State of Wyoming raised its position in shares of QXO, Inc. (NASDAQ:QXO - Free Report) by 8,280.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,353 shares of the company's stock after purchasing an additional 18,134 shares during the quarter. State of Wyoming's holdings in QXO were worth $292,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Federated Hermes Inc. purchased a new stake in shares of QXO during the fourth quarter worth about $50,532,000. Vanguard Group Inc. grew its holdings in QXO by 24.6% during the 4th quarter. Vanguard Group Inc. now owns 10,039,864 shares of the company's stock valued at $159,634,000 after buying an additional 1,979,147 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of QXO by 523.9% during the fourth quarter. JPMorgan Chase & Co. now owns 877,902 shares of the company's stock valued at $13,959,000 after buying an additional 737,192 shares during the last quarter. Swiss National Bank purchased a new position in shares of QXO in the fourth quarter worth $10,884,000. Finally, Barrier Capital Management LLC lifted its holdings in shares of QXO by 94.0% in the fourth quarter. Barrier Capital Management LLC now owns 1,227,411 shares of the company's stock worth $19,516,000 after buying an additional 594,604 shares in the last quarter. 58.68% of the stock is currently owned by institutional investors.
QXO Stock Performance
QXO opened at $16.86 on Friday. The stock has a market capitalization of $7.54 billion, a price-to-earnings ratio of -1.85, a PEG ratio of 4.09 and a beta of 2.27. The company has a fifty day moving average of $14.03 and a 200 day moving average of $14.53. QXO, Inc. has a fifty-two week low of $10.61 and a fifty-two week high of $290.00.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider QXO, 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 QXO wasn't on the list.
While QXO currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
