Raspberry Pi (LON:RPI) Insider Eben Upton CBE Buys 7,341 Shares

Key Points

  • Founder/insider Eben Upton CBE continued to accumulate stock, buying 7,341 shares on Jan 29 at GBX 271 (£19,894), following purchases of 21,927 shares on Jan 13 (GBX 271) and 5,832 shares on Nov 5 (GBX 343).
  • Raspberry Pi (LON:RPI) trades around GBX 269.43 with a market cap of £521.02m and a P/E of 58.7; it sits below its 50- and 200-day SMAs, and analysts have a consensus Hold rating with a GBX 300 price target after Deutsche Bank cut its target from GBX 380.

Raspberry Pi Holdings (LON:RPI - Get Free Report) insider Eben Upton CBE acquired 7,341 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were acquired at an average cost 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 bought 21,927 shares of Raspberry Pi stock. The stock was acquired at an average cost of GBX 271 per share, for a total transaction of £59,422.17.
  • On Wednesday, November 5th, Eben Upton CBE bought 5,832 shares of Raspberry Pi stock. The shares were bought at an average cost of GBX 343 per share, with a total value of £20,003.76.

Raspberry Pi Price Performance

LON:RPI opened at GBX 269.43 on Friday. The firm has a market capitalization of £521.02 million and a P/E ratio of 58.70. The business has a 50 day simple moving average of GBX 303.10 and a 200 day simple moving average of GBX 365.57. Raspberry Pi Holdings has a 12-month low of GBX 260 and a 12-month high of GBX 780.

Analysts Set New Price Targets

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 research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of GBX 300.




Read Our Latest Research Report on RPI

About Raspberry Pi

(Get Free Report)

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.

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