Fargo & Co/mn Wells, 10% Owner at RACKSPACE HOSTING, INC. (RAX), sold 150,000 shares at $26.50 ($4.0M) on 2010-11-05, disclosed to the SEC on 2010-11-09.
Open-market sale of $4.0M 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 | 2010-11-15 | $13.3M | — | Filing → |
| RAX | SELL | 2010-11-12 | $6.8M | — | Filing → |