39,467 Shares in QXO, Inc. (NASDAQ:QXO) Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. bought a new stake in shares of QXO, Inc. (NASDAQ:QXO) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 39,467 shares of the company’s stock, valued at approximately $622,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Compagnie Lombard Odier SCmA increased its holdings in shares of 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 during the period. Gainplan LLC acquired a new position in QXO during the 3rd quarter valued at about $55,000. Renaissance Technologies LLC acquired a new position in QXO during the 2nd quarter valued at about $432,000. SG Americas Securities LLC acquired a new stake in shares of QXO in the 3rd quarter worth approximately $103,000. Finally, Claro Advisors LLC bought a new position in shares of QXO in the third quarter valued at approximately $111,000. Institutional investors own 58.68% of the company’s stock.

Insider Transactions at QXO

In other news, major shareholder Mfn Partners, Lp sold 7,000,000 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $15.05, for a total transaction of $105,350,000.00. Following the completion of the transaction, the insider now owns 46,908,701 shares in the company, valued at approximately $705,975,950.05. This trade represents a 12.98 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 51.30% of the company’s stock.

QXO Stock Performance

Shares of NASDAQ:QXO opened at $17.04 on Friday. The company has a market capitalization of $6.98 billion, a PE ratio of -1.87, a price-to-earnings-growth ratio of 2.60 and a beta of 2.32. QXO, Inc. has a 12 month low of $10.61 and a 12 month high of $290.00. The business’s 50 day moving average price is $15.26.

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.