Mark Roenigk, Chief Operating Officer at RACKSPACE HOSTING, INC. (RAX), sold 9,744 shares at $30.11 ($293K) on 2016-08-05, disclosed to the SEC on 2016-08-09.
Seasonal sale ($293k) by Chief Operating Officer — this insider has traded RAX in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| Filing → |
| RAX | SELL | 2016-08-09 | $444K | — | Filing → |
| RAX | SELL | 2015-08-19 | $101K | — | Filing → |
| RAX | SELL | 2015-08-17 | $8K | — | Filing → |