ODDITY Tech Ltd. (NASDAQ:ODD – Get Free Report) CFO Mann Lindsay Drucker sold 3,493 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $15.01, for a total value of $52,429.93. Following the sale, the chief financial officer owned 104,492 shares of the company’s stock, valued at $1,568,424.92. The trade was a 3.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Mann Lindsay Drucker also recently made the following trade(s):
- On Wednesday, August 5th, Mann Lindsay Drucker sold 11,473 shares of ODDITY Tech stock. The shares were sold at an average price of $15.10, for a total value of $173,242.30.
- On Tuesday, June 30th, Mann Lindsay Drucker sold 109,602 shares of ODDITY Tech stock. The shares were sold at an average price of $15.09, for a total value of $1,653,894.18.
- On Monday, June 1st, Mann Lindsay Drucker sold 9,603 shares of ODDITY Tech stock. The stock was sold at an average price of $13.44, for a total transaction of $129,064.32.
ODDITY Tech Stock Up 3.2%
Shares of ODD stock traded up $0.46 during trading on Thursday, hitting $14.99. 708,948 shares of the company were exchanged, compared to its average volume of 1,659,229. The company has a debt-to-equity ratio of 1.96, a quick ratio of 2.86 and a current ratio of 4.06. The firm has a market capitalization of $863.05 million, a price-to-earnings ratio of 18.97 and a beta of 2.38. The business’s 50-day simple moving average is $14.87 and its 200 day simple moving average is $15.36. ODDITY Tech Ltd. has a twelve month low of $9.25 and a twelve month high of $64.23.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on ODD shares. Jefferies Financial Group reaffirmed a “hold” rating and issued a $10.25 price target on shares of ODDITY Tech in a research note on Tuesday, June 2nd. The Goldman Sachs Group cut ODDITY Tech from a “hold” rating to a “sell” rating and reduced their price objective for the company from $16.00 to $8.00 in a research report on Wednesday, June 3rd. Zacks Research upgraded ODDITY Tech from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Needham & Company LLC reaffirmed a “hold” rating on shares of ODDITY Tech in a research report on Tuesday, June 2nd. Finally, Morgan Stanley cut their price target on ODDITY Tech from $16.00 to $10.00 and set an “equal weight” rating for the company in a research note on Wednesday, June 3rd. Nine analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, ODDITY Tech presently has an average rating of “Reduce” and an average price target of $25.39.
Get Our Latest Stock Analysis on ODD
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of ODD. California State Teachers Retirement System raised its holdings in shares of ODDITY Tech by 1,432.4% during the 2nd quarter. California State Teachers Retirement System now owns 664,752 shares of the company’s stock valued at $10,058,000 after purchasing an additional 621,371 shares in the last quarter. Sigma Planning Corp increased its position in ODDITY Tech by 37.7% during the second quarter. Sigma Planning Corp now owns 14,510 shares of the company’s stock worth $220,000 after buying an additional 3,975 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of ODDITY Tech during the 2nd quarter worth about $300,000. Avidity Partners Management LP acquired a new position in shares of ODDITY Tech during the 1st quarter valued at about $937,000. Finally, Segall Bryant & Hamill LLC acquired a new position in shares of ODDITY Tech during the 1st quarter valued at about $488,000. Institutional investors and hedge funds own 35.88% of the company’s stock.
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. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands.
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