Cim LLC acquired a new position in shares of ODDITY Tech Ltd. (NASDAQ:ODD – Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 25,370 shares of the company’s stock, valued at approximately $1,915,000.
A number of other large investors also recently bought and sold shares of ODD. Massachusetts Financial Services Co. MA boosted its stake in ODDITY Tech by 32.5% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,709,195 shares of the company’s stock worth $128,993,000 after buying an additional 419,702 shares during the period. Granahan Investment Management LLC boosted its position in shares of ODDITY Tech by 1.1% during the 1st quarter. Granahan Investment Management LLC now owns 1,555,191 shares of the company’s stock worth $67,278,000 after purchasing an additional 16,993 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in ODDITY Tech by 8,711.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 835,315 shares of the company’s stock valued at $63,041,000 after purchasing an additional 825,835 shares during the last quarter. Acadian Asset Management LLC increased its holdings in ODDITY Tech by 507.8% in the 2nd quarter. Acadian Asset Management LLC now owns 821,759 shares of the company’s stock valued at $61,984,000 after purchasing an additional 686,549 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in ODDITY Tech by 378.5% in the second quarter. JPMorgan Chase & Co. now owns 671,724 shares of the company’s stock valued at $50,695,000 after purchasing an additional 531,334 shares during the period. Institutional investors and hedge funds own 35.88% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on ODD shares. KeyCorp lowered their price target on ODDITY Tech from $90.00 to $80.00 and set an “overweight” rating for the company in a research report on Wednesday, October 8th. Wall Street Zen upgraded ODDITY Tech from a “sell” rating to a “hold” rating in a report on Sunday, November 30th. Zacks Research raised ODDITY Tech from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. JPMorgan Chase & Co. reduced their price target on shares of ODDITY Tech from $67.00 to $59.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, Morgan Stanley lowered their price objective on shares of ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating for the company in a research note on Friday, November 21st. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $67.40.
ODDITY Tech Price Performance
ODD stock opened at $43.82 on Friday. The company has a debt-to-equity ratio of 1.53, a current ratio of 7.54 and a quick ratio of 6.42. The firm has a market capitalization of $2.45 billion, a P/E ratio of 24.48, a P/E/G ratio of 2.24 and a beta of 3.16. The business’s 50-day moving average is $45.08 and its two-hundred day moving average is $59.32. ODDITY Tech Ltd. has a 1 year low of $35.30 and a 1 year high of $79.18.
ODDITY Tech (NASDAQ:ODD – Get Free Report) last announced its quarterly earnings data on Wednesday, November 19th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. The business had revenue of $147.90 million during the quarter, compared to the consensus estimate of $145.44 million. ODDITY Tech had a return on equity of 31.68% and a net margin of 14.11%.The business’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.32 earnings per share. 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. Analysts anticipate that ODDITY Tech Ltd. will post 1.62 earnings per share for the current fiscal year.
About ODDITY Tech
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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