Migdal Insurance & Financial Holdings Ltd. Buys 35,000 Shares of ODDITY Tech Ltd. $ODD

Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of ODDITY Tech Ltd. (NASDAQ:ODD) by 14.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 280,764 shares of the company’s stock after buying an additional 35,000 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in ODDITY Tech were worth $17,492,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. WD Rutherford LLC bought a new position in shares of ODDITY Tech during the 2nd quarter valued at approximately $48,000. Assetmark Inc. purchased a new position in ODDITY Tech in the second quarter valued at approximately $54,000. Legal & General Group Plc bought a new position in ODDITY Tech during the second quarter valued at $71,000. Headlands Technologies LLC bought a new position in ODDITY Tech during the second quarter valued at $108,000. Finally, Blair William & Co. IL purchased a new stake in ODDITY Tech in the second quarter worth $204,000. 35.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. KeyCorp dropped their price target on ODDITY Tech from $70.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. Barclays lowered their price objective on 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. Morgan Stanley cut their target price on shares of ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating for the company in a research report on Friday, November 21st. Needham & Company LLC reissued a “buy” rating and issued a $72.00 price target on shares of ODDITY Tech in a research report on Thursday, November 20th. Finally, JPMorgan Chase & Co. dropped their price target on shares of ODDITY Tech from $67.00 to $59.00 and set an “overweight” rating on the stock in a research note on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $64.40.

ODDITY Tech Stock Up 0.0%

ODD stock opened at $35.41 on Wednesday. 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 capitalization of $1.98 billion, a PE ratio of 19.78, a PEG ratio of 1.41 and a beta of 3.17. ODDITY Tech Ltd. has a twelve month low of $33.06 and a twelve month high of $79.18. The stock has a 50-day simple moving average of $40.34 and a two-hundred day simple moving average of $52.70.

ODDITY Tech (NASDAQ:ODD) last released its quarterly earnings data on Wednesday, November 19th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. The company had revenue of $147.90 million during the quarter, compared to analyst estimates of $145.44 million. ODDITY Tech had a net margin of 14.11% and a return on equity of 31.68%. ODDITY Tech’s revenue was up 24.3% compared to the same quarter last year. During the same period last year, the business earned $0.32 earnings per share. 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, equities analysts predict that ODDITY Tech Ltd. will post 1.62 EPS for the current fiscal year.

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. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands.