Mann Lindsay Drucker Sells 7,717 Shares of ODDITY Tech (NASDAQ:ODD) Stock

ODDITY Tech Ltd. (NASDAQ:ODDGet Free Report) CFO Mann Drucker sold 7,717 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $15.09, for a total transaction of $116,449.53. Following the transaction, the chief financial officer directly owned 116,135 shares of the company’s stock, valued at $1,752,477.15. This trade represents a 6.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mann Lindsay Drucker also recently made the following trade(s):

  • On Thursday, September 3rd, Mann Drucker sold 809 shares of ODDITY Tech stock. The shares were sold at an average price of $15.01, for a total transaction of $12,143.09.
  • On Monday, August 31st, Mann Drucker sold 12,286 shares of ODDITY Tech stock. The shares were sold at an average price of $14.27, for a total transaction of $175,321.22.
  • On Thursday, August 27th, Mann Drucker sold 5,503 shares of ODDITY Tech stock. The shares were sold at an average price of $15.00, for a total transaction of $82,545.00.
  • On Friday, August 28th, Mann Drucker sold 21,571 shares of ODDITY Tech stock. The stock was sold at an average price of $15.14, for a total value of $326,584.94.
  • On Wednesday, August 26th, Mann Drucker sold 3,493 shares of ODDITY Tech stock. The shares were sold at an average price of $15.01, for a total value of $52,429.93.
  • On Wednesday, August 5th, Mann 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 Drucker sold 109,602 shares of ODDITY Tech stock. The stock was sold at an average price of $15.09, for a total value of $1,653,894.18.

ODDITY Tech Stock Performance

ODDITY Tech stock opened at $13.75 on Friday. The company has a market cap of $791.73 million, a price-to-earnings ratio of 17.41 and a beta of 2.38. ODDITY Tech Ltd. has a 12 month low of $9.25 and a 12 month high of $64.23. The company has a debt-to-equity ratio of 1.96, a current ratio of 4.06 and a quick ratio of 2.86. The stock’s 50-day moving average is $15.03 and its 200-day moving average is $14.73.

ODDITY Tech (NASDAQ:ODDGet Free Report) last posted its earnings results on Tuesday, June 2nd. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.13). ODDITY Tech had a return on equity of 15.38% and a net margin of 6.97%.The business had revenue of $197.94 million for the quarter, compared to analyst estimates of $187.87 million. During the same period last year, the company posted $0.69 EPS. The firm’s revenue for the quarter was down 26.2% compared to the same quarter last year. Equities analysts anticipate that ODDITY Tech Ltd. will post -0.55 earnings per share for the current year.

Institutional Investors Weigh In On ODDITY Tech

Several large investors have recently made changes to their positions in the company. Wexford Capital LP acquired a new stake in ODDITY Tech in the third quarter valued at approximately $40,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of ODDITY Tech by 134.8% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,134 shares of the company’s stock worth $69,000 after purchasing an additional 651 shares during the last quarter. USS Investment Management Ltd increased its stake in shares of ODDITY Tech by 5.3% during the 4th quarter. USS Investment Management Ltd now owns 13,753 shares of the company’s stock worth $552,000 after purchasing an additional 695 shares during the last quarter. California State Teachers Retirement System raised its holdings in shares of ODDITY Tech by 2.0% during the 4th quarter. California State Teachers Retirement System now owns 43,532 shares of the company’s stock valued at $1,749,000 after purchasing an additional 870 shares in the last quarter. Finally, Entropy Technologies LP raised its holdings in shares of ODDITY Tech by 10.0% during the 3rd quarter. Entropy Technologies LP now owns 9,900 shares of the company’s stock valued at $617,000 after purchasing an additional 900 shares in the last quarter. Institutional investors own 35.88% of the company’s stock.

Wall Street Analyst Weigh In

ODD has been the subject of several research analyst reports. The Goldman Sachs Group downgraded shares of ODDITY Tech from a “hold” rating to a “sell” rating and reduced their price objective for the stock from $16.00 to $8.00 in a report on Wednesday, June 3rd. KeyCorp reiterated a “sector weight” rating on shares of ODDITY Tech in a research report on Wednesday, June 3rd. Zacks Research raised ODDITY Tech from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Morgan Stanley decreased their target price on ODDITY Tech from $16.00 to $10.00 and set an “equal weight” rating on the stock in a report on Wednesday, June 3rd. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $10.25 target price on shares of ODDITY Tech in a research report on Tuesday, June 2nd. Nine research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $25.75.

View Our Latest Analysis on ODD

ODDITY Tech Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for ODDITY Tech (NASDAQ:ODD)

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