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Raspberry Pi Updates CEO Share Purchase Details

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Raspberry PI Holdings plc ( (GB:RPI) ) has shared an announcement.

Raspberry Pi Holdings plc announced a correction to a previous share purchase notification involving CEO Eben Upton. The corrected figures show Upton purchased 6,036 shares, resulting in a total holding of 2,513,004 shares. This update does not affect other details and highlights the company’s commitment to transparency and accurate reporting.

The most recent analyst rating on (GB:RPI) stock is a Hold with a £317.00 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 is primarily impacted by bearish technical indicators and a high P/E ratio, indicating overvaluation. While the company has strong revenue growth and a stable balance sheet, the declining profitability margins and negative free cash flow are concerns. The absence of earnings call data and corporate events limits additional insights.

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 low-cost, high-performance computing. The company offers a range of products suitable for industrial, educational, and semiconductor markets, with over 60 million units sold. It is a full-stack engineering organization with capabilities in semiconductor IP development, electronic product design, and software engineering.

Average Trading Volume: 426,527

Technical Sentiment Signal: Sell

Current Market Cap: £608.3M

Learn more about RPI stock on TipRanks’ Stock Analysis page.

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