Mann Lindsay Drucker Sells 9,603 Shares of ODDITY Tech (NASDAQ:ODD) Stock

ODDITY Tech Ltd. (NASDAQ:ODD) CFO Mann Lindsay Drucker sold 9,603 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $13.44, for a total value of $129,064.32. Following the completion of the transaction, the chief financial officer directly owned 77,709 shares in the company, valued at $1,044,408.96. This trade represents a 11.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Thursday, April 30th, Mann Lindsay Drucker sold 9,600 shares of ODDITY Tech stock. The stock was sold at an average price of $15.62, for a total value of $149,952.00.
• On Tuesday, March 31st, Mann Lindsay Drucker sold 9,604 shares of ODDITY Tech stock. The stock was sold at an average price of $12.85, for a total value of $123,411.40.

ODDITY Tech Stock Down 29.6%

NASDAQ ODD opened at $9.84 on Wednesday. The stock’s 50-day moving average price is $13.96 and its 200-day moving average price is $26.24. The company has a quick ratio of 4.06, a current ratio of 5.24 and a debt-to-equity ratio of 1.47. ODDITY Tech Ltd. has a 52 week low of $9.38 and a 52 week high of $79.18. The company has a market capitalization of $566.59 million, a P/E ratio of 5.47, a price-to-earnings-growth ratio of 1.83 and a beta of 2.47.

ODDITY Tech (NASDAQ:ODD) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.13). ODDITY Tech had a return on equity of 29.84% and a net margin of 13.68%.The company had revenue of $197.94 million during the quarter, compared to the consensus estimate of $187.87 million. During the same period last year, the business earned $0.69 EPS. The firm’s quarterly revenue was down 26.2% compared to the same quarter last year. On average, equities research analysts predict that ODDITY Tech Ltd. will post 0.64 earnings per share for the current year.

ODDITY Tech News Summary

Here are the key news stories impacting ODDITY Tech this week:

• Neutral Sentiment: ODDITY reported Q1 revenue of $197.9 million, which beat estimates, but the company posted a loss of $0.17 per share versus expectations for a smaller loss of $0.04. The earnings call transcript and earnings snapshot reinforced that the quarter was mixed rather than cleanly positive. Article Title
• Neutral Sentiment: The company said it has strong liquidity, with $667.4 million in cash, cash equivalents and investments plus $350 million in undrawn credit facilities, which helps reduce near-term balance-sheet risk. Article Title
• Negative Sentiment: Management warned that customer-acquisition issues and ad disruption are weighing on sales, and that these problems will likely pressure 2026 revenue. That guidance miss is the main reason investors are selling the stock. Article Title
• Negative Sentiment: ODDITY also guided second-quarter revenue to $168.8 million-$180.9 million, below the $192.0 million consensus estimate, reinforcing fears that growth is slowing further. Article Title
• Negative Sentiment: Several reports highlighted that customer-acquisition costs are rising sharply and the company slipped further into the red, which is hurting sentiment and contributing to the stock’s decline. Article Title
• Negative Sentiment: Needham reaffirmed a “hold” rating, while recent insider sale headlines may also add to pressure, though the CFO sale was tied to tax withholding on equity vesting. Article Title

Institutional Trading of ODDITY Tech

A number of large investors have recently added to or reduced their stakes in ODD. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in ODDITY Tech by 16.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,117 shares of the company’s stock worth $3,293,000 after acquiring an additional 10,582 shares during the last quarter. Geode Capital Management LLC increased its stake in ODDITY Tech by 12.9% in the 2nd quarter. Geode Capital Management LLC now owns 75,063 shares of the company’s stock worth $5,660,000 after acquiring an additional 8,561 shares during the last quarter. Legal & General Group Plc bought a new stake in ODDITY Tech in the 2nd quarter worth approximately $71,000. American Century Companies Inc. increased its stake in ODDITY Tech by 17.3% in the 2nd quarter. American Century Companies Inc. now owns 14,300 shares of the company’s stock worth $1,079,000 after acquiring an additional 2,105 shares during the last quarter. Finally, Invesco Ltd. bought a new stake in ODDITY Tech in the 2nd quarter worth approximately $327,000. Institutional investors own 35.88% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Weiss Ratings cut ODDITY Tech from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 3rd. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $16.00 target price (down from $59.00) on shares of ODDITY Tech in a research report on Thursday, February 26th. Barclays reiterated an “underweight” rating and set a $13.00 target price (down from $40.00) on shares of ODDITY Tech in a research report on Thursday, February 26th. Bank of America cut ODDITY Tech from a “buy” rating to an “underperform” rating and set a $10.00 target price for the company. in a research report on Thursday, February 26th. Finally, Citizens Jmp cut ODDITY Tech from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $30.66.

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.