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Director dealings: Raspberry Pi founder raises stake

(Sharecast News) - Raspberry Pi revealed on Thursday that chief executive and founder Eben Upton had acquired 5,832 ordinary shares in the FTSE 250-listed tech firm. Upton, who took over as CEO in 2020, purchased the shares on Wednesday at an average price of 342.87p each, for a total value of £19,996.18.

Following the transaction, Upton holds a beneficial interest in 2.5m ordinary Raspberry Pi shares.

As of 1525 GMT, Raspberry Pi shares were up 2.55% at 360.34p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Dp Aircraft I Limited Pref (DPA) Director name: Knapp,Robert C Amount purchased: 18,186,272 @ $0.14 Value: $2,546,078.09

Ecora Resources (ECOR) Director name: Lafleche,Marc Bishop Amount purchased: 32,000 @ 93.07p Value: £29,782.40

Ecora Resources (ECOR) Director name: Flynn,Kevin Amount purchased: 21,175 @ 95.41p Value: £20,203.28

Raspberry Pi Holdings (RPI) Director name: Upton CBE,Eben Amount purchased: 5,832 @ 342.87p Value: £19,996.18

M & G Credit Income Investment Trust (MGCI) Director name: Boleat,Richard Amount purchased: 10,200 @ 94.25p Value: £9,613.50

Top Director Sells

Dp Aircraft I Limited Pref (DPA) Director name: Knapp,Robert C Amount sold: 18,186,272 @ $0.14 Value: $2,546,078.09

Fuller Smith & Turner (FSTA) Director name: Turner,Fred Amount sold: 6,896 @ 435.00p Value: £29,997.60

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.