Eben Upton CBE Sells 190,000 Shares of Raspberry Pi (LON:RPI) Stock

Raspberry Pi Holdings (LON:RPI) insider Eben Upton CBE sold 190,000 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of GBX 967, for a total transaction of £1,837,300.

Raspberry Pi Stock Performance

RPI traded up GBX 31.79 during midday trading on Monday, reaching GBX 840.29. The company had a trading volume of 621,557 shares, compared to its average volume of 2,363,607. The stock has a market cap of £1.63 billion, a PE ratio of 183.07 and a beta of 0.84. Raspberry Pi Holdings has a 12-month low of GBX 253.80 and a 12-month high of GBX 1,082. The business has a 50-day moving average price of GBX 688.10 and a two-hundred day moving average price of GBX 445.89.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft upped their price target on shares of Raspberry Pi from GBX 300 to GBX 550 and gave the company a “hold” rating in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Raspberry Pi presently has a consensus rating of “Hold” and an average price target of GBX 550.

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.