Investment House LLC Acquires New Holdings in QXO, Inc. (NASDAQ:QXO)

Investment House LLC bought a new position in shares of QXO, Inc. (NASDAQ:QXO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 44,390 shares of the company’s stock, valued at approximately $706,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brown Brothers Harriman & Co. acquired a new stake in shares of QXO during the third quarter valued at $41,000. SG Americas Securities LLC boosted its stake in shares of QXO by 45.8% during the 4th quarter. SG Americas Securities LLC now owns 9,544 shares of the company’s stock worth $152,000 after purchasing an additional 3,000 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in shares of QXO in the third quarter valued at approximately $166,000. Entropy Technologies LP purchased a new position in shares of QXO during the fourth quarter valued at approximately $169,000. Finally, CIBC Asset Management Inc purchased a new position in shares of QXO during the third quarter valued at approximately $186,000. Hedge funds and other institutional investors own 58.68% of the company’s stock.

QXO Stock Performance

Shares of QXO opened at $13.06 on Thursday. The stock has a fifty day moving average of $13.43 and a two-hundred day moving average of $14.79. The company has a market capitalization of $5.35 billion, a PE ratio of -1.43, a price-to-earnings-growth ratio of 4.09 and a beta of 2.35. QXO, Inc. has a fifty-two week low of $10.61 and a fifty-two week high of $290.00.

QXO 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.