Nordea Investment Management AB Buys 16,100 Shares of ODDITY Tech Ltd. $ODD

Nordea Investment Management AB boosted its position in ODDITY Tech Ltd. (NASDAQ:ODD) by 19.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 97,600 shares of the company’s stock after buying an additional 16,100 shares during the period. Nordea Investment Management AB’s holdings in ODDITY Tech were worth $5,957,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Massachusetts Financial Services Co. MA increased its holdings in ODDITY Tech by 32.5% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,709,195 shares of the company’s stock valued at $128,993,000 after buying an additional 419,702 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of ODDITY Tech by 8,711.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 835,315 shares of the company’s stock valued at $63,041,000 after purchasing an additional 825,835 shares in the last quarter. Acadian Asset Management LLC increased its stake in shares of ODDITY Tech by 507.8% in the 2nd quarter. Acadian Asset Management LLC now owns 821,759 shares of the company’s stock valued at $61,984,000 after purchasing an additional 686,549 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of ODDITY Tech by 378.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 671,724 shares of the company’s stock worth $50,695,000 after buying an additional 531,334 shares in the last quarter. Finally, Marshall Wace LLP lifted its position in shares of ODDITY Tech by 118.7% during the 2nd quarter. Marshall Wace LLP now owns 464,269 shares of the company’s stock worth $35,038,000 after buying an additional 252,016 shares during the last quarter. 35.88% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Jefferies Financial Group started coverage on ODDITY Tech in a research note on Wednesday, September 24th. They issued a “buy” rating and a $78.00 price objective on the stock. Morgan Stanley decreased their price target on shares of ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating on the stock in a report on Friday, November 21st. Zacks Research upgraded shares of ODDITY Tech from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. Barclays decreased their target price on shares of ODDITY Tech from $64.00 to $46.00 and set an “equal weight” rating on the stock in a research note on Friday, November 21st. Finally, Wall Street Zen upgraded ODDITY Tech from a “sell” rating to a “hold” rating in a research note on Sunday, November 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, ODDITY Tech currently has an average rating of “Moderate Buy” and a consensus target price of $64.40.

ODDITY Tech Price Performance

ODD stock opened at $35.40 on Friday. The company has a quick ratio of 6.42, a current ratio of 7.54 and a debt-to-equity ratio of 1.53. The firm has a market cap of $1.98 billion, a price-to-earnings ratio of 19.78, a PEG ratio of 1.41 and a beta of 3.17. The company’s fifty day simple moving average is $40.51 and its 200 day simple moving average is $53.41. ODDITY Tech Ltd. has a 12-month low of $33.06 and a 12-month high of $79.18.

ODDITY Tech (NASDAQ:ODD) last posted its quarterly earnings data on Wednesday, November 19th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.05. ODDITY Tech had a return on equity of 31.68% and a net margin of 14.11%.The firm had revenue of $147.90 million during the quarter, compared to analyst estimates of $145.44 million. During the same period last year, the company posted $0.32 EPS. The business’s quarterly revenue was up 24.3% on a year-over-year basis. ODDITY Tech has set its Q4 2025 guidance at 0.110-0.130 EPS and its FY 2025 guidance at 2.100-2.120 EPS. On average, 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. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands.