Capital Management Associates NY purchased a new position in shares of QXO, Inc. (NASDAQ:QXO - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 25,000 shares of the company's stock, valued at approximately $398,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Brown Brothers Harriman & Co. purchased a new stake in QXO in the 3rd quarter valued at approximately $41,000. SG Americas Securities LLC boosted its stake in shares of QXO by 45.8% during the 4th quarter. SG Americas Securities LLC now owns 9,544 shares of the company's stock worth $152,000 after acquiring an additional 3,000 shares in the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of QXO during the 3rd quarter worth approximately $166,000. Entropy Technologies LP purchased a new stake in shares of QXO during the 4th quarter worth approximately $169,000. Finally, CIBC Asset Management Inc purchased a new stake in shares of QXO during the 3rd quarter worth approximately $186,000. Hedge funds and other institutional investors own 58.68% of the company's stock.
QXO Trading Up 0.5 %
Shares of NASDAQ:QXO traded up $0.07 during trading on Wednesday, hitting $13.06. 5,293,567 shares of the stock were exchanged, compared to its average volume of 2,040,957. The company has a fifty day moving average price of $13.48 and a two-hundred day moving average price of $14.81. The company has a market cap of $5.35 billion, a PE ratio of -1.43, a P/E/G ratio of 4.09 and a beta of 2.35. QXO, Inc. has a 12-month low of $10.61 and a 12-month high of $290.00.
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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