En este artículo:
Key Insights
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Institutions' substantial holdings in Ferrari implies that they have significant influence over the company's share price
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50% of the business is held by the top 10 shareholders
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 37% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future.
Let's take a closer look to see what the different types of shareholders can tell us about Ferrari.
See our latest analysis for Ferrari
What Does The Institutional Ownership Tell Us About Ferrari?
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.
Ferrari already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Ferrari, (below). Of course, keep in mind that there are other factors to consider, too.
Ferrari is not owned by hedge funds. The company's largest shareholder is Giovanni Agnelli B.V., with ownership of 25%. Meanwhile, the second and third largest shareholders, hold 11% and 3.3%, of the shares outstanding, respectively.
We did some more digging and found that 10 of the top shareholders account for roughly 50% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Ferrari
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.