Caption Management LLC Buys 9,508 Shares of ODDITY Tech Ltd. $ODD

Key Points

• Caption Management LLC boosted its stake in ODDITY Tech Ltd. by 63.4% during Q1, owning 24,508 shares worth $1,060,000 after acquiring an additional 9,508 shares.
• ODDITY Tech reported earnings of $0.92 per share for the recent quarter, exceeding analysts' expectations and up from $0.82 in the previous year, along with revenue growth of 25.1% year-over-year.
• Multiple analysts have raised their price targets for ODDITY Tech, with JPMorgan Chase boosting it from $63.00 to $85.00 and a consensus average target of $74.56.

Caption Management LLC boosted its holdings in ODDITY Tech Ltd. (NASDAQ:ODD - Free Report) by 63.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,508 shares of the company's stock after purchasing an additional 9,508 shares during the period. Caption Management LLC's holdings in ODDITY Tech were worth $1,060,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in ODD. Deutsche Bank AG lifted its stake in ODDITY Tech by 65.0% in the first quarter. Deutsche Bank AG now owns 1,340 shares of the company's stock worth $58,000 after purchasing an additional 528 shares during the last quarter. Wells Fargo & Company MN lifted its stake in ODDITY Tech by 17.6% in the fourth quarter. Wells Fargo & Company MN now owns 2,999 shares of the company's stock worth $126,000 after purchasing an additional 449 shares during the last quarter. Federated Hermes Inc. bought a new stake in ODDITY Tech in the first quarter worth $190,000. State of Wyoming bought a new stake in ODDITY Tech in the first quarter worth $269,000. Finally, PharVision Advisers LLC bought a new stake in ODDITY Tech in the fourth quarter worth $299,000. 35.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ODD. JMP Securities upped their price objective on shares of ODDITY Tech from $72.00 to $80.00 and gave the company a "market outperform" rating in a research note on Tuesday, August 5th. Barclays upped their price objective on shares of ODDITY Tech from $60.00 to $73.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 15th. Bank of America upped their price objective on shares of ODDITY Tech from $68.00 to $80.00 and gave the company a "buy" rating in a research note on Friday, June 27th. Needham & Company LLC began coverage on shares of ODDITY Tech in a research note on Thursday, August 28th. They set a "buy" rating and a $72.00 price objective for the company. Finally, JPMorgan Chase & Co. upped their price objective on shares of ODDITY Tech from $63.00 to $85.00 and gave the company an "overweight" rating in a research note on Tuesday, June 3rd. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, ODDITY Tech presently has an average rating of "Moderate Buy" and an average target price of $74.56.

ODDITY Tech Trading Up 0.1%

ODD stock traded up $0.08 during trading on Wednesday, reaching $60.73. The company had a trading volume of 260,672 shares, compared to its average volume of 909,704. ODDITY Tech Ltd. has a 52 week low of $32.71 and a 52 week high of $79.18. The company has a market cap of $3.39 billion, a P/E ratio of 33.74, a PEG ratio of 2.87 and a beta of 3.25. The business has a 50 day moving average of $66.69 and a 200 day moving average of $58.86. The company has a debt-to-equity ratio of 1.66, a current ratio of 6.32 and a quick ratio of 5.57.

ODDITY Tech (NASDAQ:ODD - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.04. ODDITY Tech had a net margin of 14.65% and a return on equity of 32.17%. The company had revenue of $241.14 million during the quarter, compared to the consensus estimate of $237.44 million. During the same period in the prior year, the firm earned $0.82 earnings per share. ODDITY Tech's revenue was up 25.1% on a year-over-year basis. ODDITY Tech has set its Q3 2025 guidance at 0.330-0.360 EPS. FY 2025 guidance at 1.990-2.040 EPS. As a group, sell-side analysts forecast that ODDITY Tech Ltd. will post 1.62 earnings per share for the current fiscal year.

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.