Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An update from Raspberry PI Holdings plc ( (GB:RPI) ) is now available.
Raspberry Pi Holdings plc announced that its CEO, Eben Upton, and CFO, Richard Boult, have sold a portion of their shares following the expiry of lock-up arrangements post-listing on the London Stock Exchange. Upton sold approximately 14% and Boult 17% of their holdings for personal financial planning reasons, retaining significant shares in the company. This transaction reflects personal financial decisions by the executives and does not indicate any strategic shift within the company.
The most recent analyst rating on (GB:RPI) stock is a Hold with a £4.60 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.
Raspberry Pi Holdings’ overall score reflects strong corporate events and a solid financial position, countered by technical analysis indicating potential downward momentum and high valuation concerns. The company’s ongoing challenges with profitability and cash flow highlight areas for improvement.
To see Spark’s full report on GB:RPI stock, click here.
More about Raspberry PI Holdings plc
Raspberry Pi Holdings plc, headquartered in Cambridge, UK, is a leader in the low-cost, high-performance computing industry. The company provides general-purpose computing platforms and has a full-stack engineering organization with capabilities in semiconductor IP development, electronic product design, and software engineering. Raspberry Pi products are used across industrial, educational, and semiconductor markets, with over 60 million units sold globally.
Average Trading Volume: 368,882
Technical Sentiment Signal: Strong Sell
Current Market Cap: £879.7M
See more insights into RPI stock on TipRanks’ Stock Analysis page.