Settian Capital LP Purchases Shares of 130,000 QXO, Inc. (NASDAQ:QXO)

Settian Capital LP purchased a new stake in QXO, Inc. (NASDAQ:QXO) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 130,000 shares of the company’s stock, valued at approximately $2,067,000. QXO makes up approximately 1.5% of Settian Capital LP’s investment portfolio, making the stock its 18th largest holding.

A number of other hedge funds also recently bought and sold shares of QXO. Brown Brothers Harriman & Co. acquired a new stake in QXO in the 3rd quarter valued at about $41,000. SG Americas Securities LLC increased its holdings in shares of QXO by 45.8% in the 4th quarter. SG Americas Securities LLC now owns 9,544 shares of the company’s stock valued at $152,000 after acquiring an additional 3,000 shares during the last quarter. BNP Paribas Financial Markets purchased a new position in shares of QXO in the 3rd quarter valued at about $166,000. Entropy Technologies LP purchased a new position in shares of QXO in the 4th quarter valued at about $169,000. Finally, CIBC Asset Management Inc purchased a new position in shares of QXO in the 3rd quarter valued at about $186,000. Institutional investors and hedge funds own 58.68% of the company’s stock.

QXO Stock Performance

QXO opened at $13.06 on Thursday. QXO, Inc. has a one year low of $10.61 and a one year high of $290.00. The company has a market cap of $5.35 billion, a P/E ratio of -1.43, a PEG ratio of 4.09 and a beta of 2.35. The business’s 50-day simple moving average is $13.43 and its 200-day simple moving average is $14.79.

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.