silversun technologies, inc. operates as a business application, technology, and consulting company. the company resells enterprise resource planning software for the financial accounting requirements, as well as offers training, technical support, and professional services. it also resells warehouse management system software, which controls the movement and storage of materials; and customer relationship management, human capital management, and business intelligence products. in addition, the company provides managed, cybersecurity, business continuity, disaster recovery, data back-up, network maintenance and service upgrades, and application hosting services. it serves small and medium-sized businesses that sell services and products to various end users, manufacturers, wholesalers, and distributors in the united states. the company was formerly known as trey resources, inc. and changed its name to silversun technologies, inc. in june 2011. silversun technologies, inc. was founded
Company profile
Ticker
QXO
Exchange
Website
CEO
Mark Meller
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SilverSun Technologies, Inc., TREY INDUSTRIES INC, TREY RESOURCES INC
SEC CIK
Corporate docs
Subsidiaries
SWK Technologies, Inc. • Secure Cloud Services, Inc. • Critical Cyber Defense Corp. • SilverSun Technology Holdings, Inc. ...
IRS number
161633636
QXO stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
14 Aug 24
8-K
QXO Reports Second Quarter 2024 Results
14 Aug 24
S-8
Registration of securities for employees
30 Jul 24
8-K
Other Events
29 Jul 24
424B3
Prospectus supplement
29 Jul 24
S-3ASR
Automatic shelf registration
29 Jul 24
8-K
QXO Announces $620 Million Raised in New Private Placement
22 Jul 24
8-K
Departure of Directors or Certain Officers
17 Jul 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
5 Jul 24
DEF 14C
Information statement
27 Jun 24
Latest ownership filings
4
FARHAD NANJI
28 Aug 24
SC 13G
ORBIS INVESTMENT MANAGEMENT LTD
12 Aug 24
4
Jared Corey Kushner
8 Aug 24
4
Ihsan Essaid
1 Aug 24
4
Christopher J. Signorello
1 Aug 24
4
S JACOBS BRADLEY
1 Aug 24
4
Sean Christopher Smith
1 Aug 24
4
Mario A Harik
1 Aug 24
4
Jason W Aiken
1 Aug 24
4
Mary E. Kissel
1 Aug 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 971.28 mm | 971.28 mm | 971.28 mm | 971.28 mm | 971.28 mm | 971.28 mm |
Cash burn (monthly) | (no burn) | (no burn) | 1.43 mm | 518.22 k | 349.50 k | (no burn) |
Cash used (since last report) | n/a | n/a | 5.38 mm | 1.95 mm | 1.31 mm | n/a |
Cash remaining | n/a | n/a | 965.90 mm | 969.34 mm | 969.97 mm | n/a |
Runway (months of cash) | n/a | n/a | 673.7 | 1870.5 | 2775.3 | n/a |
Institutional ownership, Q2 2024
96.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 11 |
Opened positions | 8 |
Closed positions | 3 |
Increased positions | 1 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 81.86 bn |
Total shares | 394.42 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Jacobs Private Equity II | 394.22 mm | $80.97 bn |
GPUS Hyperscale Data | 170.00 k | $469.00 k |
MS Morgan Stanley | 17.00 k | $1.06 mm |
Renaissance Technologies | 6.02 k | $432.00 mm |
Geode Capital Management | 4.38 k | $314.67 mm |
PNC The PNC Financial Services Group, Inc. | 1.46 k | $104.77 mm |
LRI Investments | 140.00 | $10.05 mm |
Pittenger & Anderson | 125.00 | $8.97 mm |
Hoey Investments | 125.00 | $8.97 mm |
Compagnie Lombard Odier SCmA | 100.00 | $7.18 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Aug 24 | MFN Partners | Common Stock | Sell | Dispose S | No | No | 15.05 | 795,894 | 11.98 mm | 53,908,701 |
6 Aug 24 | Jared Corey Kushner | Common Stock, par value $0.00001 per share | Grant | Acquire A | Yes | No | 9.14 | 93,109 | 851.02 k | 164,310 |
6 Aug 24 | Jared Corey Kushner | Common Stock, par value $0.00001 per share | Grant | Acquire A | Yes | No | 9.14 | 9,206,673 | 84.15 mm | 16,247,069 |
30 Jul 24 | Jared Corey Kushner | RSU Common Stock | Grant | Acquire A | No | No | 0 | 14,523 | 0.00 | 14,523 |
30 Jul 24 | Marlene M Colucci | RSU Common Stock | Grant | Acquire A | No | No | 0 | 14,523 | 0.00 | 14,523 |
30 Jul 24 | Allison Landry | RSU Common Stock | Grant | Acquire A | No | No | 0 | 14,523 | 0.00 | 14,523 |
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