QXO, Inc. (NASDAQ:QXO) Shares Bought by Canton Hathaway LLC

Canton Hathaway LLC raised its position in QXO, Inc. (NASDAQ:QXO) by 671.4% in the 4th quarter, Holdings Channel reports. The fund owned 140,387 shares of the company’s stock after acquiring an additional 122,187 shares during the period. QXO accounts for approximately 0.6% of Canton Hathaway LLC’s holdings, making the stock its 25th biggest position. Canton Hathaway LLC’s holdings in QXO were worth $2,232,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brown Brothers Harriman & Co. acquired a new stake in shares of QXO in the 3rd quarter worth approximately $41,000. SG Americas Securities LLC purchased a new stake in shares of QXO during the third quarter worth about $103,000. Deltec Asset Management LLC acquired a new position in shares of QXO in the third quarter valued at approximately $158,000. Diversify Wealth Management LLC acquired a new stake in QXO during the third quarter worth approximately $156,000. Finally, Carret Asset Management LLC purchased a new position in shares of QXO during the 3rd quarter worth $164,000. 58.68% of the stock is currently owned by institutional investors and hedge funds.

QXO Stock Down 1.9 %

Shares of NASDAQ:QXO opened at $12.28 on Tuesday. The company has a market cap of $5.03 billion, a P/E ratio of -1.35, a P/E/G ratio of 4.09 and a beta of 2.28. The business has a fifty day simple moving average of $14.52 and a 200-day simple moving average of $14.80. QXO, Inc. has a 52 week low of $10.61 and a 52 week high of $290.00.

QXO 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.