Catterton Management Company L.L.C. Reduces Position in ODDITY Tech Ltd. $ODD

Catterton Management Company L.L.C. reduced its stake in shares of ODDITY Tech Ltd. (NASDAQ:ODD) by 12.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 3,537,472 shares of the company’s stock after selling 500,000 shares during the period. ODDITY Tech comprises approximately 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 about 0.06% of ODDITY Tech worth $220,385,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership grew its holdings in ODDITY Tech by 8,711.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 835,315 shares of the company’s stock worth $63,041,000 after buying an additional 825,835 shares in the last quarter. Acadian Asset Management LLC grew its stake in shares of ODDITY Tech by 507.8% in the 2nd quarter. Acadian Asset Management LLC now owns 821,759 shares of the company’s stock worth $61,984,000 after acquiring an additional 686,549 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of ODDITY Tech by 378.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 671,724 shares of the company’s stock worth $50,695,000 after acquiring an additional 531,334 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of ODDITY Tech by 32.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,709,195 shares of the company’s stock valued at $128,993,000 after purchasing an additional 419,702 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in shares of ODDITY Tech during the second quarter valued at about $31,599,000. Institutional investors own 35.88% of the company’s stock.

Analysts Set New Price Targets

ODD has been the subject of a number of recent analyst reports. Wall Street Zen raised shares of ODDITY Tech from a “sell” rating to a “hold” rating in a research report on Sunday, November 30th. 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 note on Wednesday, October 8th. Zacks Research raised ODDITY Tech from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Morgan Stanley dropped their price target on ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating on the stock in a report on Friday, November 21st. Finally, Needham & Company LLC reissued a “buy” rating and issued a $72.00 price objective on shares of ODDITY Tech in a research report on Thursday, November 20th. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $67.40.

ODDITY Tech Stock Up 0.5%

ODDITY Tech stock opened at $41.99 on Thursday. The firm has a 50 day moving average price of $43.16 and a 200-day moving average price of $57.45. The company has a quick ratio of 6.42, a current ratio of 7.54 and a debt-to-equity ratio of 1.53. ODDITY Tech Ltd. has a twelve month low of $35.30 and a twelve month high of $79.18. The company has a market capitalization of $2.34 billion, a P/E ratio of 23.46, a P/E/G ratio of 2.11 and a beta of 3.16.

ODDITY Tech (NASDAQ:ODD) last posted its quarterly earnings data on Wednesday, November 19th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.35 by $0.05. ODDITY Tech had a return on equity of 31.68% and a net margin of 14.11%.The business had revenue of $147.90 million for the quarter, compared to the consensus estimate of $145.44 million. During the same quarter in the prior year, the business earned $0.32 earnings per share. ODDITY Tech’s revenue for the quarter 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. As a group, equities analysts predict that ODDITY Tech Ltd. will post 1.62 EPS for the current 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. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands.