William Blair Investment Management LLC Reduces Position in ODDITY Tech Ltd. $ODD

William Blair Investment Management LLC trimmed its holdings in shares of ODDITY Tech Ltd. (NASDAQ:ODD) by 46.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 142,548 shares of the company’s stock after selling 124,909 shares during the quarter. William Blair Investment Management LLC owned 0.26% of ODDITY Tech worth $10,758,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Nordea Investment Management AB increased its position in shares of ODDITY Tech by 2.0% during the second quarter. Nordea Investment Management AB now owns 81,500 shares of the company’s stock worth $6,087,000 after acquiring an additional 1,600 shares during the last quarter. TD Asset Management Inc purchased a new stake in shares of ODDITY Tech during the second quarter worth about $464,000. Atria Wealth Solutions Inc. purchased a new stake in shares of ODDITY Tech during the second quarter worth about $296,000. Blair William & Co. IL acquired a new position in ODDITY Tech in the second quarter worth about $204,000. Finally, KLP Kapitalforvaltning AS increased its holdings in ODDITY Tech by 8.8% in the second quarter. KLP Kapitalforvaltning AS now owns 14,800 shares of the company’s stock valued at $1,117,000 after buying an additional 1,200 shares during the last quarter. 35.88% of the stock is owned by hedge funds and other institutional investors.

ODDITY Tech Stock Performance

Shares of ODD stock opened at $51.58 on Tuesday. The company has a quick ratio of 5.57, a current ratio of 6.32 and a debt-to-equity ratio of 1.66. The business has a 50 day moving average of $59.36 and a two-hundred day moving average of $62.41. ODDITY Tech Ltd. has a 52 week low of $35.30 and a 52 week high of $79.18. The company has a market cap of $2.88 billion, a P/E ratio of 28.66, a PEG ratio of 2.42 and a beta of 3.21.

ODDITY Tech (NASDAQ:ODD) last issued its earnings results on Monday, August 4th. The company reported $0.92 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.04. ODDITY Tech had a return on equity of 32.17% and a net margin of 14.65%.The company had revenue of $241.14 million during the quarter, compared to the consensus estimate of $237.44 million. During the same period in the previous year, the firm posted $0.82 earnings per share. ODDITY Tech’s quarterly revenue was up 25.1% compared to the same quarter last year. ODDITY Tech has set its Q3 2025 guidance at 0.330-0.360 EPS. FY 2025 guidance at 1.990-2.040 EPS. As a group, analysts anticipate that ODDITY Tech Ltd. will post 1.62 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on ODD shares. Jefferies Financial Group started coverage on ODDITY Tech in a report on Wednesday, September 24th. They issued a “buy” rating and a $78.00 price objective for the company. Morgan Stanley boosted their price objective on ODDITY Tech from $56.00 to $61.00 and gave the company an “equal weight” rating in a report on Wednesday, August 6th. Bank of America boosted their price objective on ODDITY Tech from $68.00 to $80.00 and gave the company a “buy” rating in a report on Friday, June 27th. Barclays boosted their price objective on ODDITY Tech from $60.00 to $73.00 and gave the company an “equal weight” rating in a report on Tuesday, July 15th. Finally, Needham & Company LLC started coverage on ODDITY Tech in a report on Thursday, August 28th. They issued a “buy” rating and a $72.00 price objective for the company. Seven investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $73.90.

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.