22,823 Shares in Oddity Tech Ltd. (NASDAQ:ODD) Purchased by Altshuler Shaham Ltd

Altshuler Shaham Ltd bought a new position in shares of Oddity Tech Ltd. (NASDAQ:ODD - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 22,823 shares of the company's stock, valued at approximately $959,000.

Several other institutional investors have also added to or reduced their stakes in ODD. Mark Sheptoff Financial Planning LLC bought a new position in shares of Oddity Tech in the fourth quarter valued at approximately $42,000. R Squared Ltd bought a new position in shares of Oddity Tech during the 4th quarter valued at about $61,000. Wilmington Savings Fund Society FSB purchased a new position in Oddity Tech in the 3rd quarter worth $99,000. Wells Fargo & Company MN boosted its holdings in Oddity Tech by 17.6% during the 4th quarter. Wells Fargo & Company MN now owns 2,999 shares of the company's stock valued at $126,000 after acquiring an additional 449 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Oddity Tech during the fourth quarter valued at about $246,000. 35.88% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Bank of America boosted their price objective on shares of Oddity Tech from $50.00 to $58.00 and gave the stock a "buy" rating in a report on Thursday, February 27th. JMP Securities reissued a "market outperform" rating and issued a $66.00 target price on shares of Oddity Tech in a report on Tuesday. KeyCorp cut their price objective on Oddity Tech from $52.00 to $50.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Barclays boosted their price target on shares of Oddity Tech from $42.00 to $46.00 and gave the stock an "equal weight" rating in a research report on Thursday, February 27th. Finally, JPMorgan Chase & Co. dropped their target price on Oddity Tech from $56.00 to $50.00 and set an "overweight" rating for the company in a report on Tuesday. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $53.25.

Oddity Tech Stock Up 3.4 %

Shares of ODD traded up $1.41 during mid-day trading on Tuesday, hitting $42.21. The company had a trading volume of 61,696 shares, compared to its average volume of 514,744. The stock has a market cap of $2.36 billion, a PE ratio of 25.73, a P/E/G ratio of 1.48 and a beta of 3.73. Oddity Tech Ltd. has a 1-year low of $30.34 and a 1-year high of $51.00. The business's 50-day simple moving average is $43.42 and its 200-day simple moving average is $43.53.

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.