Oddity Tech Ltd. (NASDAQ:ODD) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in shares of Oddity Tech Ltd. (NASDAQ:ODD) by 37.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 170,878 shares of the company’s stock after purchasing an additional 46,776 shares during the period. JPMorgan Chase & Co. owned approximately 0.30% of Oddity Tech worth $7,180,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. State Street Corp raised its holdings in Oddity Tech by 5.7% during the 3rd quarter. State Street Corp now owns 236,199 shares of the company’s stock worth $9,538,000 after buying an additional 12,700 shares during the period. Peregrine Capital Management LLC increased its position in shares of Oddity Tech by 1.9% in the fourth quarter. Peregrine Capital Management LLC now owns 146,155 shares of the company’s stock worth $6,141,000 after acquiring an additional 2,719 shares in the last quarter. New York State Common Retirement Fund raised its holdings in shares of Oddity Tech by 18,799.2% during the fourth quarter. New York State Common Retirement Fund now owns 144,390 shares of the company’s stock valued at $6,067,000 after acquiring an additional 143,626 shares during the period. Moody National Bank Trust Division lifted its position in shares of Oddity Tech by 12.6% in the 4th quarter. Moody National Bank Trust Division now owns 92,696 shares of the company’s stock valued at $3,895,000 after acquiring an additional 10,338 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Oddity Tech by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 63,625 shares of the company’s stock worth $2,569,000 after purchasing an additional 750 shares during the period. 35.88% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ODD shares. JPMorgan Chase & Co. assumed coverage on shares of Oddity Tech in a research note on Friday, January 31st. They set an “overweight” rating and a $55.00 target price on the stock. Bank of America upped their price target on Oddity Tech from $50.00 to $58.00 and gave the company a “buy” rating in a research report on Thursday, February 27th. Barclays raised their price objective on Oddity Tech from $42.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 27th. Finally, KeyCorp dropped their target price on Oddity Tech from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Oddity Tech presently has a consensus rating of “Moderate Buy” and an average target price of $52.14.

Oddity Tech Price Performance

Shares of ODD stock opened at $40.46 on Thursday. The firm has a market cap of $2.26 billion, a P/E ratio of 24.67, a PEG ratio of 1.48 and a beta of 3.73. Oddity Tech Ltd. has a fifty-two week low of $30.34 and a fifty-two week high of $51.00. The stock’s 50-day moving average is $43.42 and its two-hundred day moving average is $43.47.

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.