FMR discloses 7% stake in Oddity Tech
FMR LLC filed an amended Schedule 13G reporting beneficial ownership of 3,090,460.36 shares of Oddity Tech Ltd Class A common stock, representing 7.0% of the class as of the event date.
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Rhea-AI Filing Summary
FMR LLC filed an amended Schedule 13G reporting beneficial ownership of 3,090,460.36 shares of Oddity Tech Ltd Class A common stock, representing 7.0% of the class as of the event date.
FMR reports sole voting power over 3,089,720.70 shares and sole dispositive power over 3,090,460.36 shares, with no shared voting or dispositive power. Abigail P. Johnson is also listed as a reporting person with sole dispositive power over 3,090,460.36 shares and no voting power. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Oddity Tech.
Insights
FMR reports a passive 7% stake in Oddity Tech.
FMR LLC and Abigail P. Johnson report beneficial ownership of 3,090,460.36 Oddity Tech Class A shares, or 7.0% of the class. FMR has sole voting power over 3,089,720.70 shares and sole dispositive power over 3,090,460.36 shares.
The certification states the position is held in the ordinary course of business and not to change or influence control, which is consistent with a passive institutional holding under Schedule 13G. One or more other persons may receive dividends or sale proceeds, but none exceeds 5% of the class.
This disclosure mainly informs the market about the presence and size of a significant institutional holder. Future ownership levels, if they change materially and trigger new filings, would be reflected in subsequent beneficial ownership reports.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in Oddity Tech Ltd does FMR LLC report in this Schedule 13G/A?
Is FMR LLC’s Oddity Tech (ODD) holding reported as a passive investment?
Do other persons have rights to Oddity Tech dividends or sale proceeds from FMR’s stake?
What is the event date for FMR LLC’s reported Oddity Tech ownership?
AI-generated analysis. How Rhea-AI works. Not financial advice.