<div id="readability-page-1"><p>Investment House LLC cut its position in  Ferrari N.V. (NYSE:RACE - Free Report) by 92.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 448 shares of the company's stock after selling 5,796 shares during the quarter. Investment House LLC's holdings in Ferrari were worth $220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><ul><li>Put It on My Card: Why Luxury Brands and Payments Firms Pair Well</li></ul><p>A number of other hedge funds have also recently made changes to their positions in the company. Brooklyn Investment Group raised its position in shares of  Ferrari by 381.3% in the first quarter. Brooklyn Investment Group now owns 77 shares of the company's stock worth $33,000 after buying an additional 61 shares in the last quarter.  Virtus Advisers LLC bought a new position in  Ferrari in the 2nd quarter worth about $34,000.  GAMMA Investing LLC raised its holdings in shares of  Ferrari by 41.2% in the 2nd quarter. GAMMA Investing LLC now owns 72 shares of the company's stock valued at $35,000 after acquiring an additional 21 shares in the last quarter.  Twin Peaks Wealth Advisors LLC bought a new stake in shares of  Ferrari during the 2nd quarter valued at about $35,000.  Finally, Creekmur Asset Management LLC boosted its position in shares of  Ferrari by 660.0% during the 2nd quarter. Creekmur Asset Management LLC now owns 76 shares of the company's stock valued at $37,000 after acquiring an additional 66 shares during the last quarter. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of equities research analysts recently weighed in on the stock. Citigroup lowered their target price on shares of Ferrari from $579.00 to $529.00 and set a &#34;buy&#34; rating on the stock in a research note on Thursday, October 16th. Barclays  set a $420.00 price target on shares of Ferrari and gave the stock an &#34;overweight&#34; rating in a report on Tuesday. JPMorgan Chase &amp; Co. dropped their price objective on shares of Ferrari from $460.00 to $457.00 and set an &#34;overweight&#34; rating for the company in a report on Wednesday, November 12th. Zacks Research lowered shares of Ferrari from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Friday, August 29th. Finally, Evercore ISI lowered their price target on Ferrari from $580.00 to $475.00 and set an &#34;outperform&#34; rating on the stock in a research report on Friday, October 31st. Three analysts have rated the stock with a Strong Buy rating, ten have issued  a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Ferrari currently has a consensus rating of &#34;Buy&#34; and an average price target of $489.47.</p><ul><li>4 Automaker Stocks React to Tariffs: Winners and Losers</li></ul><p><b>View Our Latest Research Report on Ferrari</b></p><h2>Ferrari Trading Up 1.1%</h2><p>Shares of RACE opened at $368.06 on Friday. The stock has a market capitalization of $89.21 billion, a P/E ratio of 37.18, a PEG ratio of 3.99 and a beta of 1.01. The company has a quick ratio of 3.78, a current ratio of 4.90 and a debt-to-equity ratio of 0.76. The firm has a fifty day simple moving average of $402.92 and a two-hundred day simple moving average of $452.20. Ferrari N.V. has a twelve month low of $356.93 and a twelve month high of $519.10. </p><ul><li>These 3 Iconic Brands Just Announced Bigger Dividend Payouts</li></ul><p>Ferrari (NYSE:RACE - Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The company reported $2.50 EPS for the quarter, beating analysts' consensus estimates of $2.35 by $0.15. Ferrari had a return on equity of 44.20% and a net margin of 22.65%.The business had revenue of $2.07 billion during the quarter, compared to analyst estimates of $1.94 billion. Ferrari has set its FY 2025 guidance at 10.290- EPS.  On average, research analysts anticipate that  Ferrari N.V. will post 9.22 EPS for the current year. </p><h2>Ferrari Company Profile</h2> (Free Report)<p>Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods.</p><h2>Read More</h2><ul><li>Five stocks we like better than Ferrari</li><li>3 Stocks to Consider Buying in October</li><li>3 Recently Downgraded Stocks to Avoid in 2026</li><li>Canadian Penny Stocks: Can They Make You Rich? </li><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li><li>3 Tickers Leading a Meme Stock Revival</li><li>Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 Rally</li></ul><p><strong>Want to see what other hedge funds are holding RACE?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ferrari N.V. (NYSE:RACE - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJBQ0U?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJBQ0U"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Ferrari Right Now?</h2><p>Before you consider Ferrari, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ferrari wasn't on the list.</p><p>While Ferrari currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

RACE

<p>Investment House LLC reduced its stake in Ferrari N.V. by 92.8% in Q2, selling 5,796 shares, now holding 448 shares worth $220,000. Other hedge funds adjusted their positions in Ferrari, with analysts providing mixed ratings and price targets. Ferrari's stock opened at $368.06, with a market cap of $89.21 billion. The company reported Q3 earnings of $2.50 per share, surpassing expectations.</p>

Investment House LLC Sells 5,796 Shares of Ferrari N.V. $RACE