Institutional investors may overlook Ferrari N.V.'s (NYSE:RACE) recent US$4.0b market cap drop as long-term gains remain positive

Simply Wall St.11-10

Key Insights Significantly high institutional ownership implies Ferrari's stock price is sensitive to their trading actions 50% of the business is held by the top 12 shareholders Insiders own ...

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If you want to know who really controls Ferrari N.V. , then you'll have to look at the makeup of its share registry. We can see that institutions own the lion's share in the company with 35% ownership. In other words, the group stands to gain the most  from their investment into the company.Institutional investors endured the highest losses after the company's market cap fell by US$4.0b last week. However, the 35% one-year returns may have helped alleviate their overall losses. But they would probably be wary of future losses.Let's delve deeper into each type of owner of Ferrari, beginning with the chart below.I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","NYSE":"纽交所","BK4555":"新能源车","BK4099":"汽车制造商","RACE":"法拉利","BK4548":"巴美列捷福持仓","BK4585":"ETF&股票定投概念"},"translate_title":"机构投资者可能会忽视Ferrari N.V.(NYSE：RACE)最近在美国的市值下跌$4.0 B，因为长期收益仍然为正","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NYSE":1,"RACE":1},"content_text":"Key Insights\n\n Significantly high institutional ownership implies Ferrari's stock price is sensitive to their trading actions \n 50% of the business is held by the top 12 shareholders \n  Insiders own 11% of Ferrari \n\n If you want to know who really controls Ferrari N.V. (NYSE:RACE), then you'll have to look at the makeup of its share registry. We can see that institutions own the lion's share in the company with 35% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. \n Institutional investors endured the highest losses after the company's market cap fell by US$4.0b last week. However, the 35% one-year returns may have helped alleviate their overall losses. But they would probably be wary of future losses. \n Let's delve deeper into each type of owner of Ferrari, beginning with the chart below. \n View our latest analysis for Ferrari \n\n\n\n  NYSE:RACE Ownership Breakdown November 10th 2024\n \n\nWhat Does The Institutional Ownership Tell Us About Ferrari?\n Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. \n As you can see, institutional investors have a fair amount of stake in Ferrari. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Ferrari's earnings history below. Of course, the future is what really matters. \n\n\n\n  NYSE:RACE Earnings and Revenue Growth November 10th 2024\n \n\n We note that hedge funds don't have a meaningful investment in Ferrari. Our data shows that Giovanni Agnelli B.V. is the largest shareholder with 25% of shares outstanding. For context, the second largest shareholder holds about 11% of the shares outstanding, followed by an ownership of 3.3% by the third-largest shareholder. \n A closer look at our ownership figures suggests that the top 12 shareholders have a combined ownership of 50% implying that no single shareholder has a majority. \n Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. \nInsider Ownership Of Ferrari\n The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. \n I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. \n Our most recent data indicates that insiders own a reasonable proportion of Ferrari N.V.. Insiders own US$8.6b worth of shares in the US$81b company. That's quite meaningful. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.  \nGeneral Public Ownership\n With a 29% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Ferrari. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. \nPrivate Company Ownership\n Our data indicates that Private Companies hold 25%, of the company's shares. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. \nNext Steps:\n While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider risks, for instance. Every company has them, and we've spotted   1 warning sign for Ferrari   you should know about. \n Ultimately the future is most important. You can access this free report on analyst forecasts for the company. \nNB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.\nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482268339"}