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STARTEEPO Invest Takes 5.05% Stake in Xerox (XRX)
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Xerox Holdings Corporation (NASDAQ:XRX) is one of the 10 Most Volatile Penny Stocks to Buy Now. On May 15, 2026, STARTEEPO Invest announced that it acquired a significant ownership position in Xerox Holdings Corporation (NASDAQ:XRX). STARTEEPO and its affiliates beneficially own 6.6 million shares of Xerox, representing approximately 5.05% of the company’s outstanding common stock. STARTEEPO said Xerox presents an investment opportunity supported by balance sheet initiatives, operational improvements, and its position in a changing and consolidating industry. The firm also said it intends to act as a constructive, long-term shareholder and may engage with Xerox’s management and Board of Directors on strategy, capital structure, and shareholder value opportunities. On April 30, 2026, Xerox Holdings Corporation (NASDAQ:XRX) reported Q1 adjusted EPS of (43c), compared to the consensus estimate of (27c). Revenue totaled $1.85B, above the consensus estimate of $1.75B. CEO Louie Pastor said the quarter showed “tangible progress” as revenue and profit trajectory improved and liquidity strengthened. Pastor said Xerox remains focused on stabilizing revenue, increasing profitability, and reducing leverage. Xerox Holdings Corporation (NASDAQ:XRX) still expects 2026 revenue above $7.5B, compared to the consensus estimate of $7.58B. The company also expects 2026 adjusted operating income of $450M-$500M and free cash flow of approximately $250M. Xerox Holdings Corporation (NASDAQ:XRX) operates as a workplace technology company providing hardware, services, and software for enterprises internationally. While we acknowledge the potential of XRX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
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