QXO, Inc. (NASDAQ:QXO) Stock Holdings Increased by Wellington Shields Capital Management LLC

Wellington Shields Capital Management LLC raised its position in shares of QXO, Inc. (NASDAQ:QXOFree Report) by 44.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 107,200 shares of the company’s stock after purchasing an additional 32,800 shares during the quarter. Wellington Shields Capital Management LLC’s holdings in QXO were worth $1,704,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Oppenheimer & Co. Inc. bought a new position in shares of QXO in the 3rd quarter worth about $442,000. CIBC Asset Management Inc bought a new position in QXO in the third quarter worth about $186,000. Claro Advisors LLC acquired a new position in QXO in the third quarter valued at approximately $612,000. Landscape Capital Management L.L.C. bought a new position in shares of QXO during the third quarter valued at approximately $622,000. Finally, Massachusetts Financial Services Co. MA bought a new position in shares of QXO during the third quarter valued at approximately $32,559,000. Institutional investors and hedge funds own 58.68% of the company’s stock.

QXO Trading Up 0.7 %

Shares of NASDAQ QXO opened at $12.67 on Friday. The company has a market cap of $5.19 billion, a price-to-earnings ratio of -1.39, a price-to-earnings-growth ratio of 4.09 and a beta of 2.35. QXO, Inc. has a 12-month low of $10.61 and a 12-month high of $290.00. The stock’s 50 day simple moving average is $13.66 and its 200 day simple moving average is $14.82.

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.

Further Reading

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Institutional Ownership by Quarter for QXO (NASDAQ:QXO)

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