Russell Investments Group Ltd. Takes Position in Oddity Tech Ltd. (NASDAQ:ODD)

Russell Investments Group Ltd. bought a new stake in Oddity Tech Ltd. (NASDAQ:ODD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 14,484 shares of the company's stock, valued at approximately $609,000.

A number of other large investors have also recently made changes to their positions in ODD. Mark Sheptoff Financial Planning LLC purchased a new stake in Oddity Tech during the 4th quarter valued at approximately $42,000. R Squared Ltd purchased a new stake in Oddity Tech during the 4th quarter valued at approximately $61,000. Wilmington Savings Fund Society FSB purchased a new stake in Oddity Tech during the 3rd quarter valued at approximately $99,000. Wells Fargo & Company MN raised its stake in Oddity Tech by 17.6% during the 4th 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 last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Oddity Tech during the 4th quarter valued at approximately $246,000. 35.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ODD. JPMorgan Chase & Co. cut their target price on Oddity Tech from $56.00 to $50.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. JMP Securities reissued a "market outperform" rating and set a $66.00 target price on shares of Oddity Tech in a research note on Tuesday, April 22nd. Bank of America increased their target price on Oddity Tech from $50.00 to $58.00 and gave the stock a "buy" rating in a research note on Thursday, February 27th. Barclays increased their target price on Oddity Tech from $42.00 to $46.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 27th. Finally, KeyCorp cut their target price on Oddity Tech from $52.00 to $50.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Oddity Tech presently has a consensus rating of "Moderate Buy" and a consensus target price of $53.25.

Oddity Tech Stock Up 1.8 %

Shares of ODD traded up $0.81 on Monday, reaching $45.06. The stock had a trading volume of 439,487 shares, compared to its average volume of 512,587. The firm has a market capitalization of $2.52 billion, a PE ratio of 27.48, a PEG ratio of 1.48 and a beta of 3.73. The firm has a 50-day moving average of $43.39 and a 200 day moving average of $43.65. Oddity Tech Ltd. has a twelve month low of $30.34 and a twelve month high of $51.00.

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.