Icon Wealth Advisors LLC Has $1.59 Million Position in 374Water Inc. (NASDAQ:SCWO)

Icon Wealth Advisors LLC raised its stake in shares of 374Water Inc. (NASDAQ:SCWO) by 1.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,166,612 shares of the company’s stock after purchasing an additional 20,000 shares during the period. Icon Wealth Advisors LLC owned 0.88% of 374Water worth $1,587,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SCWO. Vanguard Group Inc. grew its stake in 374Water by 13.3% in the 1st quarter. Vanguard Group Inc. now owns 3,382,249 shares of the company’s stock valued at $4,262,000 after buying an additional 396,756 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of 374Water in the third quarter valued at about $30,000. Privium Fund Management B.V. bought a new position in shares of 374Water in the second quarter worth about $33,000. Compass Ion Advisors LLC boosted its stake in 374Water by 26.4% during the 3rd quarter. Compass Ion Advisors LLC now owns 101,647 shares of the company’s stock valued at $138,000 after purchasing an additional 21,212 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in 374Water by 20.0% in 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 during the last quarter. Institutional investors own 12.16% of the company’s stock.

374Water Stock Down 3.4 %

Shares of SCWO stock opened at $1.01 on Friday. 374Water Inc. has a 12 month low of $0.83 and a 12 month high of $2.09. The firm has a market cap of $133.83 million, a PE ratio of -12.56 and a beta of -0.36. The stock has a 50 day moving average of $1.42 and a 200-day moving average of $1.28.

Insider Buying and Selling

In other news, Director Marc Deshusses bought 32,000 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were acquired at an average cost of $1.25 per share, with a total value of $40,000.00. Following the completion of the transaction, 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 ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Chris M. Gannon purchased 120,000 shares of the business’s stock in a transaction on Monday, November 18th. The stock was purchased at an average cost of $1.25 per share, with a total value of $150,000.00. Following the acquisition, the chief executive officer now owns 120,000 shares in the company, valued at approximately $150,000. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, 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 insiders.

About 374Water

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.