Massachusetts Financial Services Co. MA cut its holdings in QXO, Inc. (NASDAQ:QXO - Free Report) by 9.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,877,586 shares of the company's stock after selling 187,022 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.46% of QXO worth $29,854,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the business. SG Americas Securities LLC grew its stake in shares of QXO by 45.8% in the fourth 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 during the period. BNP Paribas Financial Markets bought a new stake in QXO in the 3rd quarter worth approximately $166,000. Entropy Technologies LP purchased a new stake in QXO during the 4th quarter valued at $169,000. Wealth Effects LLC bought a new position in shares of QXO during the 4th quarter valued at $191,000. Finally, Provident Wealth Management LLC purchased a new position in shares of QXO in the 4th quarter worth $198,000. 58.68% of the stock is currently owned by hedge funds and other institutional investors.
QXO Price Performance
Shares of QXO traded up $0.70 during trading hours on Friday, hitting $13.90. The stock had a trading volume of 1,679,161 shares, compared to its average volume of 2,232,146. QXO, Inc. has a 12 month low of $10.61 and a 12 month high of $290.00. The stock has a fifty day moving average price of $13.23 and a 200 day moving average price of $14.66. The firm has a market capitalization of $5.69 billion, a PE ratio of -1.52, a PEG ratio of 4.09 and a beta of 2.16.
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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