13,144 Shares in QXO, Inc. (NASDAQ:QXO) Acquired by KBC Group NV

KBC Group NV acquired a new position in shares of QXO, Inc. (NASDAQ:QXO) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 13,144 shares of the company’s stock, valued at approximately $209,000.

Other large investors also recently added to or reduced their stakes in the company. Compagnie Lombard Odier SCmA grew its position in QXO by 2,000.0% during the third quarter. Compagnie Lombard Odier SCmA now owns 2,100 shares of the company’s stock valued at $33,000 after purchasing an additional 2,000 shares in the last quarter. Brown Brothers Harriman & Co. purchased a new position in shares of QXO during the 3rd quarter valued at $41,000. SG Americas Securities LLC acquired a new position in shares of QXO in the third quarter worth $103,000. Claro Advisors LLC purchased a new stake in shares of QXO during the third quarter worth $111,000. Finally, Diversify Wealth Management LLC acquired a new stake in QXO during the third quarter valued at $156,000. 58.68% of the stock is owned by institutional investors and hedge funds.

QXO Price 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 50-day moving average is $15.48 and its two-hundred day moving average is $17.90. The firm has a market cap of $5.82 billion, a P/E ratio of -1.56, 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.