Settian Capital LP bought a new stake in QXO, Inc. (NASDAQ:QXO - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 130,000 shares of the company's stock, valued at approximately $2,067,000. QXO comprises approximately 1.5% of Settian Capital LP's portfolio, making the stock its 18th biggest position.
A number of other institutional investors and hedge funds have also recently modified their holdings of QXO. Brown Brothers Harriman & Co. bought a new stake in shares of QXO in the third quarter valued at approximately $41,000. SG Americas Securities LLC raised its holdings in QXO by 45.8% during the 4th quarter. SG Americas Securities LLC now owns 9,544 shares of the company's stock valued at $152,000 after acquiring an additional 3,000 shares during the period. BNP Paribas Financial Markets bought a new stake in QXO during the 3rd quarter valued at $166,000. Entropy Technologies LP purchased a new stake in shares of QXO during the fourth quarter worth $169,000. Finally, CIBC Asset Management Inc bought a new position in shares of QXO in the third quarter worth $186,000. 58.68% of the stock is owned by institutional investors.
QXO Stock Performance
QXO stock traded up $1.09 during mid-day trading on Monday, hitting $13.76. 6,870,293 shares of the company traded hands, compared to its average volume of 2,139,957. QXO, Inc. has a one year low of $10.61 and a one year high of $290.00. The stock has a market cap of $5.63 billion, a price-to-earnings ratio of -1.51, a price-to-earnings-growth ratio of 4.09 and a beta of 2.35. The stock has a fifty day moving average price of $13.31 and a 200-day moving average price of $14.80.
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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