James Pawloski Spends US$51k On 374Water Stock

Whilst it may not be a huge deal, we thought it was good to see that the 374Water Inc. (NASDAQ:SCWO) Independent Director, James Pawloski, recently bought US$51k worth of stock, for US$0.26 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

374Water Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Independent Director James Vanderhider for US$313k worth of shares, at about US$1.25 per share. That means that an insider was happy to buy shares at above the current price of US$0.34. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

Over the last year, we can see that insiders have bought 964.69k shares worth US$774k. But insiders sold 1.75m shares worth US$1.5m. Yaacov Nagar divested 1.75m shares over the last 12 months at an average price of US$0.84. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for 374Water

I will like 374Water better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does 374Water Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that 374Water insiders own 46% of the company, worth about US$25m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About 374Water Insiders?

Unfortunately, there has been more insider selling of 374Water stock, than buying, in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing 374Water. For instance, we've identified 6 warning signs for 374Water (3 shouldn't be ignored) you should be aware of.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.