Street Calls of the Week
Yaacov Nagar, a ten percent owner of 374Water Inc. (NASDAQ:SCWO), has sold a total of 1,063,868 shares of common stock in two separate transactions. The sale comes as the stock has declined 22.59% in the past week, though InvestingPro analysis indicates the stock may be undervalued at its current market cap of $72.07 million. On October 14, 2025, Nagar sold 700,000 shares at a weighted average price of $0.5163, with prices ranging from $0.5092 to $0.5231. The total value of this transaction was $361,410. On October 15, 2025, Nagar sold an additional 363,868 shares at a weighted average price of $0.5179, with prices ranging from $0.5103 to $0.5202, for a total of $188,447. Following these transactions, Nagar directly owns 33,194,457 shares of 374Water Inc. Despite the recent selling pressure, the stock has shown remarkable strength with an 84.52% gain over the past six months. Discover more insights about SCWO with a comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, 374Water Inc. reported its Q2 2025 earnings with a significant increase in revenue to $600,000, up from $37,000 the previous year. This growth was attributed to an increase in demonstration services and treatability studies. However, the company also reported a larger-than-expected net loss of $4.6 million, compared to $2.9 million in Q2 2024. Additionally, 374Water has made strategic leadership changes, appointing Stephen J. Jones as interim President and CEO, and Jim Siccardi as Senior Vice President of Investor Relations, aiming to bolster its commercialization efforts. In a positive operational development, the company successfully destroyed toxic PFAS in landfill leachate using its AirSCWO system, achieving over 99.99% destruction of the compounds. Meanwhile, several insiders, including former CEO Chris Gannon, have purchased shares in the company, indicating confidence in its technology and future prospects.
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