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RACKSPACE HOSTING INC (RAX) CEO and President A Lanham Napier sells 22,000 Shares

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Oct. 29, 2009 | Filed Under: RAX


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CEO and President of RACKSPACE HOSTING INC (RAX) A Lanham Napier sells 22,000 shares of RAX on 10/28/2009 at an average price of $16.87 a share.

As the world's leader and specialist in hosting Rackspace Hosting is changing the way businesses worldwide buy IT. Rackspace delivers computing-as-a-service integrating the industry's best technologies into a flexible service offering making computing more reliable and affordable. A trusted partner to companies of all sizes Rackspace enables IT departments to be more effective. Rackspace is distinguished by its award-winning Fanatical Support furthering the company's mission to be one of the world's greatest service companies. Rackspace featured in the top 30 of both the Sunday Times 100 Best companies to work for list and the Financial Times Great Place to Work Awards 2008. Rackspace's portfolio of hosted services includes managed hosting email hosting and cloud hosting Rackspace Hosting Inc has a market cap of $2.1 billion; its shares were traded at around $17.31 with a P/E ratio of 82.4 and P/S ratio of 3.9.

Insiders' Positions with RAX


  • Sell:: CEO and President on 10/21/2009 A Lanham Napier sold 22,000 shares of RAX stock at the average price of 18.98, the price of the stock has decreased by 8.8% since

  • Sell:: CEO and President on 10/14/2009 A Lanham Napier sold 22,000 shares of RAX stock at the average price of 18.67, the price of the stock has decreased by 7.28% since

  • Sell:: CEO and President on 09/30/2009 A Lanham Napier sold 22,000 shares of RAX stock at the average price of 17.04, the price of the stock has increased by 1.58% since

  • Sell:: CEO and President on 09/23/2009 A Lanham Napier sold 22,000 shares of RAX stock at the average price of 18.1, the price of the stock has decreased by 4.36% since

  • Sell:: CEO and President on 09/16/2009 A Lanham Napier sold 22,000 shares of RAX stock at the average price of 15.46, the price of the stock has increased by 11.97% since


Insiders' Positions with RAX


  • Sell:: Director on 10/21/2009 S. James Bishkin sold 20,000 shares of RAX stock at the average price of 18.98, the price of the stock has decreased by 8.8% since

  • Sell:: Sr. V.P., GC, and Secretary on 10/08/2009 Alan Schoenbaum sold 5,000 shares of RAX stock at the average price of 18.18, the price of the stock has decreased by 4.79% since

  • Sell:: President, The Rackspace Cloud on 10/01/2009 Lew Moorman sold 10,000 shares of RAX stock at the average price of 16.79, the price of the stock has increased by 3.1% since

  • Sell:: Sr. V.P., GC, and Secretary on 09/23/2009 Alan Schoenbaum sold 25,000 shares of RAX stock at the average price of 18.05, the price of the stock has decreased by 4.1% since

  • Sell:: Director on 09/22/2009 S. James Bishkin sold 64,000 shares of RAX stock at the average price of 17, the price of the stock has increased by 1.82% since





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