Fundsmith Reduces $31M in Oddity Tech Ltd. ($ODD)
Key Points
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Fundsmith reduced its position in Oddity Tech Ltd. ($ODD), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of Oddity Tech Ltd. after selling 2,074,167 shares during the quarter.
Oddity Tech Ltd. Stock Up 5.4%
Shares of Oddity Tech Ltd. ($ODD) traded around $15.13 on Saturday, up 5.4% for the day.
Oddity Tech Ltd. Earnings
Analysts Set New Price Targets
About Oddity Tech Ltd.
Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States, Israel, and internationally. It serves consumers through its platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty, wellness, and technology products. The company provides a portfolio of products, including face and complexion, eye, brow and lip products, makeup tools, bodycare, medical grade prescription and OTC products, skincare, color cosmetics, haircare, and supplements under the IL MAKIAGE and SpoiledChild brands. In addition, it operates ODDITY LABS, a biotechnology center, which deploys AI-based molecule discovery technology to identify and launch novel ingredients that delivers performance and outcomes for consumers in beauty and wellness. Oddity Tech Ltd. was incorporated in 2013 and is headquartered in Jaffa, Israel.
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