ODDITY Tech Ltd. $ODD Stake Decreased by Moody National Bank Trust Division

Key Points

• Moody National Bank Trust Division has reduced its stake in ODDITY Tech Ltd. by 10.9%, now holding 94,216 shares, valued at approximately $7.11 million.
• Despite the reduction, other investors like Baillie Gifford & Co. and Millennium Management LLC have increased their holdings in ODDITY Tech, indicating mixed sentiment among institutional investors.
• ODDITY Tech reported impressive quarterly earnings of $0.92 EPS, surpassing analysts' expectations, and revenue of $241.14 million, reflecting a growth of 25.1% year-over-year.

Moody National Bank Trust Division decreased its position in shares of ODDITY Tech Ltd. (NASDAQ:ODD - Free Report) by 10.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 94,216 shares of the company's stock after selling 11,565 shares during the period. ODDITY Tech makes up 0.7% of Moody National Bank Trust Division's holdings, making the stock its 28th biggest position. Moody National Bank Trust Division owned 0.17% of ODDITY Tech worth $7,110,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of ODD. Northern Trust Corp raised its stake in ODDITY Tech by 121.9% in the fourth quarter. Northern Trust Corp now owns 64,679 shares of the company's stock valued at $2,718,000 after purchasing an additional 35,533 shares in the last quarter. Lazard Asset Management LLC acquired a new position in ODDITY Tech in the fourth quarter valued at approximately $408,000. Millennium Management LLC boosted its holdings in ODDITY Tech by 31.3% in the fourth quarter. Millennium Management LLC now owns 461,045 shares of the company's stock worth $19,373,000 after acquiring an additional 110,020 shares in the last quarter. Man Group plc raised its position in shares of ODDITY Tech by 105.3% during the fourth quarter. Man Group plc now owns 30,428 shares of the company's stock worth $1,279,000 after purchasing an additional 15,610 shares during the period. Finally, Point72 Asset Management L.P. raised its position in shares of ODDITY Tech by 33.7% during the fourth quarter. Point72 Asset Management L.P. now owns 22,200 shares of the company's stock worth $933,000 after purchasing an additional 5,600 shares during the period. Institutional investors and hedge funds own 35.88% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ODD shares. Truist Financial increased their price target on ODDITY Tech from $65.00 to $78.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. KeyCorp raised their price target on ODDITY Tech from $65.00 to $90.00 and gave the company an "overweight" rating in a report on Monday, July 14th. JPMorgan Chase & Co. lifted their price target on ODDITY Tech from $63.00 to $85.00 and gave the stock an "overweight" rating in a research note on Tuesday, June 3rd. JMP Securities restated a "market outperform" rating and set a $80.00 price target on shares of ODDITY Tech in a research report on Tuesday. Finally, Needham & Company LLC initiated coverage on ODDITY Tech in a research note on Thursday, August 28th. They issued a "buy" rating and a $72.00 price target for the company. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $74.56.

ODDITY Tech Trading Up 0.6%

ODDITY Tech stock traded up $0.34 during mid-day trading on Tuesday, hitting $61.23. The company's stock had a trading volume of 44,727 shares, compared to its average volume of 813,305. ODDITY Tech Ltd. has a 1 year low of $34.97 and a 1 year high of $79.18. The stock's fifty day moving average is $63.75 and its two-hundred day moving average is $60.67. The firm has a market capitalization of $3.42 billion, a PE ratio of 34.02, a price-to-earnings-growth ratio of 2.98 and a beta of 3.25. The company has a current ratio of 6.32, a quick ratio of 5.57 and a debt-to-equity ratio of 1.66.

ODDITY Tech (NASDAQ:ODD - Get Free Report) last announced 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. The company had revenue of $241.14 million during the quarter, compared to the consensus estimate of $237.44 million. ODDITY Tech had a return on equity of 32.17% and a net margin of 14.65%.ODDITY Tech's revenue for the quarter was up 25.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.82 EPS. 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, analysts anticipate that ODDITY Tech Ltd. will post 1.62 EPS for the current 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.