SCHEDULE: FMR LLC Reports 4.7% Stake in Oddity Tech Ltd

FMR LLC and Abigail P. Johnson have jointly filed a Schedule 13G, reporting a beneficial ownership of 4.7% in Oddity Tech Ltd's Class A Common Stock as of March 31, 2026.

Summary

• FMR LLC and Abigail P. Johnson have reported a combined beneficial ownership of 2,103,718.01 shares of Oddity Tech Ltd's Class A Common Stock.
• This ownership stake represents 4.7% of the total outstanding Class A Common Stock as of March 31, 2026.
• FMR LLC is classified as an Investment Adviser (IA) and a Broker/Dealer, while Abigail P. Johnson is identified as an Insider (IN).
• The filing indicates that while FMR LLC and its subsidiaries hold the shares, Abigail P. Johnson, as a Director, Chairman, and CEO of FMR LLC, and a predominant owner of FMR LLC's voting shares, may be deemed to beneficially own these securities.
• A shareholder voting agreement among Series B shareholders of FMR LLC means that members of the Johnson family may be considered a controlling group with respect to FMR LLC.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it indicates significant institutional interest from a reputable firm, but provides no operational or financial performance data for Oddity Tech Ltd itself.

Positives

• FMR LLC, a significant investment management firm, has taken a notable stake in Oddity Tech Ltd, which could be interpreted as a positive signal of confidence in the company's future prospects.
• The filing indicates that FMR LLC and its affiliates hold the shares in the ordinary course of business and not for the purpose of influencing control, suggesting a passive investment approach.

Negatives

• The filing does not contain any negative financial results or operational challenges for Oddity Tech Ltd; it solely reports on beneficial ownership.
• No specific details are provided regarding the reasons for FMR LLC's investment, leaving the strategic intent open to interpretation.

Risks

• The filing does not explicitly mention any risks related to Oddity Tech Ltd's operations or market position.
• Potential risks could arise from the concentration of ownership by a single large entity like FMR LLC, although the filing states this is not for control purposes.
• The Johnson family's potential control over FMR LLC's voting power could introduce governance considerations, though not directly a risk to Oddity Tech's operations.

Future Outlook

The filing does not contain forward-looking statements or guidance from Oddity Tech Ltd. It is a disclosure of beneficial ownership by FMR LLC and Abigail P. Johnson.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that the filing of a Schedule 13G by a major investment firm like FMR LLC indicates a significant institutional interest in Oddity Tech Ltd. This type of filing often precedes or coincides with increased institutional ownership and can signal a positive outlook from the investment community.

Comparison to Industry Standards

• The 4.7% ownership stake by FMR LLC is a substantial position for a single institutional investor in a publicly traded company, especially for a company of Oddity Tech Ltd's size.
• Filing a Schedule 13G is standard procedure for investors acquiring more than 5% of a class of securities, indicating compliance with SEC regulations.
• The classification of FMR LLC as an Investment Adviser (IA) and Abigail P. Johnson as an Insider (IN) aligns with typical roles of such entities and individuals in the financial markets.

Stakeholder Impact

• Shareholders: The increased institutional interest from FMR LLC may be viewed positively by existing shareholders, potentially leading to increased liquidity and market visibility.
• Oddity Tech Ltd Management: The filing confirms a significant passive investment by a major financial institution, which could be a positive endorsement.
• Competitors: Competitors may view this as a sign of Oddity Tech Ltd's growing appeal to institutional investors.

Next Steps

• FMR LLC and Abigail P. Johnson will continue to report any changes in their beneficial ownership of Oddity Tech Ltd's Class A Common Stock as required by SEC regulations.
• Further filings may be expected if their ownership stake changes significantly.

Key Dates

Recommendation

This filing is a disclosure of beneficial ownership and does not provide operational or financial performance data for Oddity Tech Ltd. While FMR LLC's investment is a positive signal of institutional interest, it does not offer sufficient information to make a buy or sell recommendation. A 'hold' recommendation is appropriate pending further fundamental analysis of Oddity Tech Ltd's business performance.

Keywords

Oddity Tech Ltd, FMR LLC, Abigail P. Johnson, Schedule 13G, Class A Common Stock, Beneficial Ownership, Investment Adviser, Insider, SEC Filing, Securities Exchange Act