Migdal Insurance & Financial Holdings Ltd. Has $17.49 Million Stock Holdings in ODDITY Tech Ltd. $ODD

Migdal Insurance & Financial Holdings Ltd. boosted its position in ODDITY Tech Ltd. (NASDAQ:ODD) by 14.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 280,764 shares of the company’s stock after buying an additional 35,000 shares during the period. Migdal Insurance & Financial Holdings Ltd. owned approximately 0.50% of ODDITY Tech worth $17,492,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ODD. WD Rutherford LLC bought a new stake in shares of ODDITY Tech during the second quarter valued at approximately $48,000. Assetmark Inc. bought a new position in shares of ODDITY Tech in the 2nd quarter worth $54,000. Legal & General Group Plc acquired a new stake in ODDITY Tech in the 2nd quarter valued at $71,000. Headlands Technologies LLC acquired a new stake in ODDITY Tech in the 2nd quarter valued at $108,000. Finally, Blair William & Co. IL bought a new stake in ODDITY Tech during the 2nd quarter valued at $204,000. Institutional investors own 35.88% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ODDITY Tech in a research note on Wednesday, October 8th. Zacks Research upgraded shares of ODDITY Tech from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 30th. JPMorgan Chase & Co. cut their price target on ODDITY Tech from $67.00 to $59.00 and set an “overweight” rating for the company in a research note on Friday, December 12th. JMP Securities reissued a “market outperform” rating and set a $80.00 price objective on shares of ODDITY Tech in a report on Tuesday, September 23rd. Finally, Morgan Stanley lowered their price objective on ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating for the company in a research note on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, ODDITY Tech currently has an average rating of “Moderate Buy” and an average price target of $64.40.

ODDITY Tech Trading Up 0.0%

Shares of ODD stock opened at $35.41 on Wednesday. The company has a debt-to-equity ratio of 1.53, a quick ratio of 6.42 and a current ratio of 7.54. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 19.78, a PEG ratio of 1.41 and a beta of 3.17. ODDITY Tech Ltd. has a 52-week low of $33.06 and a 52-week high of $79.18. The company 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 posted its earnings results on Wednesday, November 19th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.35 by $0.05. The firm had revenue of $147.90 million for the quarter, compared to analysts’ expectations of $145.44 million. ODDITY Tech had a net margin of 14.11% and a return on equity of 31.68%. The company’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.32 EPS. 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. Research analysts anticipate that ODDITY Tech Ltd. will post 1.62 EPS for the current fiscal year.

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.