Ferrari N.V. (NYSE:RACE) Sees Positive Institutional Investment Amidst Growth Potential
FerrariFerrari(US:RACE) Financial Modeling Prep·2025-11-24 07:00

Core Insights - Ferrari N.V. is a prominent luxury sports car manufacturer with a current stock price of $389.19 and a market capitalization of approximately $69.49 billion, indicating its significant position in the luxury automotive market [5][6] - Goldman Sachs has set a price target of $454 for Ferrari, suggesting a potential increase of about 16.65% from its current price [1][6] Institutional Investor Activity - Barings LLC has purchased 3,291 shares of Ferrari valued at approximately $1.6 million, reflecting a trend of institutional investors increasing their stakes in the company [2] - Callan Family Office LLC raised its holdings in Ferrari by 58.5%, now owning 4,378 shares valued at $2.1 million, indicating strong belief in Ferrari's growth potential [3] - TD Asset Management Inc increased its stake in Ferrari by 1.1%, holding 415,850 shares valued at $203.7 million, while Vanguard Personalized Indexing Management LLC raised its holdings by 26.5%, further supporting positive sentiment among institutional investors [4]