Fargo & Co/mn Wells, 10% Owner at RACKSPACE HOSTING, INC. (RAX), sold 250,000 shares at $27.01 ($6.8M) on 2010-11-09, disclosed to the SEC on 2010-11-12.
Open-market sale of $6.8M 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $27.01 | 237,000 | $6.4M | 94.7% |
| 2 | $27.59 | 13,000 | $359K | 5.3% |
| Total | $27.04 avg | 250,000 | $6.8M | 100% |
| Filing → |
| RAX | SELL | 2010-11-15 | $8.4M | — | Filing → |
| RAX | SELL | 2010-11-15 | $13.3M | — | Filing → |
| RAX | SELL | 2010-11-10 | $4.5M | — | Filing → |