Balyasny Asset Management LLC Buys 1,520 Shares of Ferrari NV (NYSE:RACE) – TechNewsObserver
Several other large investors also recently bought and sold shares of the company. Assetmark Inc. increased its holdings in shares of Ferrari by 3.5% during the 2nd quarter. Assetmark Inc. now owns 53,066 shares of the company’s stock worth $8,566,000 after purchasing an additional 1,792 shares during the period. Shares of Ferrari stock opened at $153.62 on Friday. The firm has a market cap of $29.21 billion, a P/E ratio of 38.21, a price-to-earnings-growth ratio of 2.28 and a beta of 1.35. Goldman Sachs Group upgraded shares of Ferrari from a “neutral” rating to a “buy” rating and set a $182.00 target price on the stock in a research report on Tuesday, August 13th.