Capital International Sarl Sells 24,149 Shares of Ferrari N.V. $RACE

Capital International Sarl reduced its holdings in shares of Ferrari N.V. (NYSE:RACE) by 62.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 14,765 shares of the company’s stock after selling 24,149 shares during the period. Capital International Sarl’s holdings in Ferrari were worth $5,516,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Fideuram Asset Management Ireland dac bought a new position in Ferrari during the fourth quarter worth about $29,000. Community Bank N.A. acquired a new stake in Ferrari during the third quarter valued at approximately $33,000. Entrust Financial LLC acquired a new stake in Ferrari during the fourth quarter valued at approximately $33,000. CoreCap Advisors LLC boosted its holdings in Ferrari by 70.0% during the fourth quarter. CoreCap Advisors LLC now owns 102 shares of the company’s stock valued at $38,000 after purchasing an additional 42 shares in the last quarter. Finally, Navalign LLC acquired a new stake in Ferrari during the fourth quarter valued at approximately $41,000.

Ferrari Trading Up 0.1%

Shares of Ferrari stock opened at $347.40 on Monday. The company has a quick ratio of 4.08, a current ratio of 5.20 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $81.27 billion, a P/E ratio of 33.34, a price-to-earnings-growth ratio of 3.30 and a beta of 0.93. Ferrari N.V. has a 12-month low of $312.51 and a 12-month high of $519.10. The company has a 50-day simple moving average of $343.00 and a 200 day simple moving average of $355.10.

Wall Street Analyst Weigh In

RACE has been the topic of a number of recent research reports. Morgan Stanley set a $420.00 price objective on Ferrari in a report on Monday, February 16th. Citigroup upgraded shares of Ferrari from a “sell” rating to a “neutral” rating in a research report on Thursday, February 12th. Jefferies Financial Group upgraded shares of Ferrari from a “hold” rating to a “buy” rating in a research report on Tuesday, March 31st. UBS Group dropped their target price on shares of Ferrari from $555.00 to $483.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Ferrari in a research report on Wednesday, February 11th. Three analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Ferrari has a consensus rating of “Moderate Buy” and an average price target of $469.06.

Ferrari News Summary

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari looked strong in Monaco practice, with Charles Leclerc topping FP1 and Ferrari showing front-running pace in multiple sessions, raising hopes the team could convert speed into a race result. F1 Monaco GP: Charles Leclerc leads Ferrari 1-2 in twice red-flagged FP1
• Positive Sentiment: Several reports highlighted Ferrari “making a statement” in Monaco practice and being viewed as a potential threat to Mercedes, reinforcing optimism about near-term racing performance and brand visibility. Motor racing – Ferrari mark their intent in Monaco practice runs
• Positive Sentiment: Charles Leclerc signed a new long-term deal with Ferrari, signaling driver commitment and continuity for the team’s F1 program, which supports the company’s premium brand narrative. ‘More than just a team’: Leclerc signs long-term Ferrari deal before home race in Monaco
• Positive Sentiment: Ferrari and HP unveiled a high-profile branded laptop collaboration, expanding Ferrari’s licensing and consumer-product presence beyond autos and motorsport. Ferrari And HP Made A Vivid Red Laptop With A Transparent ‘Engine Bay’
• Neutral Sentiment: Leclerc and Ferrari officials tried to temper expectations, saying Friday pace does not guarantee Monaco success and that the team still has work to do. Work ahead for Ferrari to convert Friday pace into Monaco GP success
• Negative Sentiment: One recent commentary questioned the design of Ferrari’s first fully electric model, suggesting some investors may view the EV rollout as a branding risk if enthusiast reaction remains negative. Has Ferrari Lost Its Mind?

About Ferrari

Ferrari N.V. (NYSE: RACE) is an Italian luxury sports car manufacturer best known for designing, engineering and selling high-performance automobiles under the Ferrari marque. The company’s core business centers on the development and manufacture of premium sports cars and limited-series models, complemented by personalization and bespoke engineering services for high-net-worth clients. Ferrari also generates revenue from brand licensing, the sale of spare parts and accessories, aftersales services, and curated client experiences such as driving programs and factory visits.

Founded from the automotive activities of Enzo Ferrari, the first cars bearing the Ferrari name emerged in the late 1940s; the brand has since built a reputation for performance, craftsmanship and exclusivity.