Oddity Tech Ltd. (NASDAQ:ODD) Shares Acquired by Sei Investments Co.

Sei Investments Co. increased its stake in shares of Oddity Tech Ltd. (NASDAQ:ODD) by 6.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,335 shares of the company’s stock after acquiring an additional 1,674 shares during the period. Sei Investments Co.’s holdings in Oddity Tech were worth $1,107,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Wellington Management Group LLP purchased a new position in Oddity Tech in the third quarter valued at $12,085,000. State Street Corp grew its position in shares of Oddity Tech by 5.7% during the 3rd quarter. State Street Corp now owns 236,199 shares of the company’s stock valued at $9,538,000 after acquiring an additional 12,700 shares during the period. Peregrine Capital Management LLC increased its stake in shares of Oddity Tech by 1.9% in the 4th quarter. Peregrine Capital Management LLC now owns 146,155 shares of the company’s stock valued at $6,141,000 after purchasing an additional 2,719 shares in the last quarter. New York State Common Retirement Fund raised its holdings in Oddity Tech by 18,799.2% in the 4th quarter. New York State Common Retirement Fund now owns 144,390 shares of the company’s stock worth $6,067,000 after purchasing an additional 143,626 shares during the period. Finally, Moody National Bank Trust Division boosted its position in Oddity Tech by 12.6% during the fourth quarter. Moody National Bank Trust Division now owns 92,696 shares of the company’s stock worth $3,895,000 after purchasing an additional 10,338 shares in the last quarter. 35.88% of the stock is currently owned by hedge funds and other institutional investors.

Oddity Tech Stock Up 2.8 %

Shares of NASDAQ ODD opened at $39.02 on Tuesday. The firm has a 50-day simple moving average of $44.42 and a 200-day simple moving average of $43.35. The stock has a market capitalization of $2.18 billion, a price-to-earnings ratio of 23.79, a price-to-earnings-growth ratio of 1.48 and a beta of 3.73. Oddity Tech Ltd. has a 52 week low of $30.34 and a 52 week high of $51.00.

Wall Street Analysts Forecast Growth

ODD has been the subject of a number of recent analyst reports. Bank of America boosted their price objective on Oddity Tech from $50.00 to $58.00 and gave the company a “buy” rating in a research report on Thursday, February 27th. Barclays boosted their price target on shares of Oddity Tech from $42.00 to $46.00 and gave the stock an “equal weight” rating in a report on Thursday, February 27th. Morgan Stanley lifted their target price on shares of Oddity Tech from $46.00 to $50.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. KeyCorp boosted their target price on shares of Oddity Tech from $50.00 to $52.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 8th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Oddity Tech in a research note on Friday, January 31st. They issued an “overweight” rating and a $55.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $52.43.

Oddity Tech 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.