Inspire Investing LLC Boosts Stake in Ferrari N.V. $RACE

Inspire Investing LLC increased its holdings in shares of Ferrari N.V. (NYSE:RACE) by 21.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,024 shares of the company’s stock after acquiring an additional 1,398 shares during the quarter. Inspire Investing LLC’s holdings in Ferrari were worth $2,716,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. HighTower Advisors LLC increased its stake in shares of Ferrari by 94.4% in the 4th quarter. HighTower Advisors LLC now owns 25,068 shares of the company’s stock worth $9,284,000 after acquiring an additional 12,175 shares during the last quarter. Deutsche Bank AG boosted its position in shares of Ferrari by 3.9% during the 4th quarter. Deutsche Bank AG now owns 973,583 shares of the company’s stock valued at $359,797,000 after acquiring an additional 36,670 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of Ferrari by 3.3% in the third quarter. CIBC Private Wealth Group LLC now owns 183,917 shares of the company’s stock valued at $89,077,000 after purchasing an additional 5,958 shares during the period. Vanguard Group Inc. grew its holdings in shares of Ferrari by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 5,213,450 shares of the company’s stock valued at $1,937,388,000 after purchasing an additional 58,506 shares during the period. Finally, Value Partners Investments Inc. grew its holdings in shares of Ferrari by 99.3% in the fourth quarter. Value Partners Investments Inc. now owns 20,072 shares of the company’s stock valued at $7,419,000 after purchasing an additional 10,000 shares during the period.

Ferrari News Summary

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari said it continued repurchasing shares in late June under its multi-year buyback plan, part of a larger roughly €3.5 billion program through 2030. Ongoing buybacks can support earnings per share and signal management confidence. Article Title
• Positive Sentiment: Ferrari and BMW are joining the industry shift toward lighter, cheaper aluminum wiring in new models. If the change lowers vehicle costs and weight without hurting performance, it could be a modest margin and efficiency tailwind. Article Title
• Neutral Sentiment: Ferrari-related features and retrospective Formula 1 coverage kept the brand in the headlines, but these stories are unlikely to materially affect the stock on their own.
• Negative Sentiment: Multiple reports from the Austrian Grand Prix described Ferrari’s race strategy and pace as disappointing, with Lewis Hamilton calling the strategy “suboptimum” and noting a “reality check.” Weak F1 performance can pressure sentiment because Ferrari’s racing success is closely tied to brand strength and fan engagement. Article Title
• Negative Sentiment: Other race recaps said Ferrari suffered a setback in Austria, with Charles Leclerc’s drop from P2 to P8 highlighting fragile race pace. That kind of on-track underperformance may weigh on near-term sentiment toward the Ferrari brand. Article Title

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ferrari in a research note on Friday, April 10th. Morgan Stanley raised shares of Ferrari from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $388.00 to $438.00 in a research note on Monday, June 15th. Jefferies Financial Group upgraded shares of Ferrari from a “hold” rating to a “buy” rating in a report on Tuesday, March 31st. UBS Group reduced their price target on shares of Ferrari from $555.00 to $483.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Ferrari in a report on Tuesday, June 2nd. Three analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Ferrari currently has an average rating of “Moderate Buy” and a consensus target price of $470.70.

Ferrari Stock Down 0.1%

Shares of RACE opened at $368.15 on Tuesday. The firm has a market cap of $86.13 billion, a P/E ratio of 35.33, a price-to-earnings-growth ratio of 3.51 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’s 50-day moving average price is $347.78 and its 200 day moving average price is $351.80. The company has a current ratio of 5.20, a quick ratio of 4.08 and a debt-to-equity ratio of 0.72.

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.