Luxury automotive market
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Ferrari N.V. (NYSE:RACE) Price Target and Investor Moves
Financial Modeling Prep· 2025-12-08 08:05
Core Insights - Ferrari N.V. is a luxury sports car manufacturer with a current trading price of $393.21 and a market capitalization of approximately $70.21 billion, indicating its significant presence in the luxury automotive market [1][5] - Morgan Stanley has set a price target of $425 for Ferrari, suggesting an 8.08% potential increase from the current price [1][6] - Recent investor activity shows mixed sentiment, with some investors reducing their stakes while others are acquiring new positions [2][3][6] Investor Activity - Dnca Finance reduced its stake in Ferrari by 1.3%, selling 1,672 shares, leaving them with 130,435 shares valued at approximately $63.7 million [2] - Jump Financial LLC acquired a new stake in Ferrari valued at around $19.6 million, while Capula Management Ltd took a new position worth approximately $397,000 [3] - Cresset Asset Management LLC increased its holdings in Ferrari by 2.0%, indicating varied investor sentiment [3][6] Stock Performance - Ferrari's stock is currently priced at $393.21, experiencing a slight decrease of 0.51% today, with a trading range of $392.17 to $399.05 [4] - Over the past year, the stock has shown volatility, reaching a high of $519.10 and a low of $372.31 [4]
Ferrari N.V. (NYSE:RACE) Sees Positive Institutional Investment Amidst Growth Potential
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]