Free Trial

Sentinel Trust Co. LBA Decreases Stock Position in 374Water Inc. $SCWO

374Water logo with Business Services background
Image from MarketBeat Media, LLC.

Key Points

  • Sentinel Trust Co. LBA trimmed its stake by 90% in 374Water (NASDAQ:SCWO) during Q4, selling 361,170 shares and retaining 40,130 shares (~0.24% of the company) worth about $82,000.
  • Other institutional activity was mixed: D.A. Davidson increased its holding to 1,012,894 shares (+37.5%), several firms (CW Advisors, Qube, Marshall Wace, Two Sigma) opened smaller positions, and total institutional ownership is roughly 12.16%.
  • Analysts are negative on the stock—Weiss Ratings reaffirmed a Sell and the MarketBeat consensus is Sell; shares trade near $2.97 with a $51.8M market cap and a 12‑month range of $1.63–$10.90.
  • MarketBeat previews the top five stocks to own by June 1st.

Sentinel Trust Co. LBA trimmed its position in shares of 374Water Inc. (NASDAQ:SCWO - Free Report) by 90.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 40,130 shares of the company's stock after selling 361,170 shares during the quarter. Sentinel Trust Co. LBA owned approximately 0.24% of 374Water worth $82,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in SCWO. D.A. Davidson & CO. boosted its stake in 374Water by 37.5% during the 3rd quarter. D.A. Davidson & CO. now owns 1,012,894 shares of the company's stock worth $291,000 after purchasing an additional 276,349 shares during the last quarter. CW Advisors LLC acquired a new stake in shares of 374Water in the second quarter valued at about $117,000. Qube Research & Technologies Ltd purchased a new position in shares of 374Water in the second quarter worth about $93,000. Marshall Wace LLP purchased a new position in shares of 374Water in the second quarter worth about $57,000. Finally, Two Sigma Investments LP acquired a new position in 374Water during the third quarter worth about $41,000. 12.16% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of 374Water in a research note on Monday, April 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, 374Water has a consensus rating of "Sell".

View Our Latest Stock Analysis on SCWO

374Water Stock Performance

Shares of SCWO opened at $2.97 on Monday. 374Water Inc. has a 12-month low of $1.63 and a 12-month high of $10.90. The firm has a market capitalization of $51.80 million, a P/E ratio of -2.47 and a beta of -0.14. The firm has a 50-day moving average price of $2.85 and a 200 day moving average price of $3.03. The company has a current ratio of 1.40, a quick ratio of 1.05 and a debt-to-equity ratio of 0.01.

About 374Water

(Free Report)

374Water, Inc NASDAQ: SCWO develops and commercializes advanced water treatment technologies based on supercritical water oxidation (SCWO). The company’s flagship offering utilizes high-temperature and high-pressure conditions to oxidize organic contaminants in industrial and agricultural wastewater, converting harmful substances into benign end products such as clean water, carbon dioxide, and salts. This proprietary process is capable of destroying a wide range of pollutants, including hydrocarbons, PFAS, and biological sludges, without the need for harmful chemicals or lengthy residence times.

In addition to manufacturing modular SCWO reactors, 374Water provides end-to-end solutions encompassing system design, engineering, installation, pilot testing, commissioning, and ongoing maintenance.

Read More

Want to see what other hedge funds are holding SCWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for 374Water Inc. (NASDAQ:SCWO - Free Report).

Institutional Ownership by Quarter for 374Water (NASDAQ:SCWO)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in 374Water Right Now?

Before you consider 374Water, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and 374Water wasn't on the list.

While 374Water currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Click the link to see MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines