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Raspberry Pi CEO Increases Stake with Share Purchase

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Meet Your ETF AI Analyst

The latest update is out from Raspberry PI Holdings plc ( (GB:RPI) ).

Raspberry Pi Holdings plc announced that its CEO, Eben Upton, has purchased 5,832 ordinary shares of the company, increasing his total shareholding to 2,506,968 shares. This transaction, conducted on the London Stock Exchange, signifies confidence in the company’s future prospects and may positively impact stakeholder perceptions, reinforcing the company’s position in the competitive computing market.

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

Raspberry Pi Holdings plc, headquartered in Cambridge, UK, is a leader in providing high-performance, low-cost computing solutions. The company operates as a full-stack engineering organization with capabilities in semiconductor IP development, electronic product design, software engineering, and regulatory compliance. Raspberry Pi products are known for their robustness and affordability, catering to markets such as Industrial and Embedded, Enthusiast and Education, and Semiconductors, with over 60 million units sold globally.

Average Trading Volume: 408,729

Technical Sentiment Signal: Sell

Current Market Cap: £675.2M

For an in-depth examination of RPI stock, go to TipRanks’ Overview page.

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