Geode Capital Management LLC Lowers Stake in QXO, Inc. (NASDAQ:QXO)

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Geode Capital Management LLC cut its position in QXO, Inc. (NASDAQ:QXO – Free Report) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,836,811 shares of the company’s stock after selling 16,842 shares during the period. Geode Capital [...]

Geode Capital Management LLC cut its position in QXO, Inc. ( NASDAQ:QXO – Free Report ) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC).

The institutional investor owned 2,836,811 shares of the company’s stock after selling 16,842 shares during the period. Geode Capital Management LLC owned about 0.69% of QXO worth $45,126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).



Other institutional investors and hedge funds have also recently modified their holdings of the company. SG Americas Securities LLC increased its stake in QXO by 45.8% in the 4th quarter.

SG Americas Securities LLC now owns 9,544 shares of the company’s stock worth $152,000 after buying an additional 3,000 shares in the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of QXO during the third quarter worth about $166,000. Entropy Technologies LP purchased a new stake in shares of QXO during the fourth quarter worth about $169,000.

Wealth Effects LLC bought a new stake in QXO during the 4th quarter valued at approximately $191,000. Finally, Provident Wealth Management LLC purchased a new position in QXO in the 4th quarter worth approximately $198,000. 58.

68% of the stock is currently owned by institutional investors. QXO Price Performance Shares of QXO opened at $14.54 on Tuesday.

The firm has a market cap of $5.95 billion, a P/E ratio of -1.59, a price-to-earnings-growth ratio of 4.

09 and a beta of 2.16. QXO, Inc.

has a 1 year low of $10.61 and a 1 year high of $290.00.

The company has a 50 day simple moving average of $13.23 and a two-hundred day simple moving average of $14.65.

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. Further Reading Receive News & Ratings for QXO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QXO and related companies with MarketBeat.

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