Deltec Asset Management LLC grew its position in shares of QXO, Inc. (NASDAQ:QXO – Free Report) by 320.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,000 shares of the company’s stock after purchasing an additional 32,000 shares during the quarter. Deltec Asset Management LLC’s holdings in QXO were worth $668,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Compagnie Lombard Odier SCmA increased its holdings in QXO by 2,000.0% in the third quarter. Compagnie Lombard Odier SCmA now owns 2,100 shares of the company’s stock valued at $33,000 after buying an additional 2,000 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of QXO during the 3rd quarter valued at about $41,000. SG Americas Securities LLC purchased a new position in shares of QXO in the 3rd quarter valued at about $103,000. Claro Advisors LLC acquired a new position in QXO in the 3rd quarter worth about $111,000. Finally, Diversify Wealth Management LLC purchased a new position in QXO during the third quarter worth approximately $156,000. 58.68% of the stock is currently owned by institutional investors and hedge funds.
QXO Stock Performance
Shares of QXO stock opened at $14.23 on Wednesday. QXO, Inc. has a fifty-two week low of $10.61 and a fifty-two week high of $290.00. The stock’s fifty day moving average is $15.48 and its two-hundred day moving average is $17.90. The firm has a market capitalization of $5.82 billion, a P/E ratio of 3.25, a PEG ratio of 3.32 and a beta of 2.28.
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.
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