GF Fund Management CO. LTD. Sells 10,476 Shares of Ferrari N.V. $RACE

GF Fund Management CO. LTD. cut its holdings in Ferrari N.V. (NYSE:RACE) by 78.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,895 shares of the company’s stock after selling 10,476 shares during the quarter. GF Fund Management CO. LTD.’s holdings in Ferrari were worth $1,405,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Benjamin Edwards Inc. increased its holdings in Ferrari by 3.7% during the second quarter. Benjamin Edwards Inc. now owns 613 shares of the company’s stock valued at $299,000 after buying an additional 22 shares during the period. Allworth Financial LP boosted its position in Ferrari by 7.5% during the 2nd quarter. Allworth Financial LP now owns 330 shares of the company’s stock valued at $162,000 after acquiring an additional 23 shares in the last quarter. Valeo Financial Advisors LLC boosted its position in Ferrari by 2.2% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,086 shares of the company’s stock valued at $532,000 after acquiring an additional 23 shares in the last quarter. Certuity LLC increased its holdings in shares of Ferrari by 4.5% in the 2nd quarter. Certuity LLC now owns 582 shares of the company’s stock valued at $285,000 after acquiring an additional 25 shares during the period. Finally, Blue Trust Inc. raised its position in shares of Ferrari by 8.0% in the 3rd quarter. Blue Trust Inc. now owns 350 shares of the company’s stock worth $170,000 after acquiring an additional 26 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on RACE shares. BNP Paribas Exane raised Ferrari to a “strong-buy” rating in a research report on Thursday, December 11th. JPMorgan Chase & Co. lowered their price target on shares of Ferrari from $460.00 to $457.00 and set an “overweight” rating on the stock in a report on Wednesday, November 12th. Sanford C. Bernstein reiterated an “outperform” rating and set a $410.00 price objective on shares of Ferrari in a research note on Wednesday. Oddo Bhf cut shares of Ferrari to a “neutral” rating in a research report on Wednesday, December 10th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Ferrari in a report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $482.17.

Ferrari Trading Down 3.2%

NYSE RACE opened at $378.83 on Monday. Ferrari N.V. has a 12-month low of $328.00 and a 12-month high of $519.10. The company has a fifty day simple moving average of $360.34 and a two-hundred day simple moving average of $410.70. The company has a current ratio of 4.90, a quick ratio of 3.78 and a debt-to-equity ratio of 0.76. The stock has a market cap of $91.82 billion, a P/E ratio of 37.47, a P/E/G ratio of 3.64 and a beta of 0.99.

Ferrari News Summary

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Loomis Sayles’ Global Growth Fund added Ferrari, citing strategic fit and long-term cash-flow potential — a strong institutional endorsement that can support demand for the stock. Loomis Sayles Global Growth Fund Picked Ferrari N.V. (RACE) on Strategic Fit
• Positive Sentiment: Ferrari was fastest in Bahrain F1 testing, reinforcing the brand’s competitive edge and marketing tailwinds that support luxury pricing, desirability, and future demand for road cars and licensing. Ferrari fastest; Red Bull, Mercedes in trouble as Bahrain F1 test day two begins
• Positive Sentiment: Management reiterated growth on the Q4 earnings call, noting underlying expansion despite a noticeable FX drag — suggests core operations remain healthy even if currency swings pressure reported results. Ferrari NV Earnings Call: Growth Despite FX Drag
• Neutral Sentiment: Barron’s highlights Exor as a value way to get Ferrari exposure — indirect investor interest in Ferrari via parent/shareholder structures can affect demand but is not a direct company catalyst. Buy This Stock to Own a Piece of Ferrari. It’s a Low-Risk Bet for Value Seekers.
• Neutral Sentiment: Zacks ran a valuation comparison between China Yuchai (CYD) and Ferrari (RACE) — useful for relative-value screens but unlikely to move RACE materially on its own. CYD vs. RACE: Which Stock Is the Better Value Option?
• Neutral Sentiment: Headline comparison pieces (e.g., Aeva vs. Ferrari) are peripheral investor reading and don’t materially affect Ferrari fundamentals. Head-To-Head Comparison: Aeva Technologies (NASDAQ:AEVA) & Ferrari (NYSE:RACE)
• Negative Sentiment: Multiple media reports cover internal F1 turmoil — including comments that an in-season race engineer change could be “detrimental” and that a new race engineer is still being finalized. These operational/PR headwinds risk denting short-term sentiment around Ferrari’s marquee racing program, which often influences brand perception and retail demand. Lewis Hamilton’s new Ferrari race engineer yet to be finalized, under a month before new F1 season

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.