Oddity Tech Ltd. (NASDAQ:ODD) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in Oddity Tech Ltd. (NASDAQ:ODD - Free Report) by 37.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 170,878 shares of the company's stock after buying an additional 46,776 shares during the quarter. JPMorgan Chase & Co. owned 0.30% of Oddity Tech worth $7,180,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. D.A. Davidson & CO. increased its position in Oddity Tech by 1.1% during the fourth quarter. D.A. Davidson & CO. now owns 25,838 shares of the company's stock worth $1,086,000 after buying an additional 273 shares in the last quarter. American Century Companies Inc. increased its position in Oddity Tech by 5.1% during the 4th quarter. American Century Companies Inc. now owns 12,334 shares of the company's stock worth $518,000 after purchasing an additional 593 shares in the last quarter. Geode Capital Management LLC increased its position in Oddity Tech by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 63,625 shares of the company's stock worth $2,569,000 after purchasing an additional 750 shares in the last quarter. Mark Sheptoff Financial Planning LLC acquired a new position in Oddity Tech in the 4th quarter valued at about $42,000. Finally, Wilmington Savings Fund Society FSB lifted its holdings in Oddity Tech by 49.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,650 shares of the company's stock valued at $153,000 after purchasing an additional 1,200 shares in the last quarter. Institutional investors and hedge funds own 35.88% of the company's stock.

Oddity Tech Trading Up 1.8 %

ODD stock traded up $0.73 during trading on Tuesday, hitting $41.53. The company had a trading volume of 196,194 shares, compared to its average volume of 515,328. The firm has a market capitalization of $2.32 billion, a price-to-earnings ratio of 25.32, a P/E/G ratio of 1.48 and a beta of 3.73. The business has a 50 day moving average of $43.38 and a 200 day moving average of $43.52. Oddity Tech Ltd. has a fifty-two week low of $30.34 and a fifty-two week high of $51.00.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Bank of America boosted their price objective on shares of Oddity Tech from $50.00 to $58.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. KeyCorp reduced their price target on Oddity Tech from $52.00 to $50.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Barclays lifted their price objective on Oddity Tech from $42.00 to $46.00 and gave the company an "equal weight" rating in a research report on Thursday, February 27th. JMP Securities reiterated a "market outperform" rating and issued a $66.00 target price on shares of Oddity Tech in a research note on Tuesday. Finally, JPMorgan Chase & Co. decreased their price target on Oddity Tech from $56.00 to $50.00 and set an "overweight" rating on the stock in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $53.25.

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.