Mark Sheptoff Financial Planning LLC Invests $42,000 in Oddity Tech Ltd. (NASDAQ:ODD)

Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Oddity Tech Ltd. (NASDAQ:ODD) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,000 shares of the company’s stock, valued at approximately $42,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Oddity Tech by 4.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 59,104 shares of the company’s stock worth $2,387,000 after acquiring an additional 2,665 shares during the period. Verition Fund Management LLC grew its stake in shares of Oddity Tech by 7.2% in the 3rd quarter. Verition Fund Management LLC now owns 35,248 shares of the company’s stock worth $1,423,000 after purchasing an additional 2,368 shares during the last quarter. PDT Partners LLC raised its holdings in shares of Oddity Tech by 39.2% in the 3rd quarter. PDT Partners LLC now owns 91,610 shares of the company’s stock worth $3,699,000 after purchasing an additional 25,789 shares in the last quarter. Bamco Inc. NY lifted its stake in Oddity Tech by 0.8% during the third quarter. Bamco Inc. NY now owns 1,246,046 shares of the company’s stock valued at $50,315,000 after purchasing an additional 9,665 shares during the last quarter. Finally, Centiva Capital LP boosted its holdings in Oddity Tech by 23.1% during the third quarter. Centiva Capital LP now owns 9,624 shares of the company’s stock worth $389,000 after buying an additional 1,804 shares in the last quarter. Institutional investors own 35.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Barclays lifted their price target 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. JPMorgan Chase & Co. began coverage on shares of Oddity Tech in a research report on Friday, January 31st. They issued an “overweight” rating and a $55.00 target price on the stock. The Goldman Sachs Group assumed coverage on shares of Oddity Tech in a research report on Friday, December 13th. They issued a “neutral” rating and a $48.00 price target for the company. Bank of America boosted their target price on shares of Oddity Tech from $50.00 to $58.00 and gave the company a “buy” rating in a research note on Thursday, February 27th. Finally, Morgan Stanley raised their target price on Oddity Tech from $46.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Oddity Tech presently has an average rating of “Moderate Buy” and an average target price of $53.00.

Oddity Tech Trading Down 0.6 %

Shares of NASDAQ:ODD opened at $45.05 on Wednesday. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 27.47, a P/E/G ratio of 1.48 and a beta of 4.20. Oddity Tech Ltd. has a 1 year low of $30.34 and a 1 year high of $51.00. The business has a fifty day simple moving average of $44.72 and a 200 day simple moving average of $42.86.

About Oddity Tech

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.