<div id="readability-page-1"><p>Biglari Capital CORP. lifted its holdings in  Ferrari N.V. (NYSE:RACE - Free Report) by 20.2% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor  owned 184,500 shares of the company's stock after purchasing an additional 31,000 shares during the quarter. Ferrari accounts for approximately  10.5% of Biglari Capital CORP.'s holdings, making the stock its 2nd largest position. Biglari Capital CORP. owned approximately 0.08% of Ferrari worth $90,542,000 as of its most recent SEC filing.</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 and other institutional investors have also modified their holdings of the stock. Groupama Asset Managment grew its position in  Ferrari by 24,598.5% in the 2nd quarter. Groupama Asset Managment now owns 16,073,800 shares of the company's stock valued at $7,888,057,000 after buying an additional 16,008,720 shares in the last quarter.  Alliancebernstein L.P. lifted its stake in shares of  Ferrari by 5.6% in the 2nd quarter. Alliancebernstein L.P. now owns 1,866,558 shares of the company's stock worth $915,995,000 after acquiring an additional 99,221 shares during the period.  Jennison Associates LLC boosted its holdings in shares of  Ferrari by 9.1% in the second quarter. Jennison Associates LLC now owns 1,841,200 shares of the company's stock valued at $903,019,000 after acquiring an additional 153,297 shares in the last quarter.  Price T Rowe Associates Inc. MD boosted its holdings in shares of  Ferrari by 1.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,822,147 shares of the company's stock valued at $779,661,000 after acquiring an additional 25,883 shares in the last quarter.  Finally, Norges Bank acquired a new position in shares of  Ferrari during the second quarter valued at approximately $885,051,000. </p><h2>Ferrari Stock Down 0.3%</h2><p>Shares of Ferrari stock opened at $366.91 on Friday. Ferrari N.V. has a 12-month low of $356.93 and a 12-month high of $519.10. The firm has a market capitalization of $88.93 billion, a PE ratio of 37.06, a price-to-earnings-growth ratio of 4.07 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 stock's fifty day moving average is $400.24 and its 200-day moving average is $451.45. </p><ul><li>4 Automaker Stocks React to Tariffs: Winners and Losers</li></ul><p>Ferrari (NYSE:RACE - Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $2.50 earnings per share for the quarter, topping analysts' consensus estimates of $2.35 by $0.15. The firm had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $1.94 billion. Ferrari had a return on equity of 44.20% and a net margin of 22.65%.Ferrari has set its FY 2025 guidance at 10.290- EPS.  Equities analysts anticipate that  Ferrari N.V. will post 9.22 earnings per share for the current year. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of research firms have weighed in on RACE. Evercore ISI cut their target price on Ferrari from $580.00 to $475.00 and set an &#34;outperform&#34; rating for the company in a research report on Friday, October 31st. Berenberg Bank  set a $570.00 price objective on Ferrari in a report on Friday, October 3rd. Hsbc Global Res raised Ferrari from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Thursday, October 2nd. Oddo Bhf downgraded shares of Ferrari to a &#34;neutral&#34; rating in a report on Wednesday. Finally, Weiss Ratings  restated a &#34;hold (c+)&#34; rating on shares of Ferrari in a research report on Monday. Three analysts have rated the stock with a Strong Buy rating, ten have issued  a Buy rating and three have issued  a Hold rating to the company. According to data from MarketBeat, the company  has an average rating of &#34;Buy&#34; and a consensus price target of $489.47.</p><ul><li>These 3 Iconic Brands Just Announced Bigger Dividend Payouts</li></ul><p><b>View Our Latest Report on RACE</b></p><h2>Ferrari 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>Featured Stories</h2><ul><li>Five stocks we like better than Ferrari</li><li>What is the MACD Indicator and How to Use it in Your Trading</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>3 Stocks to Consider Buying in October</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>What is a Secondary Public Offering? What Investors Need to Know</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</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>

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<p>Biglari Capital CORP. increased its holdings in Ferrari N.V. by 20.2% in Q2, owning 184,500 shares worth $90.54 million. Other investors like Groupama Asset Management and Alliancebernstein L.P. also modified their holdings. Ferrari's stock opened at $366.91, with a market cap of $88.93 billion. Analysts have mixed ratings, with a consensus price target of $489.47. Ferrari reported Q3 earnings of $2.50 per share, exceeding expectations.</p>

Ferrari N.V. $RACE Shares Bought by Biglari Capital CORP.