Pittenger & Anderson Inc. Grows Stock Holdings in QXO, Inc. (NASDAQ:QXO)

Pittenger & Anderson Inc. grew its holdings in QXO, Inc. (NASDAQ:QXO) by 4,376.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,145 shares of the company’s stock after acquiring an additional 19,695 shares during the period. Pittenger & Anderson Inc.’s holdings in QXO were worth $320,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in QXO. JPMorgan Chase & Co. purchased a new position in QXO in the 3rd quarter worth approximately $2,219,000. Finepoint Capital LP acquired a new position in shares of QXO during the third quarter worth $406,090,000. State Street Corp purchased a new position in shares of QXO in the third quarter valued at $16,245,000. Summit Trail Advisors LLC acquired a new stake in QXO during the 3rd quarter valued at $1,805,000. Finally, Stifel Financial Corp purchased a new stake in QXO during the 3rd quarter worth $568,000. Institutional investors and hedge funds own 58.68% of the company’s stock.

QXO Price Performance

Shares of QXO stock opened at $13.18 on Tuesday. The company’s fifty day moving average price is $14.83 and its two-hundred day moving average price is $14.75. The firm has a market capitalization of $5.39 billion, a P/E ratio of 3.31, a P/E/G ratio of 3.39 and a beta of 2.27. QXO, Inc. has a 12 month low of $10.61 and a 12 month high of $290.00.

About QXO

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.