Sanctuary Advisors LLC Buys Shares of 17,756 Oddity Tech Ltd. (NASDAQ:ODD)

Sanctuary Advisors LLC purchased a new position in shares of Oddity Tech Ltd. (NASDAQ:ODD - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 17,756 shares of the company's stock, valued at approximately $746,000.

A number of other large investors also recently modified their holdings of the company. Blue Trust Inc. lifted its holdings in shares of Oddity Tech by 35.8% during the 4th quarter. Blue Trust Inc. now owns 6,565 shares of the company's stock valued at $276,000 after acquiring an additional 1,731 shares in the last quarter. Wilmington Savings Fund Society FSB grew its holdings in Oddity Tech by 49.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,650 shares of the company's stock valued at $153,000 after purchasing an additional 1,200 shares in the last quarter. R Squared Ltd acquired a new stake in Oddity Tech during the 4th quarter valued at $61,000. Moody National Bank Trust Division increased its stake in Oddity Tech by 12.6% during the 4th quarter. Moody National Bank Trust Division now owns 92,696 shares of the company's stock worth $3,895,000 after buying an additional 10,338 shares during the period. Finally, Harbor Capital Advisors Inc. acquired a new position in Oddity Tech in the 4th quarter worth $1,767,000. 35.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ODD shares. Morgan Stanley boosted their price target on Oddity Tech from $46.00 to $50.00 and gave the stock an "equal weight" rating in a research note on Thursday, December 12th. Barclays lifted their price target on Oddity Tech from $42.00 to $46.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 27th. JPMorgan Chase & Co. assumed coverage on Oddity Tech in a research note on Friday, January 31st. They set an "overweight" rating and a $55.00 price objective on the stock. KeyCorp lifted their target price on Oddity Tech from $50.00 to $52.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 8th. Finally, The Goldman Sachs Group initiated coverage on Oddity Tech in a report on Friday, December 13th. They issued a "neutral" rating and a $48.00 price target for the company. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $54.44.

Oddity Tech Price Performance

Shares of NASDAQ ODD traded up $0.07 during midday trading on Tuesday, hitting $45.45. 249,558 shares of the company's stock were exchanged, compared to its average volume of 625,233. Oddity Tech Ltd. has a twelve month low of $30.34 and a twelve month high of $51.00. The firm has a market cap of $2.58 billion, a P/E ratio of 27.67, a PEG ratio of 1.48 and a beta of 4.34. The stock's 50 day moving average price is $44.25 and its 200-day moving average price is $42.02.

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.