Investment House LLC Purchases Shares of 44,390 QXO, Inc. (NASDAQ:QXO)

Investment House LLC acquired a new position in QXO, Inc. (NASDAQ:QXO) during the fourth quarter, HoldingsChannel reports. The firm acquired 44,390 shares of the company’s stock, valued at approximately $706,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Finepoint Capital LP purchased a new stake in QXO during the 3rd quarter worth $406,090,000. Geode Capital Management LLC lifted its stake in shares of QXO by 64,992.4% during the third quarter. Geode Capital Management LLC now owns 2,853,653 shares of the company’s stock worth $45,019,000 after purchasing an additional 2,849,269 shares in the last quarter. Massachusetts Financial Services Co. MA purchased a new stake in shares of QXO in the third quarter worth about $32,559,000. Charles Schwab Investment Management Inc. grew its stake in shares of QXO by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,544,224 shares of the company’s stock valued at $24,553,000 after buying an additional 14,073 shares in the last quarter. Finally, State Street Corp purchased a new stake in shares of QXO during the 3rd quarter valued at about $16,245,000. 58.68% of the stock is owned by institutional investors and hedge funds.

QXO Stock Up 0.5 %

NASDAQ QXO opened at $13.06 on Thursday. QXO, Inc. has a fifty-two week low of $10.61 and a fifty-two week high of $290.00. The business has a 50 day moving average price of $13.43 and a two-hundred day moving average price of $14.79. The stock has a market cap of $5.35 billion, a PE ratio of -1.43, a P/E/G ratio of 4.09 and a beta of 2.35.

QXO Company Profile

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.