Pittenger & Anderson Inc. lifted its position in shares of QXO, Inc. (NASDAQ:QXO - Free Report) by 4,376.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,145 shares of the company's stock after purchasing an additional 19,695 shares during the period. Pittenger & Anderson Inc.'s holdings in QXO were worth $320,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of the company. State of New Jersey Common Pension Fund D acquired a new position in shares of QXO during the 4th quarter worth about $2,099,000. Rhumbline Advisers grew its stake in QXO by 337.5% in the 4th quarter. Rhumbline Advisers now owns 21,000 shares of the company's stock valued at $334,000 after buying an additional 16,200 shares during the last quarter. Summit Trail Advisors LLC grew its stake in QXO by 1.3% in the 4th quarter. Summit Trail Advisors LLC now owns 115,967 shares of the company's stock valued at $1,844,000 after buying an additional 1,497 shares during the last quarter. Entropy Technologies LP acquired a new position in QXO in the 4th quarter valued at about $169,000. Finally, Silver Oak Securities Incorporated acquired a new position in QXO in the 4th quarter valued at about $372,000. 58.68% of the stock is currently owned by institutional investors and hedge funds.
QXO Stock Performance
QXO traded down $0.54 on Friday, reaching $12.55. The company had a trading volume of 1,693,713 shares, compared to its average volume of 1,948,346. QXO, Inc. has a fifty-two week low of $10.61 and a fifty-two week high of $290.00. The stock has a market cap of $5.14 billion, a P/E ratio of -1.38, a P/E/G ratio of 4.07 and a beta of 2.27. The company's fifty day moving average is $14.59 and its 200 day moving average is $14.74.
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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