Insider Buying: Raspberry Pi (LON:RPI) Insider Acquires 7,604 Shares of Stock

Raspberry Pi Holdings (LON:RPI) insider Eben Upton CBE acquired 7,604 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was acquired at an average cost of GBX 262 per share, for a total transaction of £19,922.48.

Eben Upton CBE also recently made the following trade(s):

• On Monday, February 9th, Eben Upton CBE bought 7,468 shares of Raspberry Pi stock. The shares were acquired at an average cost of GBX 266 per share, with a total value of £19,864.88.
• On Wednesday, February 4th, Eben Upton CBE purchased 15,314 shares of Raspberry Pi stock. The stock was acquired at an average cost of GBX 262 per share, for a total transaction of £40,122.68.
• On Thursday, January 29th, Eben Upton CBE purchased 7,341 shares of Raspberry Pi stock. The shares were bought at an average cost of GBX 271 per share, for a total transaction of £19,894.11.
• On Tuesday, January 13th, Eben Upton CBE acquired 21,927 shares of Raspberry Pi stock. The shares were bought at an average price of GBX 271 per share, with a total value of £59,422.17.

Raspberry Pi Stock Performance

Raspberry Pi stock traded up GBX 5.60 during midday trading on Monday, hitting GBX 271. 225,475 shares of the company were exchanged, compared to its average volume of 1,015,170. The business has a fifty day simple moving average of GBX 296.76 and a two-hundred day simple moving average of GBX 357.15. The firm has a market capitalization of £524.39 million and a PE ratio of 59.04. Raspberry Pi Holdings has a fifty-two week low of GBX 253.80 and a fifty-two week high of GBX 780.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Raspberry Pi from GBX 380 to GBX 300 and set a “hold” rating on the stock in a report on Friday, January 16th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Raspberry Pi presently has an average rating of “Hold” and an average price target of GBX 300.

Raspberry Pi Company Profile

Our mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of engineers and enthusiasts all over the world.

Since 2012, we’ve been designing single-board and modular computers, built on the Arm architecture, and running the Linux operating system. Whether you’re an educator looking to excite the next generation of computer scientists; an enthusiast searching for inspiration for your next project; or an OEM who needs a proven rock-solid foundation for your next generation of smart products, there’s a Raspberry Pi computer for you.

That’s not all we do.