Catterton Management Company L.L.C. Sells 500,000 Shares of ODDITY Tech Ltd. $ODD

Catterton Management Company L.L.C. lessened its stake in ODDITY Tech Ltd. (NASDAQ:ODD) by 12.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,537,472 shares of the company’s stock after selling 500,000 shares during the period. ODDITY Tech comprises about 4.1% of Catterton Management Company L.L.C.’s portfolio, making the stock its 2nd biggest position. Catterton Management Company L.L.C. owned 6.34% of ODDITY Tech worth $220,385,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in ODD. WD Rutherford LLC acquired a new position in shares of ODDITY Tech in the second quarter worth approximately $48,000. Assetmark Inc. bought a new position in ODDITY Tech during the 2nd quarter worth approximately $54,000. Deutsche Bank AG lifted its position in shares of ODDITY Tech by 65.0% in the 1st 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 period. Legal & General Group Plc acquired a new position in shares of ODDITY Tech in the 2nd quarter worth approximately $71,000. Finally, Headlands Technologies LLC bought a new stake in shares of ODDITY Tech in the 2nd quarter valued at $108,000. 35.88% of the stock is currently owned by institutional investors.

ODDITY Tech Stock Up 0.5%

ODD stock opened at $41.99 on Thursday. The stock’s 50 day simple moving average is $43.16 and its 200 day simple moving average is $57.45. The company has a market cap of $2.34 billion, a P/E ratio of 23.46, a price-to-earnings-growth ratio of 2.11 and a beta of 3.16. The company has a debt-to-equity ratio of 1.53, a quick ratio of 6.42 and a current ratio of 7.54. ODDITY Tech Ltd. has a fifty-two week low of $35.30 and a fifty-two week high of $79.18.

ODDITY Tech (NASDAQ:ODD) last announced its quarterly earnings data on Wednesday, November 19th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. ODDITY Tech had a return on equity of 31.68% and a net margin of 14.11%.The firm had revenue of $147.90 million during the quarter, compared to analysts’ expectations of $145.44 million. During the same quarter last year, the firm posted $0.32 earnings per share. The company’s revenue for the quarter was up 24.3% compared to the same quarter last year. 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. On average, research analysts expect that ODDITY Tech Ltd. will post 1.62 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ODD has been the topic of several recent analyst reports. JPMorgan Chase & Co. dropped their target price on shares of ODDITY Tech from $67.00 to $59.00 and set an “overweight” rating on the stock in a report on Friday, December 12th. JMP Securities reissued a “market outperform” rating and issued a $80.00 price objective on shares of ODDITY Tech in a research report on Tuesday, September 23rd. KeyCorp cut their target price 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. Needham & Company LLC reaffirmed a “buy” rating and set a $72.00 target price on shares of ODDITY Tech in a research note on Thursday, November 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of ODDITY Tech in a report on Wednesday, October 8th. Seven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, ODDITY Tech currently has an average rating of “Moderate Buy” and an average target price of $67.40.

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. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands.