Bamco Inc. NY lowered its holdings in shares of ODDITY Tech Ltd. (NASDAQ:ODD – Free Report) by 13.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,237,433 shares of the company’s stock after selling 190,312 shares during the quarter. Bamco Inc. NY owned 2.22% of ODDITY Tech worth $93,389,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of the business. Deutsche Bank AG lifted its position in shares of ODDITY Tech by 65.0% during the first quarter. Deutsche Bank AG now owns 1,340 shares of the company’s stock worth $58,000 after purchasing an additional 528 shares during the last quarter. WD Rutherford LLC purchased a new position in ODDITY Tech in the 2nd quarter worth about $48,000. Assetmark Inc. bought a new stake in ODDITY Tech during the 2nd quarter valued at about $54,000. Legal & General Group Plc bought a new stake in ODDITY Tech during the 2nd quarter valued at about $71,000. Finally, Police & Firemen s Retirement System of New Jersey boosted its position in ODDITY Tech by 14.5% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 8,650 shares of the company’s stock valued at $653,000 after buying an additional 1,096 shares during the period. Institutional investors own 35.88% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on ODD. Zacks Research raised shares of ODDITY Tech from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Weiss Ratings reissued a “hold (c)” rating on shares of ODDITY Tech in a research note on Wednesday, October 8th. Jefferies Financial Group started coverage on ODDITY Tech in a report on Wednesday, September 24th. They set a “buy” rating and a $78.00 price objective on the stock. JPMorgan Chase & Co. lowered their target price on ODDITY Tech from $67.00 to $59.00 and set an “overweight” rating for the company in a report on Friday. Finally, KeyCorp dropped their price target on ODDITY Tech from $90.00 to $80.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 8th. Seven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, ODDITY Tech currently has a consensus rating of “Moderate Buy” and an average price target of $67.40.
ODDITY Tech Price Performance
Shares of ODD stock opened at $43.82 on Friday. ODDITY Tech Ltd. has a 1-year low of $35.30 and a 1-year high of $79.18. The stock’s 50-day moving average is $45.08 and its 200 day moving average is $59.41. The company has a market cap of $2.45 billion, a P/E ratio of 24.48, a PEG ratio of 2.27 and a beta of 3.16. The company has a debt-to-equity ratio of 1.53, a current ratio of 7.54 and a quick ratio of 6.42.
ODDITY Tech (NASDAQ:ODD – Get Free Report) last announced its earnings results on Wednesday, November 19th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. ODDITY Tech had a net margin of 14.11% and a return on equity of 31.68%. The business had revenue of $147.90 million during the quarter, compared to the consensus estimate of $145.44 million. During the same period in the previous year, the company posted $0.32 earnings per share. The firm’s revenue was up 24.3% on a year-over-year basis. ODDITY Tech has set its Q4 2025 guidance at 0.110-0.130 EPS and its FY 2025 guidance at 2.100-2.120 EPS. Research analysts predict that ODDITY Tech Ltd. will post 1.62 earnings per share for the current fiscal year.
ODDITY Tech Company 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.
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