quarter worth about $30,000. Compass Ion Advisors LLC increased its stake in 374Water by 26.4% in the 3rd quarter. Compass Ion Advisors LLC now owns 101,647 shares of the company’s stock worth $138,000 after acquiring an additional 21,212 shares during the last quarter. Sigma Planning Corp raised its holdings in shares of 374Water by 7.1% during the 3rd quarter. Sigma Planning Corp now owns 135,193 shares of the company’s stock worth $184,000 after acquiring an additional 9,000 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of 374Water by 20.0% during 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. Finally, D.A. Davidson & CO. grew 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. Hedge funds and other institutional investors own 12.16% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 374Water in a research note on Saturday, January 18th.

374Water Trading Down 2.8 %

Shares of NASDAQ:SCWO opened at $0.57 on Friday. The company has a 50-day moving average price of $0.82 and a 200 day moving average price of $1.16. 374Water Inc. has a 12 month low of $0.54 and a 12 month high of $1.99. The company has a market cap of $76.08 million, a price-to-earnings ratio of -7.14 and a beta of -0.43.

Insiders Place Their Bets

In other 374Water news, major shareholder Yaacov Nagar sold 37,832 shares of the business’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $1.41, for a total value of $53,343.12. Following the completion of the sale, the insider now directly owns 37,499,420 shares of the company’s stock, valued at $52,874,182.20. The trade was a 0.10 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Chris M. Gannon bought 120,000 shares of 374Water stock in a transaction dated Monday, November 18th. The shares were 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 owns 120,000 shares of the company’s stock, valued at approximately $150,000. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders bought 172,800 shares of company stock valued at $216,000 and sold 286,757 shares valued at $312,325. 54.32% of the stock is owned by 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.