ODDITY Tech Ltd. $ODD Shares Acquired by Russell Investments Group Ltd.

Key Points

• Russell Investments Group Ltd. significantly increased its stake in ODDITY Tech by 473.1%, owning 83,002 shares valued at approximately $3.59 million as of its latest SEC filing.
• Analyst ratings have been predominantly positive with multiple firms raising their price targets for ODDITY Tech, including KeyCorp which increased its target from $65.00 to $90.00, labeling the stock as "overweight."
• ODDITY Tech reported earnings per share (EPS) of $0.92 for the last quarter, exceeding analyst expectations and marking a 25.1% year-over-year revenue increase.

Russell Investments Group Ltd. lifted its holdings in shares of ODDITY Tech Ltd. (NASDAQ:ODD - Free Report) by 473.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,002 shares of the company's stock after acquiring an additional 68,518 shares during the quarter. Russell Investments Group Ltd. owned about 0.15% of ODDITY Tech worth $3,591,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Nuveen LLC acquired a new position in shares of ODDITY Tech during the 1st quarter valued at $1,180,000. Swiss National Bank lifted its holdings in shares of ODDITY Tech by 6.3% during the 1st quarter. Swiss National Bank now owns 66,100 shares of the company's stock valued at $2,859,000 after acquiring an additional 3,900 shares in the last quarter. Deutsche Bank AG lifted its holdings in shares of ODDITY Tech by 65.0% during the 1st quarter. Deutsche Bank AG now owns 1,340 shares of the company's stock valued at $58,000 after acquiring an additional 528 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of ODDITY Tech during the 1st quarter valued at $584,000. Finally, Federated Hermes Inc. acquired a new position in shares of ODDITY Tech during the 1st quarter valued at $190,000. Institutional investors and hedge funds own 35.88% of the company's stock.

Analyst Upgrades and Downgrades

ODD has been the topic of several recent research reports. Morgan Stanley lifted their target price on shares of ODDITY Tech from $56.00 to $61.00 and gave the company an "equal weight" rating in a report on Wednesday, August 6th. KeyCorp boosted their price objective on shares of ODDITY Tech from $65.00 to $90.00 and gave the stock an "overweight" rating in a report on Monday, July 14th. Barclays boosted their price objective on shares of ODDITY Tech from $60.00 to $73.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 15th. JMP Securities boosted their price objective on shares of ODDITY Tech from $72.00 to $80.00 and gave the stock a "market outperform" rating in a report on Tuesday, August 5th. Finally, Bank of America boosted their price objective on shares of ODDITY Tech from $68.00 to $80.00 and gave the stock a "buy" rating in a report on Friday, June 27th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, ODDITY Tech currently has an average rating of "Moderate Buy" and a consensus target price of $74.88.

ODDITY Tech Stock Performance

Shares of ODDITY Tech stock opened at $60.51 on Friday. The firm has a market cap of $3.38 billion, a PE ratio of 33.62, a price-to-earnings-growth ratio of 2.88 and a beta of 3.27. The firm's 50-day simple moving average is $68.50 and its 200-day simple moving average is $58.01. 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 Ltd. has a 1 year low of $32.71 and a 1 year high of $79.18.

ODDITY Tech (NASDAQ:ODD - Get Free Report) last issued its earnings results on Monday, August 4th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.88 by $0.04. The business had revenue of $241.14 million for the quarter, compared to analyst estimates of $237.44 million. ODDITY Tech had a net margin of 14.65% and a return on equity of 32.17%. The company's revenue for the quarter was up 25.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. Equities 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.

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