QXO
QXO Inc
About: QXO Inc provides technology solutions, primarily to clients in the manufacturing, distribution and service sectors. It provides consulting and professional services, specialized programming, training and technical support also offers solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management, business intelligence and other applications. Additionally, QXO develops and publishes its own proprietary software.
Employees: 195
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
5,450% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 2
4,003% more capital invested
Capital invested by funds: $115M [Q2] → $4.7B (+$4.58B) [Q3]
545% more funds holding
Funds holding: 20 [Q2] → 129 (+109) [Q3]
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
43% less call options, than puts
Call options by funds: $6.4M | Put options by funds: $11.2M
1692.16% less ownership
Funds ownership: 1764.95% [Q2] → 72.78% (-1692.16%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for QXO.
Financial journalist opinion
Neutral
CNBC Television
2 days ago
Final Trades: Cheniere Energy, QXO, First Trust NASDAQ Cybersecurity and Shake Shack
The CNBC 'Halftime Report' Investment Committee gives their top stocks to watch.
Positive
Seeking Alpha
1 week ago
QXO: An Under-The-Radar Company Set To Disrupt A $800 Billion Industry
QXO Inc. aims to disrupt the $800 billion building products distribution industry through acquisitions and technology, enhancing efficiency and customer experience. Led by Brad Jacobs, QXO has raised over $4 billion, positioning itself for strategic acquisitions and technological advancements in the industry. QXO's strategy focuses on e-commerce, logistics, and data analytics to streamline operations and drive growth in the fragmented building products market.
Positive
WSJ
1 month ago
Building Products Distributor QXO Makes Bid for Beacon Roofing
QXO's Brad Jacobs has built companies in logistics and other sectors through acquisitions.
Neutral
PRNewsWire
1 month ago
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of QXO Inc (NASDAQ: QXO)
NEW YORK , Nov. 15, 2024 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of QXO (NASDAQ: QXO) concerning possible breaches of fiduciary duty. If you have been a shareholder of QXO since at least JULY 30, 2024 , and currently hold shares, you can obtain additional information here: https://zlk.com/compensation2/qxo-inc-lawsuit-submission-form or contact Joseph E.
Neutral
Zacks Investment Research
1 month ago
CLMB or QXO: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Technology Services sector might want to consider either Climb Global Solutions (CLMB) or QXO, Inc. (QXO). But which of these two stocks presents investors with the better value opportunity right now?
Neutral
GlobeNewsWire
1 month ago
QXO Reports Third Quarter 2024 Results
GREENWICH, Conn., Nov. 13, 2024 (GLOBE NEWSWIRE) -- QXO, Inc. (Nasdaq: QXO) today announced its financial results for the third quarter 2024. The company reported a loss of $0.01 per basic and diluted share attributable to common shareholders.
Positive
Seeking Alpha
2 months ago
QXO: An Inexpensive Way To Bet A Proven Jockey
QXO, formerly SilverSun Technologies, transformed into a cash-rich entity under Brad Jacobs, aiming to consolidate the $800B building products distribution industry. Jacobs' successful "roll-up strategy" and proven track record in previous ventures like XPO and United Rentals suggest significant potential for value creation. Despite the current housing market downturn, Jacobs sees an opportunity to acquire undervalued suppliers, enhancing profitability through technology and efficient management.
Neutral
GlobeNewsWire
3 months ago
Rexel: Rexel Board of Directors rejects an unsolicited preliminary proposal from QXO
Rexel Board of Directors rejects an unsolicited preliminary proposal from QXO Rexel confirms it has received earlier this week an unsolicited, non-binding preliminary proposal from QXO regarding a potential acquisition of Rexel at an indicative price of €28.00 to €28.40 per share. Rexel's Board of Directors has reviewed the proposal in detail and has unanimously decided not to pursue it, considering that it significantly undervalues the company and does not reflect its value creation potential through its Power Up 25 strategic plan.
Positive
Reuters
3 months ago
Exclusive: Rexel rebuffed an around $9.2 billion offer from QXO, sources say
Building products distribution company QXO , led by billionaire Brad Jacobs, recently made an all-cash offer of around $9.2 billion to acquire France's Rexel , sources with knowledge of the matter said.
Positive
CNBC Television
3 months ago
Trade Tracker: Steve Weiss buys more QXO
Steve Weiss, founder and managing partner of Short Hills Capital Partners, joins CNBC's “Halftime Report” to explain why he's buying more QXO.
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