On November 18, 2024, Deanna Estes, a Director at 374Water Inc (SCWO, Financial), purchased 24,000 shares of the company. Following this transaction, the insider now owns a total of 76,500 shares. The purchase was documented in an SEC Filing.
374Water Inc is a company focused on providing innovative water and waste management solutions. The company aims to address global water scarcity and pollution challenges through its advanced technologies.
The insider's recent purchase is part of a broader trend within the company. Over the past year, there have been six insider buys and seven insider sells at 374Water Inc. This indicates a mixed sentiment among insiders regarding the company's future prospects.
On the day of the purchase, shares of 374Water Inc were trading at $1.25 each, resulting in a market cap of $143.666 million. The stock's GF Value was estimated at $0.56, giving it a price-to-GF-Value ratio of 2.23. This suggests that the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
