One68 Global Capital LLC purchased a new stake in shares of QXO, Inc. (NASDAQ:QXO - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 23,490 shares of the company's stock, valued at approximately $373,000.
Several other large investors have also recently modified their holdings of the business. T. Rowe Price Investment Management Inc. raised its stake in shares of QXO by 3.0% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 10,886,193 shares of the company's stock valued at $173,091,000 after acquiring an additional 312,299 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of QXO by 24.6% during the fourth quarter. Vanguard Group Inc. now owns 10,039,864 shares of the company's stock valued at $159,634,000 after acquiring an additional 1,979,147 shares during the last quarter. Federated Hermes Inc. bought a new position in shares of QXO during the fourth quarter valued at $50,532,000. Charles Schwab Investment Management Inc. raised its stake in shares of QXO by 0.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,544,224 shares of the company's stock valued at $24,553,000 after acquiring an additional 14,073 shares during the last quarter. Finally, Tsai Capital Corp raised its stake in shares of QXO by 6.3% during the fourth quarter. Tsai Capital Corp now owns 1,275,007 shares of the company's stock valued at $20,273,000 after acquiring an additional 75,007 shares during the last quarter. Institutional investors own 58.68% of the company's stock.
QXO Stock Down 1.3 %
Shares of NASDAQ QXO opened at $13.24 on Wednesday. QXO, Inc. has a twelve month low of $10.61 and a twelve month high of $290.00. The firm has a fifty day simple moving average of $13.20 and a 200 day simple moving average of $14.53. The company has a market capitalization of $5.92 billion, a PE ratio of -1.45, a P/E/G ratio of 4.09 and a beta of 2.16.
QXO Profile
(
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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