Insider Buying: Raspberry Pi (LON:RPI) Insider Purchases 7,341 Shares of Stock

Raspberry Pi Holdings (LON:RPI) insider Eben Upton CBE acquired 7,341 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The stock was acquired at an average price of GBX 271 per share, with a total value of £19,894.11.

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

• On Tuesday, January 13th, Eben Upton CBE purchased 21,927 shares of Raspberry Pi stock. The stock was bought at an average cost of GBX 271 per share, for a total transaction of £59,422.17.
• On Wednesday, November 5th, Eben Upton CBE purchased 5,832 shares of Raspberry Pi stock. The stock was bought at an average price of GBX 343 per share, with a total value of £20,003.76.

Raspberry Pi Stock Up 1.0%

Shares of RPI stock opened at GBX 270.20 on Friday. Raspberry Pi Holdings has a 12-month low of GBX 260 and a 12-month high of GBX 780. The firm has a fifty day moving average of GBX 303.88 and a 200-day moving average of GBX 366.95. The company has a market capitalization of £522.51 million and a price-to-earnings ratio of 58.87.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reduced their price objective on Raspberry Pi from GBX 380 to GBX 300 and set a “hold” rating for the company in a research report on Friday, January 16th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of GBX 300.

About Raspberry Pi

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.