Palmer L. Moe, Director at RACKSPACE HOSTING, INC. (RAX), sold 30,000 shares at $45.07 ($1.3M) on 2011-07-06, disclosed to the SEC on 2011-07-06.
Scheduled sale ($1.3M) by Director under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $43.00 | 5,000 | $215K | 16.0% |
| 2 | $45.07 | 25,000 | $1.1M | 84.0% |
| Total | $44.73 avg | 30,000 | $1.3M | 100% |
| Filing → |
| RAX | SELL | 2011-06-03 | $220K | — | Filing → |
| RAX | SELL | 2011-05-13 | $633K | — | Filing → |
| WLL | BUY | 2009-03-10 | $19K | — | Filing → |