Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Oddity Tech Ltd. (NASDAQ:ODD - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,862 shares of the company's stock, valued at approximately $246,000.
Several other large investors have also added to or reduced their stakes in the company. Nordea Investment Management AB purchased a new position in Oddity Tech in the 4th quarter worth approximately $797,000. Harbor Capital Advisors Inc. bought a new position in shares of Oddity Tech during the fourth quarter worth $1,767,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Oddity Tech by 4.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 59,104 shares of the company's stock valued at $2,387,000 after acquiring an additional 2,665 shares in the last quarter. State Street Corp increased its holdings in Oddity Tech by 5.7% in the 3rd quarter. State Street Corp now owns 236,199 shares of the company's stock valued at $9,538,000 after acquiring an additional 12,700 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Oddity Tech by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 63,625 shares of the company's stock worth $2,569,000 after purchasing an additional 750 shares in the last quarter. Hedge funds and other institutional investors own 35.88% of the company's stock.
Wall Street Analysts Forecast Growth
ODD has been the topic of a number of research reports. Morgan Stanley lifted their price objective 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. Bank of America boosted their price target on shares of Oddity Tech from $50.00 to $58.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. The Goldman Sachs Group initiated coverage on shares of Oddity Tech in a report on Friday, December 13th. They issued a "neutral" rating and a $48.00 price target for the company. JPMorgan Chase & Co. started 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. Finally, Barclays raised their price objective on Oddity Tech from $42.00 to $46.00 and gave the company an "equal weight" rating in a research note on Thursday, February 27th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $53.00.
Read Our Latest Analysis on ODD
Oddity Tech Trading Up 0.7 %
Shares of ODD traded up $0.32 during trading hours on Monday, reaching $43.26. 450,588 shares of the company traded hands, compared to its average volume of 537,656. The firm has a market cap of $2.42 billion, a price-to-earnings ratio of 26.38, a PEG ratio of 1.48 and a beta of 4.20. Oddity Tech Ltd. has a 12-month low of $30.34 and a 12-month high of $51.00. The stock's fifty day moving average price is $44.64 and its 200 day moving average price is $43.12.
Oddity Tech Profile
(
Free Report)
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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