Landscape Capital Management L.L.C. bought a new stake in shares of QXO, Inc. (NASDAQ:QXO - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 39,467 shares of the company's stock, valued at approximately $622,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC acquired a new position in QXO during the third quarter worth about $42,593,000. Driehaus Capital Management LLC bought a new position in shares of QXO during the 2nd quarter valued at about $160,859,000. Millennium Management LLC acquired a new position in shares of QXO in the 2nd quarter worth approximately $159,247,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of QXO in the 3rd quarter worth approximately $934,000. Finally, Claro Advisors LLC acquired a new stake in QXO during the third quarter valued at approximately $612,000. 58.68% of the stock is currently owned by institutional investors.
Insider Transactions at QXO
In other QXO news, major shareholder Mfn Partners, Lp sold 795,894 shares of the business's stock in a transaction on Monday, August 26th. The shares were sold at an average price of $15.05, for a total transaction of $11,978,204.70. Following the sale, the insider now directly owns 53,908,701 shares of the company's stock, valued at $811,325,950.05. The trade was a 1.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 51.30% of the stock is owned by insiders.
QXO Stock Up 2.4 %
QXO stock traded up $0.40 during mid-day trading on Friday, hitting $17.04. The company's stock had a trading volume of 2,497,499 shares, compared to its average volume of 2,605,251. The firm has a market capitalization of $6.98 billion, a PE ratio of -1.87, a P/E/G ratio of 2.60 and a beta of 2.32. QXO, Inc. has a twelve month low of $10.61 and a twelve month high of $290.00. The firm's fifty day simple moving average is $15.26.
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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