Geode Capital Management LLC Acquires 158,482 Shares of 374Water Inc. (NASDAQ:SCWO)

Geode Capital Management LLC raised its holdings in shares of 374Water Inc. (NASDAQ:SCWO) by 11.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,556,928 shares of the company’s stock after purchasing an additional 158,482 shares during the period. Geode Capital Management LLC’s holdings in 374Water were worth $2,118,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. increased its position in 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 buying an additional 83,198 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of 374Water in the third quarter worth $30,000. Compass Ion Advisors LLC increased its holdings 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 acquiring an additional 21,212 shares in the last quarter. D.A. Davidson & CO. raised its position in shares of 374Water by 10.6% in the 3rd 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, Icon Wealth Advisors LLC boosted its stake in 374Water by 1.7% in the 3rd quarter. Icon Wealth Advisors LLC now owns 1,166,612 shares of the company’s stock worth $1,587,000 after purchasing an additional 20,000 shares in the last quarter. 12.16% of the stock is currently owned by hedge funds and other institutional investors.

374Water Stock Performance

NASDAQ:SCWO opened at $0.69 on Wednesday. The firm has a market cap of $92.02 million, a P/E ratio of -8.64 and a beta of -0.43. 374Water Inc. has a fifty-two week low of $0.67 and a fifty-two week high of $1.99. The firm has a 50-day simple moving average of $1.04 and a two-hundred day simple moving average of $1.20.

Insider Activity at 374Water

In other 374Water news, CEO Chris M. Gannon acquired 120,000 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 $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 approximately $150,000. This represents a ? increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Yaacov Nagar sold 30,662 shares of 374Water stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $1.54, for a total value of $47,219.48. Following the completion of the sale, the insider now owns 37,163,258 shares of the company’s stock, valued at $57,231,417.32. The trade was a 0.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 172,800 shares of company stock valued at $216,000 and sold 135,847 shares valued at $214,564. 54.32% of the stock is owned by insiders.

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.