Groupe la Francaise Sells 279,460 Shares of Ferrari N.V. $RACE

Groupe la Francaise reduced its stake in shares of Ferrari N.V. (NYSE:RACE) by 44.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 355,097 shares of the company’s stock after selling 279,460 shares during the period. Ferrari makes up approximately 1.5% of Groupe la Francaise’s holdings, making the stock its 15th biggest holding. Groupe la Francaise’s holdings in Ferrari were worth $111,818,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Fideuram Asset Management Ireland dac bought a new stake in shares of Ferrari during the fourth quarter worth $29,000. Entrust Financial LLC bought a new stake in Ferrari in the 4th quarter valued at $33,000. Bellevue Asset Management LLC bought a new stake in Ferrari in the 1st quarter valued at $34,000. Bamco Inc. NY boosted its stake in Ferrari by 790.9% in the 4th quarter. Bamco Inc. NY now owns 98 shares of the company’s stock worth $36,000 after purchasing an additional 87 shares during the period. Finally, CoreCap Advisors LLC increased its holdings in Ferrari by 70.0% during the 4th quarter. CoreCap Advisors LLC now owns 102 shares of the company’s stock worth $38,000 after purchasing an additional 42 shares in the last quarter.

Analysts Set New Price Targets

Several analysts have issued reports on RACE shares. Morgan Stanley raised Ferrari from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $388.00 to $438.00 in a research note on Monday, June 15th. Wolfe Research assumed coverage on Ferrari in a report on Tuesday, July 7th. They set an “outperform” rating for the company. Sanford C. Bernstein reissued an “outperform” rating on shares of Ferrari in a research report on Tuesday, June 2nd. UBS Group lifted their target price on Ferrari from $483.00 to $497.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Ferrari in a research note on Wednesday, July 8th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Ferrari currently has an average rating of “Moderate Buy” and a consensus target price of $471.97.

Ferrari Stock Up 3.4%

Shares of RACE stock opened at $398.64 on Friday. 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 N.V. has a 1 year low of $312.51 and a 1 year high of $504.49. The firm’s fifty day moving average price is $364.20 and its two-hundred day moving average price is $352.74. The firm has a market capitalization of $93.26 billion, a P/E ratio of 38.25, a PEG ratio of 3.31 and a beta of 0.92.

More Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Q2 earnings and revenue beat expectations. Ferrari reported approximately €1.94 billion in revenue, with operating profit, net income and diluted EPS rising year over year. Reported EPS exceeded the roughly $2.83 consensus estimate, while revenue also topped forecasts. Ferrari Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Personalization and favorable vehicle mix lifted results. Strong customer spending on customized vehicles boosted margins and profits. Ferrari said demand remains healthy, with its order book fully covering 2027, providing significant forward revenue visibility. Ferrari Buyers Keep Splurging on Custom Supercars
• Positive Sentiment: Ferrari raised its 2026 guidance. Management cited sustained personalization demand, new-model deliveries and disciplined execution. The increase was modest, but it reinforced confidence that the earnings momentum can continue. Ferrari Raises 2026 Guidance After Q2 Earnings Beat
• Positive Sentiment: Cash generation was a further strength. Operating cash flow reportedly rose sharply year over year, while Ferrari continued investing in its operations without signs of balance-sheet stress.
• Neutral Sentiment: The Luce EV appears commercially viable despite criticism. Ferrari’s CEO said the company is pleased with orders for its first fully electric model, and reports indicated that its 2026 sales target was reached quickly, particularly on Chinese demand. However, the model’s polarizing design and negative launch reviews remain a reputational and execution risk. Ferrari Very Pleased With Orders for Luce EV
• Neutral Sentiment: Valuation remains a consideration. With Ferrari trading at a premium earnings multiple, continued share appreciation likely depends on further earnings growth, successful new-model launches and sustained demand for high-margin personalization.

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.