Insider Buying: Raspberry Pi (LON:RPI) Insider Purchases £25,900 in Stock

Raspberry Pi Holdings (LON:RPI) insider Eben Upton CBE bought 5,000 shares of Raspberry Pi stock in a transaction that occurred on Wednesday, November 4th. The shares were acquired at an average price of GBX 518 per share, with a total value of £25,900.

Raspberry Pi Stock Performance

Raspberry Pi stock opened at GBX 492.80 on Friday. Raspberry Pi Holdings has a 1 year low of GBX 253.80 and a 1 year high of GBX 1,082. The firm’s 50 day moving average price is GBX 592.95 and its two-hundred day moving average price is GBX 582.66. The firm has a market cap of £954.95 million, a price-to-earnings ratio of 29.19 and a beta of 0.45.

Wall Street Analyst Weigh In

A number of brokerages have commented on RPI. Berenberg Bank reiterated a “hold” rating and issued a GBX 670 price objective on shares of Raspberry Pi in a research report on Friday, September 25th. Jefferies Financial Group restated a “buy” rating and set a GBX 960 target price on shares of Raspberry Pi in a research report on Friday, September 25th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Raspberry Pi presently has a consensus rating of “Hold” and a consensus price target of GBX 760.

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.