Raspberry Pi Holdings (LON:RPI – Get Free Report)’s stock price rose 9.5% during trading on Tuesday . The stock traded as high as GBX 445 and last traded at GBX 444.20. Approximately 7,902,285 shares were traded during mid-day trading, an increase of 365% from the average daily volume of 1,698,479 shares. The stock had previously closed at GBX 405.80.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Raspberry Pi from GBX 380 to GBX 300 and set a “hold” rating on the stock in a research note on Friday, January 16th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of GBX 300.
Read Our Latest Report on Raspberry Pi
Raspberry Pi Trading Up 11.4%
Insider Activity
In related news, insider Eben Upton CBE acquired 21,927 shares of the business’s stock in a transaction that occurred on Tuesday, January 13th. The shares were bought at an average cost of GBX 271 per share, with a total value of £59,422.17. Insiders bought 71,927 shares of company stock worth $19,231,838 in the last ninety days. 1.70% of the stock is owned by company insiders.
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.
Read More
- Five stocks we like better than Raspberry Pi
- Elon Musk already made me a “wealthy man”
- Elon’s Secret AI Partner?
- Silver $500? The “Deficit Math” says it’s possible.
- Elon Musk: This Could Turn $100 into $100,000
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Receive News & Ratings for Raspberry Pi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Raspberry Pi and related companies with MarketBeat.com's FREE daily email newsletter.
