Raspberry Pi (LON:RPI) Trading Up 0.9% - Still a Buy?

Key Points

• Raspberry Pi Holdings shares increased by 0.9% during mid-day trading, reaching a price of GBX 417.20 ($5.61) after opening at GBX 424.80 ($5.71).
• The company's market capitalization stands at £865.42 million with a notably high price-to-earnings ratio of 6,748.35.
• Recent insider transactions include significant sales by Richard David Boult and Eben Upton, totaling over £2.27 million in stock sold.

Raspberry Pi Holdings (LON:RPI - Get Free Report)'s share price traded up 0.9% during mid-day trading on Thursday . The stock traded as high as GBX 424.80 ($5.75) and last traded at GBX 417.20 ($5.65). 86,441 shares were traded during trading, a decline of 84% from the average session volume of 526,642 shares. The stock had previously closed at GBX 413.40 ($5.60).

Raspberry Pi Stock Down 1.6%

The company has a market capitalization of £810.03 million and a price-to-earnings ratio of 6,758.06. The business's 50-day moving average is GBX 432.72 and its 200-day moving average is GBX 473.21.

Insider Activity

In related news, insider Eben Upton CBE sold 400,000 shares of Raspberry Pi stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of GBX 455, for a total transaction of £1,820,000. Also, insider Richard David Boult sold 100,000 shares of the business's stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of GBX 455, for a total value of £455,000. Insiders own 1.67% of the company's stock.

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.