Raymond James Financial Inc. 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 (SEC). The firm bought 11,125 shares of the company's stock, valued at approximately $467,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of ODD. R Squared Ltd acquired 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 stake in Oddity Tech in the third quarter valued at approximately $99,000. Blue Trust Inc. increased its position in Oddity Tech by 33.2% during the fourth quarter. Blue Trust Inc. now owns 6,437 shares of the company's stock worth $260,000 after purchasing an additional 1,603 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in Oddity Tech during the third quarter worth approximately $349,000. Finally, Centiva Capital LP raised its stake in Oddity Tech by 23.1% during the third 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 period. 35.88% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts have recently commented on ODD shares. KeyCorp upped their price objective on Oddity Tech from $50.00 to $52.00 and gave the stock an "overweight" rating in a report on Wednesday, January 8th. JPMorgan Chase & Co. initiated coverage on Oddity Tech in a report on Friday, January 31st. They issued an "overweight" rating and a $55.00 price objective on the stock. Barclays boosted their target price on Oddity Tech from $42.00 to $46.00 and gave the stock an "equal weight" rating in a report on Thursday, February 27th. Finally, Bank of America raised their price target on shares of Oddity Tech from $50.00 to $58.00 and gave the company a "buy" rating in a report on Thursday, February 27th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Oddity Tech presently has an average rating of "Moderate Buy" and an average price target of $52.43.
Read Our Latest Stock Analysis on ODD
Oddity Tech Stock Down 0.2 %
Shares of ODD traded down $0.07 during mid-day trading on Friday, reaching $41.58. 279,570 shares of the stock traded hands, compared to its average volume of 524,450. The firm has a market cap of $2.32 billion, a price-to-earnings ratio of 25.35, a P/E/G ratio of 1.48 and a beta of 3.73. The stock has a fifty day simple moving average of $43.70 and a 200 day simple moving average of $43.49. Oddity Tech Ltd. has a 12-month low of $30.34 and a 12-month high of $51.00.
Oddity Tech Company 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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