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

Raspberry Pi Holdings (LON:RPI) insider Eben Upton CBE purchased 7,604 shares of Raspberry Pi stock in a transaction dated Monday, February 9th. The shares were bought at an average price 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 stock was purchased at an average price of GBX 266 per share, for a total transaction of £19,864.88.
• On Wednesday, February 4th, Eben Upton CBE purchased 15,314 shares of Raspberry Pi stock. The shares were purchased at an average price of GBX 262 per share, with a total value of £40,122.68.
• On Thursday, January 29th, Eben Upton CBE purchased 7,341 shares of Raspberry Pi stock. The shares were purchased at an average cost of GBX 271 per share, for a total transaction of £19,894.11.
• On Tuesday, January 13th, Eben Upton CBE bought 21,927 shares of Raspberry Pi stock. The stock was acquired at an average price of GBX 271 per share, for a total transaction of £59,422.17.

Raspberry Pi Price Performance

Shares of LON:RPI traded up GBX 5.60 during midday trading on Monday, reaching GBX 271. 225,475 shares of the company’s stock were exchanged, compared to its average volume of 1,015,170. The firm’s 50 day simple moving average is GBX 296.76 and its two-hundred day simple moving average is GBX 357.15. Raspberry Pi Holdings has a fifty-two week low of GBX 253.80 and a fifty-two week high of GBX 780. The stock has a market cap of £524.39 million and a price-to-earnings ratio of 59.04.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft dropped their price objective on Raspberry Pi from GBX 380 to GBX 300 and set a “hold” rating for the company in a research note on Friday, January 16th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price 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.