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Raspberry PI Holdings plc ( (GB:RPI) ) has issued an announcement.
Raspberry Pi Holdings plc announced that its CEO, Eben Upton, has purchased additional ordinary shares in the company, increasing his shareholding to 2,519,040 shares. This transaction reflects confidence in the company’s future prospects and may positively influence stakeholder perception, reinforcing Raspberry Pi’s strong position in the computing industry.
The most recent analyst rating on (GB:RPI) stock is a Hold with a £359.00 price target. To see the full list of analyst forecasts on Raspberry PI Holdings plc stock, see the GB:RPI Stock Forecast page.
Spark’s Take on GB:RPI Stock
According to Spark, TipRanks’ AI Analyst, GB:RPI is a Neutral.
The overall stock score reflects a combination of strong financial performance but is weighed down by bearish technical indicators and an overvalued P/E ratio. The lack of earnings call insights and corporate events further limits the potential for a higher score.
To see Spark’s full report on GB:RPI stock, click here.
More about Raspberry PI Holdings plc
Headquartered in Cambridge, UK, Raspberry Pi Holdings plc is a leader in low-cost, high-performance computing. The company offers general-purpose computing platforms for enthusiasts and engineers worldwide, with a focus on industrial and embedded markets, education, and semiconductors. With a full-stack engineering approach, Raspberry Pi has sold over 60 million units, providing robust and affordable solutions across various applications.
Average Trading Volume: 422,245
Technical Sentiment Signal: Sell
Current Market Cap: £631.1M
For a thorough assessment of RPI stock, go to TipRanks’ Stock Analysis page.