PDT Partners LLC Acquires 28,152 Shares of ODDITY Tech Ltd. $ODD

PDT Partners LLC grew its stake in shares of ODDITY Tech Ltd. (NASDAQ:ODD) by 34.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 109,518 shares of the company’s stock after acquiring an additional 28,152 shares during the period. PDT Partners LLC owned 0.20% of ODDITY Tech worth $4,738,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Baillie Gifford & Co. raised its stake in shares of ODDITY Tech by 4.8% during the 1st quarter. Baillie Gifford & Co. now owns 6,255,326 shares of the company’s stock valued at $270,605,000 after purchasing an additional 285,745 shares during the period. Granahan Investment Management LLC boosted its stake in ODDITY Tech by 15.9% in the 4th quarter. Granahan Investment Management LLC now owns 1,538,198 shares of the company’s stock worth $64,635,000 after purchasing an additional 211,485 shares during the period. Bamco Inc. NY grew its holdings in ODDITY Tech by 14.7% during the 4th quarter. Bamco Inc. NY now owns 1,429,198 shares of the company’s stock valued at $60,055,000 after buying an additional 183,152 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of ODDITY Tech by 0.5% during the first quarter. Massachusetts Financial Services Co. MA now owns 1,289,493 shares of the company’s stock valued at $55,783,000 after buying an additional 6,419 shares during the period. Finally, Janus Henderson Group PLC increased its position in shares of ODDITY Tech by 71.9% during the fourth quarter. Janus Henderson Group PLC now owns 846,281 shares of the company’s stock valued at $35,539,000 after buying an additional 354,083 shares during the period. 35.88% of the stock is owned by institutional investors.

ODDITY Tech Price Performance

ODD stock opened at $60.21 on Monday. The firm has a 50 day simple moving average of $67.43 and a two-hundred day simple moving average of $58.71. The stock has a market cap of $3.36 billion, a PE ratio of 33.45, a P/E/G ratio of 2.87 and a beta of 3.25. ODDITY Tech Ltd. has a one year low of $32.71 and a one year high of $79.18. The company has a debt-to-equity ratio of 1.66, a current ratio of 6.32 and a quick ratio of 5.57.

ODDITY Tech (NASDAQ:ODD) last posted its quarterly earnings data on Monday, August 4th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.04. ODDITY Tech had a net margin of 14.65% and a return on equity of 32.17%. The company had revenue of $241.14 million during the quarter, compared to the consensus estimate of $237.44 million. During the same period in the previous year, the firm posted $0.82 EPS. The firm’s revenue was up 25.1% compared to the same quarter last year. ODDITY Tech has set its Q3 2025 guidance at 0.330-0.360 EPS. FY 2025 guidance at 1.990-2.040 EPS. On average, analysts predict that ODDITY Tech Ltd. will post 1.62 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on ODD. Morgan Stanley raised their price objective on shares of ODDITY Tech from $56.00 to $61.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. Barclays increased their target price on shares of ODDITY Tech from $60.00 to $73.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 15th. KeyCorp boosted their price target on shares of ODDITY Tech from $65.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, July 14th. Needham & Company LLC started coverage on ODDITY Tech in a research report on Thursday. They issued a “buy” rating and a $72.00 price objective on the stock. Finally, Truist Financial lifted their price objective on ODDITY Tech from $65.00 to $78.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, ODDITY Tech currently has an average rating of “Moderate Buy” and an average price target of $74.56.

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.