Raspberry Pi (LON:RPI) Shares Down 1.2% - Should You Sell?

Raspberry Pi Holdings (LON:RPI - Get Free Report) shares were down 1.2% during trading on Wednesday . The company traded as low as GBX 449.99 ($6.11) and last traded at GBX 463.60 ($6.30). Approximately 168,005 shares traded hands during trading, a decline of 73% from the average daily volume of 615,329 shares. The stock had previously closed at GBX 469.20 ($6.37).

Raspberry Pi Stock Down 0.2%

The stock's 50-day moving average price is GBX 483.80 and its 200 day moving average price is GBX 544.86. The firm has a market cap of £888.31 million and a price-to-earnings ratio of 148.73.

Insider Transactions at Raspberry Pi

In other news, insider Richard David Boult sold 100,000 shares of the company's stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of GBX 455 ($6.18), for a total transaction of £455,000 ($618,122.54). Also, insider Eben Upton CBE sold 400,000 shares of the stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of GBX 455 ($6.18), for a total transaction of £1,820,000 ($2,472,490.15). 73.73% of the stock is currently owned by corporate insiders.

Raspberry Pi Company Profile

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.