Maxi Investments CY Ltd Sells 8,800 Shares of Ferrari N.V. $RACE

Maxi Investments CY Ltd trimmed its holdings in Ferrari N.V. (NYSE:RACE) by 87.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,272 shares of the company’s stock after selling 8,800 shares during the period. Maxi Investments CY Ltd’s holdings in Ferrari were worth $617,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Mather Group LLC. bought a new stake in Ferrari during the 3rd quarter valued at approximately $27,000. Westside Investment Management Inc. lifted its holdings in Ferrari by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 56 shares of the company’s stock worth $27,000 after purchasing an additional 28 shares in the last quarter. Root Financial Partners LLC bought a new position in Ferrari in the 3rd quarter worth approximately $28,000. Newbridge Financial Services Group Inc. purchased a new stake in Ferrari during the 2nd quarter valued at approximately $30,000. Finally, Community Bank N.A. bought a new stake in shares of Ferrari during the third quarter valued at approximately $33,000.

Ferrari Stock Performance

NYSE RACE opened at $334.39 on Tuesday. The business’s 50 day moving average price is $354.62 and its 200-day moving average price is $396.34. Ferrari N.V. has a fifty-two week low of $328.00 and a fifty-two week high of $519.10. The company has a market cap of $78.23 billion, a P/E ratio of 33.07, a P/E/G ratio of 3.24 and a beta of 0.97. The company has a debt-to-equity ratio of 0.74, a quick ratio of 4.38 and a current ratio of 5.70.

Ferrari Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Tuesday, April 21st will be given a dividend of $3.615 per share. This represents a yield of 99.0%. This is a positive change from Ferrari’s previous annual dividend of $3.13. The ex-dividend date is Tuesday, April 21st.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Morgan Stanley set a $420.00 target price on shares of Ferrari in a research report on Monday, February 16th. BNP Paribas Exane raised shares of Ferrari to a “strong-buy” rating in a report on Thursday, December 11th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Ferrari in a report on Wednesday, February 11th. Sanford C. Bernstein reissued an “outperform” rating and set a $410.00 price target on shares of Ferrari in a research note on Wednesday, February 11th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ferrari in a research note on Wednesday, February 11th. Three research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $475.61.

Key Stories Impacting Ferrari

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari reported progress on its €3.5 billion multi‑year share buyback, continuing the first €250m tranche and disclosing purchases (roughly €130.6m invested and ~99,836 shares bought through March 13). The ongoing repurchase reduces float and supports EPS/share metrics, which is the main catalyst for the stock move. FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
• Positive Sentiment: Ferrari enjoyed strong on‑track exposure at the Chinese Grand Prix (sprint success and high‑profile podiums), boosting brand visibility and investor sentiment that demand for high‑end product and halo marketing value remain intact. Motorsport success tends to support premium pricing and franchise strength. How gripping Ferrari battle is keeping F1 2026 alive amid Mercedes dominance
• Neutral Sentiment: An analytical comparison piece references Ferrari in a broader valuation/peer context (Adient vs Ferrari). Such coverage can inform investors but is unlikely to move the stock materially by itself. Adient (NYSE:ADNT) and Ferrari (NYSE:RACE) Critical Comparison
• Negative Sentiment: Controversy around a car detail (described as a wing/“illegal” element in some press) that Ferrari removed after sprint‑race talks with F1 chiefs introduces regulatory and reputational risk; intra‑team on‑track battles (Leclerc vs Hamilton and related criticism) raise short‑term collision/penalty risk that could harm race results and brand messaging. These issues are creating mixed headlines and potential near‑term volatility. Ferrari removes concerning detail from car after sprint race success at Chinese Grand Prix

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.