17,756 Shares in Oddity Tech Ltd. (NASDAQ:ODD) Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new position in Oddity Tech Ltd. (NASDAQ:ODD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 17,756 shares of the company’s stock, valued at approximately $746,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. R Squared Ltd acquired a new stake in Oddity Tech during the 4th quarter worth $61,000. Wilmington Savings Fund Society FSB acquired a new stake in Oddity Tech during the 3rd quarter worth $99,000. Quarry LP acquired a new stake in Oddity Tech during the 3rd quarter worth $122,000. Blue Trust Inc. boosted its stake in Oddity Tech by 33.2% during the 4th quarter. Blue Trust Inc. now owns 6,437 shares of the company’s stock worth $260,000 after purchasing an additional 1,603 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new stake in Oddity Tech during the 3rd quarter worth $349,000. Hedge funds and other institutional investors own 35.88% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ODD shares. Barclays lifted their target price on shares of Oddity Tech from $42.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Thursday. KeyCorp lifted their target price on shares of Oddity Tech from $50.00 to $52.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 8th. JPMorgan Chase & Co. started coverage on shares of Oddity Tech in a research report on Friday, January 31st. They set an “overweight” rating and a $55.00 price target on the stock. Bank of America boosted their price target on shares of Oddity Tech from $50.00 to $58.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Morgan Stanley boosted their price target on shares of Oddity Tech from $46.00 to $50.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $54.44.

Oddity Tech Trading Up 5.6 %

Shares of ODD opened at $47.62 on Friday. The firm has a market cap of $2.71 billion, a P/E ratio of 29.04, a price-to-earnings-growth ratio of 1.48 and a beta of 4.34. Oddity Tech Ltd. has a 12-month low of $30.34 and a 12-month high of $51.00. The company’s 50-day moving average price is $44.24 and its 200 day moving average price is $41.95.

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.