Tudor Investment Corp ET AL bought a new stake in shares of QXO, Inc. (NASDAQ:QXO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 44,051 shares of the company's stock, valued at approximately $700,000.
A number of other large investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. bought a new stake in QXO during the 3rd quarter valued at $2,219,000. Advyzon Investment Management LLC bought a new position in QXO during the 4th quarter valued at approximately $527,000. Blair William & Co. IL bought a new stake in shares of QXO in the 4th quarter worth approximately $229,000. Barclays PLC purchased a new stake in QXO in the fourth quarter worth $1,168,000. Finally, Pittenger & Anderson Inc. boosted its holdings in QXO by 4,376.7% in the fourth quarter. Pittenger & Anderson Inc. now owns 20,145 shares of the company's stock valued at $320,000 after acquiring an additional 19,695 shares in the last quarter. Hedge funds and other institutional investors own 58.68% of the company's stock.
QXO Price Performance
QXO stock traded up $0.92 during mid-day trading on Tuesday, reaching $15.37. 2,285,420 shares of the company traded hands, compared to its average volume of 2,528,349. The firm's 50 day moving average price is $13.42 and its 200 day moving average price is $14.43. QXO, Inc. has a 52-week low of $10.61 and a 52-week high of $290.00. The firm has a market capitalization of $6.87 billion, a price-to-earnings ratio of -1.69, a P/E/G ratio of 4.09 and a beta of 2.27.
About QXO
(
Free Report)
QXO, Inc operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence.
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