Wellington Shields Capital Management LLC increased its holdings in shares of QXO, Inc. (NASDAQ:QXO - Free Report) by 44.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 107,200 shares of the company's stock after acquiring an additional 32,800 shares during the quarter. Wellington Shields Capital Management LLC's holdings in QXO were worth $1,704,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. acquired a new position in QXO in the 3rd quarter valued at about $41,000. SG Americas Securities LLC raised its stake in shares of QXO by 45.8% in 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 purchased a new stake in shares of QXO in the 3rd quarter valued at approximately $166,000. Entropy Technologies LP purchased a new stake in shares of QXO in the 4th quarter valued at approximately $169,000. Finally, CIBC Asset Management Inc purchased a new stake in shares of QXO in the 3rd quarter valued at approximately $186,000. 58.68% of the stock is currently owned by institutional investors and hedge funds.
QXO Trading Up 0.0 %
QXO traded up $0.01 during trading hours on Tuesday, hitting $13.01. 2,482,687 shares of the company's stock were exchanged, compared to its average volume of 2,024,361. QXO, Inc. has a 12-month low of $10.61 and a 12-month high of $290.00. The firm has a 50 day moving average of $13.54 and a 200 day moving average of $14.81. The firm has a market cap of $5.32 billion, a P/E ratio of -1.43, a price-to-earnings-growth ratio of 4.09 and a beta of 2.35.
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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