Mark Roenigk, Chief Operating Officer at RACKSPACE HOSTING, INC. (RAX), sold 5,213 shares at $29.25 ($152K) on 2016-08-12, disclosed to the SEC on 2016-08-16.
Seasonal sale ($152k) 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $29.25 | 161 | $5K | 3.1% |
| 2 | $29.25 | 701 | $21K | 13.5% |
| 3 | $29.25 | 2,195 | $64K | 42.2% |
| 4 | $29.17 | 2,156 | $63K | 41.3% |
| Total | $29.22 avg | 5,213 | $152K | 100% |
| Filing → |
| RAX | SELL | 2015-08-19 | $101K | — | Filing → |
| RAX | SELL | 2015-08-17 | $8K | — | Filing → |
| RAX | SELL | 2015-08-12 | $19K | — | Filing → |