Landscape Capital Management L.L.C. Takes $3.05 Million Position in ODDITY Tech Ltd. $ODD

Key Points

• Landscape Capital Management L.L.C. has acquired a new position in ODDITY Tech Ltd., purchasing 70,591 shares valued at approximately $3.05 million.
• Analysts have a generally positive outlook for ODDITY Tech, with a consensus rating of "Moderate Buy" and a price target averaging $74.56.
• ODDITY Tech reported a quarterly earnings per share (EPS) of $0.92, exceeding analyst expectations, and a significant revenue increase of 25.1% year-over-year.

Landscape Capital Management L.L.C. bought a new stake in ODDITY Tech Ltd. (NASDAQ:ODD - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 70,591 shares of the company's stock, valued at approximately $3,054,000. Landscape Capital Management L.L.C. owned approximately 0.13% of ODDITY Tech as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of ODD. Wells Fargo & Company MN raised its holdings in shares of 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 acquiring an additional 449 shares during the last quarter. Raymond James Financial Inc. acquired a new position in ODDITY Tech in the 4th quarter valued at about $467,000. Susquehanna Fundamental Investments LLC purchased a new position in ODDITY Tech in the 4th quarter valued at about $329,000. Northern Trust Corp boosted its stake in shares of ODDITY Tech by 121.9% during the 4th quarter. Northern Trust Corp now owns 64,679 shares of the company's stock worth $2,718,000 after purchasing an additional 35,533 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in shares of ODDITY Tech during the fourth quarter worth about $3,956,000. Institutional investors and hedge funds own 35.88% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Morgan Stanley upped their price objective on shares of ODDITY Tech from $56.00 to $61.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 6th. Truist Financial boosted their price target on ODDITY Tech from $65.00 to $78.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Needham & Company LLC began coverage on ODDITY Tech in a report on Thursday, August 28th. They set a "buy" rating and a $72.00 price objective on the stock. Bank of America increased their target price on ODDITY Tech from $68.00 to $80.00 and gave the stock a "buy" rating in a research report on Friday, June 27th. Finally, JPMorgan Chase & Co. lifted their price target on ODDITY Tech from $63.00 to $85.00 and gave the company an "overweight" rating in a report on Tuesday, June 3rd. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $74.56.

ODDITY Tech Trading Down 0.6%

Shares of NASDAQ:ODD traded down $0.38 during trading on Wednesday, reaching $60.28. 55,500 shares of the stock were exchanged, compared to its average volume of 847,218. The firm's 50-day moving average price is $66.89 and its 200 day moving average price is $58.84. The firm has a market cap of $3.37 billion, a price-to-earnings ratio of 33.50, a price-to-earnings-growth ratio of 2.87 and a beta of 3.25. ODDITY Tech Ltd. has a 12-month low of $32.71 and a 12-month high of $79.18. The company has a debt-to-equity ratio of 1.66, a quick ratio of 5.57 and a current ratio of 6.32.

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