Key Points
- Insider sale: Raspberry Pi insider Richard David Boult sold 150,000 shares on May 8 at an average price of GBX 701, totaling about £1.05 million.
- Stock context: The shares last traded at GBX 719.50, near the company’s 52-week high of GBX 742, giving Raspberry Pi a market value of about £1.39 billion.
- Analyst view: Deutsche Bank raised its price target on Raspberry Pi from GBX 300 to GBX 550 but kept a Hold rating. The consensus analyst rating remains Hold, with an average target price of GBX 550.
Raspberry Pi Holdings (LON:RPI - Get Free Report) insider Richard David Boult sold 150,000 shares of Raspberry Pi stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of GBX 701, for a total transaction of £1,051,500.
Raspberry Pi Price Performance
RPI stock opened at GBX 719.50 on Tuesday. The firm has a market capitalization of £1.39 billion, a P/E ratio of 156.75 and a beta of 0.88. Raspberry Pi Holdings has a 52-week low of GBX 253.80 and a 52-week high of GBX 742. The company's 50 day simple moving average is GBX 463.60 and its 200-day simple moving average is GBX 369.91.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft increased their target price on Raspberry Pi from GBX 300 to GBX 550 and gave the company a "hold" rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of GBX 550.
Read Our Latest Stock Report on Raspberry Pi
About Raspberry Pi
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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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