Fargo & Co/mn Wells, 10% Owner at RACKSPACE HOSTING, INC. (RAX), sold 470,177 shares at $28.32 ($13.3M) on 2010-11-11, disclosed to the SEC on 2010-11-15.
Open-market sale of $13.3M RAX by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| Filing → |
| RAX | SELL | 2010-11-15 | $8.4M | — | Filing → |
| RAX | SELL | 2010-11-12 | $6.8M | — | Filing → |
| RAX | SELL | 2010-11-10 | $4.5M | — | Filing → |