Raspberry Pi Holdings (LON:RPI – Get Free Report)’s share price hit a new 52-week high on Tuesday . The stock traded as high as GBX 556.50 and last traded at GBX 556.50, with a volume of 1089450 shares trading hands. The stock had previously closed at GBX 508.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft cut their price objective on Raspberry Pi from GBX 380 to GBX 300 and set a “hold” rating for the company in a report on Friday, January 16th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of GBX 300.
Read Our Latest Stock Report on RPI
Raspberry Pi Price Performance
Insider Buying and Selling at Raspberry Pi
In other news, insider Eben Upton CBE acquired 4,684 shares of the business’s stock in a transaction dated Monday, February 16th. The stock was acquired at an average price of GBX 282 per share, for a total transaction of £13,208.88. Insiders acquired a total of 50,000 shares of company stock valued at $13,289,621 in the last ninety days. Corporate insiders own 1.73% of the company’s stock.
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.
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