Oddity Tech Ltd. (NASDAQ:ODD) Position Increased by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its holdings in shares of Oddity Tech Ltd. (NASDAQ:ODD - Free Report) by 11.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 492,198 shares of the company's stock after purchasing an additional 49,101 shares during the quarter. Janus Henderson Group PLC owned approximately 0.87% of Oddity Tech worth $19,877,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Centiva Capital LP increased its position in shares of Oddity Tech by 23.1% in the 3rd quarter. Centiva Capital LP now owns 9,624 shares of the company's stock worth $389,000 after purchasing an additional 1,804 shares during the last quarter. Bamco Inc. NY grew its stake in Oddity Tech by 0.8% in the third quarter. Bamco Inc. NY now owns 1,246,046 shares of the company's stock worth $50,315,000 after purchasing an additional 9,665 shares in the last quarter. PDT Partners LLC increased its holdings in Oddity Tech by 39.2% in the third quarter. PDT Partners LLC now owns 91,610 shares of the company's stock valued at $3,699,000 after buying an additional 25,789 shares during the last quarter. Verition Fund Management LLC raised its stake in Oddity Tech by 7.2% during the third quarter. Verition Fund Management LLC now owns 35,248 shares of the company's stock valued at $1,423,000 after buying an additional 2,368 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Oddity Tech by 4.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 59,104 shares of the company's stock worth $2,387,000 after buying an additional 2,665 shares during the last quarter. 35.88% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Barclays increased their target price on shares of Oddity Tech from $39.00 to $42.00 and gave the stock an "equal weight" rating in a report on Monday, November 11th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $53.33.

Oddity Tech Trading Up 7.7 %

ODD traded up $3.43 on Friday, reaching $47.92. The company had a trading volume of 564,035 shares, compared to its average volume of 467,278. The company has a market capitalization of $2.73 billion, a P/E ratio of 29.22, a PEG ratio of 1.37 and a beta of 4.45. The company has a fifty day moving average of $41.98 and a 200-day moving average of $39.76. Oddity Tech Ltd. has a one year low of $30.34 and a one year high of $50.36.

Oddity Tech (NASDAQ:ODD - Get Free Report) last released its earnings results on Wednesday, November 6th. The company reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.10. Oddity Tech had a return on equity of 29.02% and a net margin of 16.32%. The firm had revenue of $119.00 million during the quarter, compared to the consensus estimate of $116.47 million. During the same period in the prior year, the firm posted $0.06 earnings per share. The firm's revenue for the quarter was up 26.0% compared to the same quarter last year. Research analysts predict that Oddity Tech Ltd. will post 1.64 EPS for the current year.

Oddity Tech 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.