4,986 Shares in Ferrari N.V. $RACE Acquired by M&G PLC

M&G PLC bought a new stake in shares of Ferrari N.V. (NYSE:RACE) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,986 shares of the company’s stock, valued at approximately $2,418,000.

Several other institutional investors and hedge funds have also modified their holdings of RACE. Mather Group LLC. purchased a new position in Ferrari during the third quarter valued at $27,000. Westside Investment Management Inc. increased its position in Ferrari by 100.0% in the third quarter. Westside Investment Management Inc. now owns 56 shares of the company’s stock worth $27,000 after buying an additional 28 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of Ferrari in the third quarter worth about $28,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Ferrari during the 2nd quarter valued at about $30,000. Finally, Virtus Advisers LLC bought a new position in shares of Ferrari during the 2nd quarter valued at approximately $34,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Evercore decreased their target price on shares of Ferrari from $580.00 to $475.00 and set an “outperform” rating on the stock in a research note on Friday, October 31st. Citigroup raised shares of Ferrari from a “sell” rating to a “neutral” rating in a report on Thursday, February 12th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ferrari in a research note on Wednesday, February 11th. The Goldman Sachs Group upgraded Ferrari to a “strong-buy” rating in a research report on Monday, November 24th. Finally, Morgan Stanley set a $420.00 target price on Ferrari in a research report on Monday. Three research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Ferrari currently has a consensus rating of “Moderate Buy” and an average price target of $476.52.

Ferrari Price Performance

Shares of Ferrari stock opened at $374.85 on Wednesday. The firm has a market cap of $90.86 billion, a PE ratio of 37.07, a PEG ratio of 3.64 and a beta of 0.99. The stock has a 50 day moving average of $360.25 and a 200 day moving average of $409.83. The company has a current ratio of 4.90, a quick ratio of 3.78 and a debt-to-equity ratio of 0.76. Ferrari N.V. has a 12 month low of $328.00 and a 12 month high of $519.10.

More Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Company confirms progress on the first €250m tranche of its multi‑year €3.5bn share buyback program, signaling capital return and management confidence which typically supports the share price. FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
• Positive Sentiment: Analysts have a published price target near $482, which provides upside versus current trading levels and can anchor investor expectations. Analysts Set Ferrari N.V. (NYSE:RACE) PT at $482.17
• Neutral Sentiment: A comparative piece contrasts Ferrari with Faraday Future, but it’s broad sector analysis rather than company‑specific news; unlikely to move RACE materially on its own. Comparing Faraday Future Intelligent Electric (NASDAQ:FFAI) & Ferrari (NYSE:RACE)
• Neutral Sentiment: Ferrari’s F1 management publicly responded to stories about Lewis Hamilton and internal team changes, aiming to contain reputational fallout; these comments moderate uncertainty but don’t resolve on‑track performance questions. Ferrari F1 boss gives snappy response over Lewis Hamilton ‘story’
• Negative Sentiment: Multiple articles highlight friction around Lewis Hamilton’s adaptation to Ferrari and comments that team pressure can “break” top engineers — narrative risk that could raise doubts about F1 performance and long‑term brand halo. Rob Smedley warns Ferrari pressure can “break” top engineers as Lewis Hamilton adapts
• Negative Sentiment: Coverage of internal criticism (race‑engineer changes, temporary replacements) and an F1 safety row places Ferrari in the headlines for operational/PR issues rather than race results — a short‑term drag on investor sentiment. Who is Carlo Santi? Meet Lewis Hamilton’s temporary Ferrari race engineer
• Negative Sentiment: Questions about Ferrari’s race‑start advantage and involvement in a broader F1 safety debate introduce sporting uncertainty that can temper the valuation premium investors pay for the brand’s performance linkage. Ferrari at centre of F1 safety row

Ferrari Company 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.