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

Virtu Financial LLC purchased a new stake in shares of 374Water Inc. (NASDAQ:SCWO) during the 3rd quarter, HoldingsChannel reports. The fund purchased 21,756 shares of the company’s stock, valued at approximately $30,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Privium Fund Management B.V. acquired a new position in 374Water during the second quarter worth about $33,000. SG Americas Securities LLC acquired a new position in shares of 374Water in the 3rd quarter worth approximately $30,000. Compass Ion Advisors LLC raised its holdings in shares of 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 purchasing an additional 21,212 shares in the last quarter. Sigma Planning Corp lifted its stake in 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 purchasing an additional 9,000 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in 374Water by 20.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 498,529 shares of the company’s stock worth $678,000 after buying an additional 83,198 shares in the last quarter. Institutional investors own 12.16% of the company’s stock.

Insider Transactions at 374Water

In other news, Director Marc Deshusses bought 32,000 shares of the firm’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 $40,000.00. Following the completion of the acquisition, the director now directly owns 22,652,451 shares in the company, valued at $28,315,563.75. This represents a 0.14 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder Yaacov Nagar sold 44,557 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $1.77, for a total transaction of $78,865.89. Following the sale, the insider now owns 37,666,195 shares in the company, valued at $66,669,165.15. This represents a 0.12 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, 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 owned by insiders.

374Water Stock Performance

NASDAQ SCWO opened at $0.75 on Friday. The stock has a market capitalization of $99.24 million, a P/E ratio of -9.32 and a beta of -0.58. The business’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.

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.