Raspberry Pi (LON:RPI) Insider Sells £1,837,300 in Stock

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

Raspberry Pi Trading Up 3.9%

Shares of RPI traded up GBX 31.79 on Monday, reaching GBX 840.29. 621,557 shares of the company’s stock traded hands, 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. The stock’s 50 day simple moving average is GBX 688.10 and its two-hundred day simple moving average is GBX 445.89. Raspberry Pi Holdings has a 52-week low of GBX 253.80 and a 52-week high of GBX 1,082.

Analysts Set New Price Targets

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