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Yaacov Nagar, a director at 374Water Inc (NASDAQ:SCWO), sold 63,702 shares of common stock in two transactions, according to a Form 4 filing with the Securities and Exchange Commission. The sales totaled $25,596, coming at a time when the stock has declined nearly 66% over the past year. InvestingPro data shows the company’s market capitalization stands at $53.55 million.
On June 16, 2025, Nagar sold 6,052 shares at $0.40 per share. Following this, on June 18, 2025, he sold 57,650 shares in multiple trades, with prices ranging from $0.400 to $0.402 per share. According to InvestingPro, the stock typically trades with high volatility and has seen a significant 45.6% decline over the past six months.
After these transactions, Nagar directly owns 36,181,237 shares of 374Water Inc. InvestingPro analysis suggests the stock is currently undervalued, despite facing challenges with rapid cash burn and weak gross profit margins. Real-time valuation insights and 14 additional ProTips are available with an InvestingPro subscription.
In other recent news, 374Water Inc. reported a substantial 72.4% increase in revenue for the first quarter of 2025, reaching $543,000. Despite this growth, the company faced a widened net loss of $3.7 million, up from $2 million the previous year, due to increased operating expenses, which rose to $3.9 million. The company did not meet its earnings forecast, raising concerns among investors. 374Water has projected its 2025 revenue to be between $4 million and $6 million. The company remains optimistic about its growth prospects, with plans to achieve annual revenue between $250 million and $500 million within five years. The company has also been active in strategic partnerships, including a notable collaboration with Crystal Clean, which could generate $12 million to $20 million annually. Additionally, 374Water is involved in several projects, such as a Department of Defense demonstration and a contract with the University of North Carolina, aimed at future growth. These developments highlight the company’s ongoing efforts to expand its market presence and commercialize its technology.
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