Barclays PLC Invests $1.17 Million in QXO, Inc. (NASDAQ:QXO)

Barclays PLC purchased a new stake in QXO, Inc. (NASDAQ:QXO - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 73,485 shares of the company's stock, valued at approximately $1,168,000.

Several other large investors have also recently made changes to their positions in the stock. SG Americas Securities LLC grew its stake in QXO by 45.8% in the fourth quarter. SG Americas Securities LLC now owns 9,544 shares of the company's stock valued at $152,000 after purchasing an additional 3,000 shares during the last quarter. Invesco Ltd. bought a new position in shares of QXO during the 4th quarter worth approximately $164,000. Entropy Technologies LP purchased a new stake in QXO during the fourth quarter valued at approximately $169,000. Wealth Effects LLC acquired a new stake in QXO in the fourth quarter valued at approximately $191,000. Finally, Provident Wealth Management LLC purchased a new position in QXO in the fourth quarter worth $198,000. 58.68% of the stock is owned by institutional investors.

QXO Stock Down 0.4 %

Shares of QXO stock traded down $0.06 during trading on Friday, reaching $13.83. The company's stock had a trading volume of 3,285,277 shares, compared to its average volume of 2,517,923. QXO, Inc. has a 1-year low of $10.61 and a 1-year high of $290.00. The company has a 50-day simple moving average of $13.40 and a two-hundred day simple moving average of $14.44. The company has a market cap of $6.18 billion, a price-to-earnings ratio of -1.52, a P/E/G ratio of 4.09 and a beta of 2.27.

QXO Company Profile

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.