2,085,945 Shares in Ferrari N.V. $RACE Purchased by Norges Bank

Norges Bank bought a new position in shares of Ferrari N.V. (NYSE:RACE) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,085,945 shares of the company’s stock, valued at approximately $779,894,000. Norges Bank owned approximately 0.86% of Ferrari as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC boosted its holdings in Ferrari by 78.9% during the first quarter. AQR Capital Management LLC now owns 3,568 shares of the company’s stock valued at $1,527,000 after purchasing an additional 1,574 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Ferrari by 31.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 194 shares of the company’s stock valued at $82,000 after purchasing an additional 46 shares in the last quarter. Woodline Partners LP acquired a new stake in Ferrari during the first quarter valued at approximately $1,519,000. Sivia Capital Partners LLC boosted its holdings in Ferrari by 67.5% during the second quarter. Sivia Capital Partners LLC now owns 913 shares of the company’s stock valued at $448,000 after purchasing an additional 368 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in Ferrari by 7.5% during the second quarter. Rhumbline Advisers now owns 1,370 shares of the company’s stock valued at $672,000 after purchasing an additional 96 shares in the last quarter.

Ferrari News Summary

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari’s CEO said the Luce is already attracting orders from both existing and new customers, suggesting the controversial launch may still support demand. Article Title
• Positive Sentiment: Some analysts view the selloff as an opportunity, arguing the Luce backlash may create an attractive entry point for a high-quality luxury compounder. Article Title
• Neutral Sentiment: Ferrari framed the Luce as the culmination of its multi-energy strategy, reinforcing that the EV is part of a longer-term product transition rather than a one-off experiment. Article Title
• Negative Sentiment: The Luce’s debut triggered heavy criticism online, with many calling the design too unconventional for Ferrari and questioning whether the brand is losing its mystique. Article Title
• Negative Sentiment: Reports say the first EV launch wiped billions from Ferrari’s market value, reflecting concern that the brand’s most loyal customers may reject the new direction. Article Title
• Negative Sentiment: Commentary from CNBC and other outlets suggests the market is worried about the $640,000 price tag and the risk that Ferrari’s EV strategy could dilute the brand if demand disappoints. Article Title

Ferrari Stock Performance

NYSE:RACE opened at $340.98 on Friday. Ferrari N.V. has a 1 year low of $312.51 and a 1 year high of $519.10. The firm has a 50 day moving average of $340.26 and a 200-day moving average of $357.85. The company has a current ratio of 5.20, a quick ratio of 4.08 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $79.77 billion, a P/E ratio of 32.72, a price-to-earnings-growth ratio of 3.23 and a beta of 0.95.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on RACE shares. Zacks Research raised Ferrari from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. Jefferies Financial Group raised Ferrari from a “hold” rating to a “buy” rating in a report on Tuesday, March 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ferrari in a report on Friday, April 10th. Morgan Stanley set a $420.00 price objective on Ferrari in a report on Monday, February 16th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $410.00 price objective on shares of Ferrari in a report on Wednesday, February 11th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Ferrari presently has a consensus rating of “Moderate Buy” and a consensus price target of $469.06.

Ferrari Profile

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.