One68 Global Capital LLC bought a new stake in QXO, Inc. (NASDAQ:QXO - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 23,490 shares of the company's stock, valued at approximately $373,000.
Other large investors have also made changes to their positions in the company. T. Rowe Price Investment Management Inc. increased its position in 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 worth $173,091,000 after purchasing an additional 312,299 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of QXO by 24.6% in the 4th quarter. Vanguard Group Inc. now owns 10,039,864 shares of the company's stock worth $159,634,000 after purchasing an additional 1,979,147 shares during the period. Federated Hermes Inc. purchased a new stake in shares of QXO during the 4th quarter worth about $50,532,000. Charles Schwab Investment Management Inc. increased its position in QXO by 0.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,544,224 shares of the company's stock worth $24,553,000 after purchasing an additional 14,073 shares in the last quarter. Finally, Tsai Capital Corp raised its holdings in QXO by 6.3% in the fourth quarter. Tsai Capital Corp now owns 1,275,007 shares of the company's stock valued at $20,273,000 after buying an additional 75,007 shares during the period. Institutional investors and hedge funds own 58.68% of the company's stock.
QXO Trading Down 2.3 %
QXO traded down $0.33 during trading on Monday, hitting $13.94. 1,123,896 shares of the company's stock were exchanged, compared to its average volume of 3,217,885. QXO, Inc. has a 1 year low of $10.61 and a 1 year high of $290.00. The stock has a 50 day moving average price of $13.28 and a 200 day moving average price of $14.49. The firm has a market cap of $6.23 billion, a P/E ratio of -1.53, a price-to-earnings-growth ratio of 4.09 and a beta of 2.27.
QXO Company 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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