Insider Buying: Raspberry Pi (LON:RPI) Insider Purchases £19,883.18 in Stock

Raspberry Pi Holdings (LON:RPI) insider Eben Upton CBE acquired 7,589 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The stock was bought at an average cost of GBX 262 per share, for a total transaction of £19,883.18.

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 purchased at an average cost of GBX 266 per share, with a total value of £19,864.88.
• On Monday, February 9th, Eben Upton CBE purchased 7,604 shares of Raspberry Pi stock. The stock was purchased at an average price of GBX 262 per share, for a total transaction of £19,922.48.
• On Wednesday, February 4th, Eben Upton CBE acquired 15,314 shares of Raspberry Pi stock. The stock was purchased at an average cost of GBX 262 per share, for a total transaction of £40,122.68.
• On Thursday, January 29th, Eben Upton CBE acquired 7,341 shares of Raspberry Pi stock. The shares were purchased at an average price of GBX 271 per share, with a total value of £19,894.11.
• On Tuesday, January 13th, Eben Upton CBE bought 21,927 shares of Raspberry Pi stock. The shares were purchased at an average cost of GBX 271 per share, with a total value of £59,422.17.

Raspberry Pi Trading Up 3.3%

Shares of RPI opened at GBX 281.06 on Friday. The stock has a market capitalization of £543.86 million and a P/E ratio of 61.23. Raspberry Pi Holdings has a 12 month low of GBX 253.80 and a 12 month high of GBX 702.50. The firm’s fifty day simple moving average is GBX 291.04 and its two-hundred day simple moving average is GBX 351.66.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft cut their target price on shares of 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 research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus 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.