Insider Buying: Raspberry Pi (LON:RPI) Insider Acquires £59,422.17 in Stock

Raspberry Pi Holdings (LON:RPI) insider Eben Upton CBE bought 21,927 shares of the company’s stock in a transaction on Tuesday, January 13th. The shares were acquired at an average price of GBX 271 per share, with a total value of £59,422.17.

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

• 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, for a total transaction of £20,003.76.

Raspberry Pi Trading Up 0.4%

LON RPI opened at GBX 299.80 on Friday. Raspberry Pi Holdings has a 12 month low of GBX 260 and a 12 month high of GBX 780. The stock has a 50-day simple moving average of GBX 313.28 and a 200 day simple moving average of GBX 378.60. The company has a market capitalization of £579.75 million and a PE ratio of 65.32.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Raspberry Pi from GBX 420 to GBX 380 and set a “hold” rating on the stock in a research note on Thursday, September 25th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of GBX 380.

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.