Stifel Financial Corp decreased its stake in QXO, Inc. (NASDAQ:QXO - Free Report) by 62.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,613 shares of the company's stock after selling 22,400 shares during the quarter. Stifel Financial Corp's holdings in QXO were worth $216,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of QXO. SG Americas Securities LLC raised its stake in QXO by 45.8% during the 4th 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 period. Invesco Ltd. purchased a new position in shares of QXO during the fourth quarter valued at $164,000. Entropy Technologies LP purchased a new stake in QXO in the 4th quarter worth about $169,000. Wealth Effects LLC purchased a new position in QXO during the 4th quarter valued at about $191,000. Finally, Provident Wealth Management LLC purchased a new position in QXO during the 4th quarter valued at about $198,000. Hedge funds and other institutional investors own 58.68% of the company's stock.
QXO Price Performance
NASDAQ QXO opened at $17.02 on Thursday. The company has a 50 day simple moving average of $13.96 and a 200-day simple moving average of $14.52. The firm has a market capitalization of $7.61 billion, a price-to-earnings ratio of -1.87, a price-to-earnings-growth ratio of 4.09 and a beta of 2.27. QXO, Inc. has a 52-week low of $10.61 and a 52-week high of $290.00.
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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