American Century Companies Inc. Grows Stake in Oddity Tech Ltd. (NASDAQ:ODD)

American Century Companies Inc. raised its holdings in Oddity Tech Ltd. (NASDAQ:ODD) by 5.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,334 shares of the company’s stock after buying an additional 593 shares during the quarter. American Century Companies Inc.’s holdings in Oddity Tech were worth $518,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. D.A. Davidson & CO. boosted its position in Oddity Tech by 1.1% during the 4th quarter. D.A. Davidson & CO. now owns 25,838 shares of the company’s stock valued at $1,086,000 after acquiring an additional 273 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Oddity Tech by 1.2% during the third quarter. Geode Capital Management LLC now owns 63,625 shares of the company’s stock valued at $2,569,000 after purchasing an additional 750 shares in the last quarter. Wilmington Savings Fund Society FSB grew its stake in Oddity Tech by 49.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 3,650 shares of the company’s stock worth $153,000 after purchasing an additional 1,200 shares during the period. R Squared Ltd bought a new position in Oddity Tech in the fourth quarter worth $61,000. Finally, Blue Trust Inc. lifted its position in Oddity Tech by 33.2% during the fourth quarter. Blue Trust Inc. now owns 6,437 shares of the company’s stock valued at $260,000 after buying an additional 1,603 shares during the period. 35.88% of the stock is owned by hedge funds and other institutional investors.

Oddity Tech Stock Down 0.2 %

NASDAQ ODD opened at $41.58 on Friday. The company has a 50-day moving average price of $43.70 and a 200-day moving average price of $43.46. Oddity Tech Ltd. has a 52 week low of $30.34 and a 52 week high of $51.00. The firm has a market capitalization of $2.32 billion, a P/E ratio of 25.35, a PEG ratio of 1.48 and a beta of 3.73.

Analyst Ratings Changes

Several research firms have recently issued reports on ODD. Bank of America lifted their target price on shares of Oddity Tech from $50.00 to $58.00 and gave the company a “buy” rating in a report on Thursday, February 27th. KeyCorp lifted their price objective on Oddity Tech from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Wednesday, January 8th. JPMorgan Chase & Co. started coverage on Oddity Tech in a research note on Friday, January 31st. They issued an “overweight” rating and a $55.00 target price on the stock. Finally, Barclays raised their price target on Oddity Tech from $42.00 to $46.00 and gave the company an “equal weight” rating in a report on Thursday, February 27th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $52.43.

Oddity Tech Profile

Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products.