Quantbot Technologies LP Purchases 36,485 Shares of ODDITY Tech Ltd. $ODD

Key Points

• Quantbot Technologies LP significantly increased its holdings in ODDITY Tech by 386.3%, now owning approximately 0.08% of the company, valued at nearly $1.99 million.
• ODDITY Tech reported earnings of $0.92 per share for the last quarter, exceeding analysts' expectations and showing a 25.1% year-over-year revenue increase to $241.14 million.
• Wall Street analysts are optimistic about ODDITY Tech, with several firms raising their price targets, resulting in an average target of $74.88 and a rating of "Moderate Buy."

Quantbot Technologies LP boosted its holdings in shares of ODDITY Tech Ltd. (NASDAQ:ODD - Free Report) by 386.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,929 shares of the company's stock after purchasing an additional 36,485 shares during the quarter. Quantbot Technologies LP owned about 0.08% of ODDITY Tech worth $1,987,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Deutsche Bank AG raised its stake in ODDITY Tech by 65.0% during the first quarter. Deutsche Bank AG now owns 1,340 shares of the company's stock valued at $58,000 after purchasing an additional 528 shares in the last quarter. Wells Fargo & Company MN raised its stake 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 valued at $126,000 after acquiring an additional 449 shares during the period. Federated Hermes Inc. purchased a new stake in shares of ODDITY Tech in the first quarter valued at $190,000. PharVision Advisers LLC purchased a new stake in shares of ODDITY Tech in the fourth quarter valued at $299,000. Finally, Blue Trust Inc. raised its stake in shares of ODDITY Tech by 15.4% in the first quarter. Blue Trust Inc. now owns 7,573 shares of the company's stock valued at $328,000 after acquiring an additional 1,008 shares during the period. Hedge funds and other institutional investors own 35.88% of the company's stock.

Analyst Ratings Changes

ODD has been the topic of several recent analyst reports. The Goldman Sachs Group increased their target price on shares of ODDITY Tech from $47.00 to $52.00 and gave the company a "neutral" rating in a research note on Thursday, May 1st. Truist Financial increased their target price on shares of ODDITY Tech from $65.00 to $78.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Bank of America upped their price target 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. Morgan Stanley upped their price target on shares of ODDITY Tech from $56.00 to $61.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 6th. Finally, JMP Securities upped their price target 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. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $74.88.

ODDITY Tech Trading Down 1.5%

Shares of NASDAQ ODD traded down $0.89 during mid-day trading on Monday, reaching $59.62. The company had a trading volume of 360,300 shares, compared to its average volume of 865,868. The business's 50-day moving average is $68.50 and its 200-day moving average is $58.08. The company has a current ratio of 6.32, a quick ratio of 5.57 and a debt-to-equity ratio of 1.66. The stock has a market cap of $3.33 billion, a price-to-earnings ratio of 33.12, a price-to-earnings-growth ratio of 2.88 and a beta of 3.27. ODDITY Tech Ltd. has a 52 week low of $32.71 and a 52 week 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, topping 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 company had revenue of $241.14 million for the quarter, compared to analysts' expectations of $237.44 million. During the same period in the prior year, the business earned $0.82 EPS. The firm's quarterly 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. Equities analysts expect that ODDITY Tech Ltd. will post 1.62 earnings per share for the current 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.