Amundi grew its holdings in shares of QXO, Inc. (NASDAQ:QXO - Free Report) by 174.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 565,583 shares of the company's stock after purchasing an additional 359,780 shares during the quarter. Amundi owned approximately 0.14% of QXO worth $8,642,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Finepoint Capital LP bought a new stake in QXO during the third quarter valued at about $406,090,000. Geode Capital Management LLC grew its stake in shares of QXO by 64,992.4% during the 3rd quarter. Geode Capital Management LLC now owns 2,853,653 shares of the company's stock valued at $45,019,000 after acquiring an additional 2,849,269 shares during the period. Massachusetts Financial Services Co. MA purchased a new stake in QXO in the 3rd quarter worth approximately $32,559,000. Charles Schwab Investment Management Inc. bought a new stake in QXO during the 3rd quarter worth approximately $24,130,000. Finally, State Street Corp purchased a new position in QXO during the third quarter valued at approximately $16,245,000. Hedge funds and other institutional investors own 58.68% of the company's stock.
QXO Stock Performance
Shares of NASDAQ QXO traded up $0.01 during midday trading on Tuesday, reaching $13.01. The stock had a trading volume of 2,482,687 shares, compared to its average volume of 2,024,361. The company has a market capitalization of $5.32 billion, a price-to-earnings ratio of -1.43, a price-to-earnings-growth 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. The stock has a 50-day moving average of $13.54 and a 200-day moving average of $14.81.
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.
Featured Articles
Before you consider QXO, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and QXO wasn't on the list.
While QXO currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
