T. Rowe Price Investment Management Inc. grew its stake in QXO, Inc. (NASDAQ:QXO - Free Report) by 3.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,886,193 shares of the company's stock after buying an additional 312,299 shares during the quarter. T. Rowe Price Investment Management Inc. owned 2.66% of QXO worth $173,091,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also made changes to their positions in the company. SG Americas Securities LLC lifted its stake in QXO by 45.8% during the fourth quarter. SG Americas Securities LLC now owns 9,544 shares of the company's stock worth $152,000 after purchasing an additional 3,000 shares during the last quarter. Invesco Ltd. purchased a new stake in QXO during the fourth quarter worth approximately $164,000. Entropy Technologies LP purchased a new stake in QXO during the fourth quarter worth approximately $169,000. Wealth Effects LLC purchased a new stake in QXO during the fourth quarter worth approximately $191,000. Finally, Provident Wealth Management LLC purchased a new stake in QXO in the fourth quarter valued at approximately $198,000. Hedge funds and other institutional investors own 58.68% of the company's stock.
QXO Stock Performance
NASDAQ QXO traded up $0.02 on Tuesday, reaching $13.44. The stock had a trading volume of 912,339 shares, compared to its average volume of 2,456,455. QXO, Inc. has a 12-month low of $10.61 and a 12-month high of $290.00. The business's 50-day moving average price is $13.20 and its 200 day moving average price is $14.54. The stock has a market cap of $6.01 billion, a P/E ratio of -1.47, a price-to-earnings-growth ratio of 4.09 and a beta of 2.16.
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.
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