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

CEO and President of RACKSPACE HOSTING INC (RAX, Financial) A Lanham Napier sells 22,000 shares of RAX on 11/25/2009 at an average price of $18.33 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 $2.22 billion; its shares were traded at around $18.33 with a P/E ratio of 79.7 and P/S ratio of 4.2.

RAX is in the portfolios of David Swensen of Yale University, George Soros of Soros Fund Management LLC.

Insiders' Positions with RAX

  • Sell:: CEO and President A Lanham Napier sold 22,000 shares of RAX stock on 11/18/2009 at the average price of 18.99, the price of the stock has decreased by 3.48% since

  • Sell:: CEO and President A Lanham Napier sold 22,000 shares of RAX stock on 11/11/2009 at the average price of 18.7, the price of the stock has decreased by 1.98% since

  • Sell:: CEO and President A Lanham Napier sold 22,000 shares of RAX stock on 11/04/2009 at the average price of 17.24, the price of the stock has increased by 6.32% since

  • Sell:: CEO and President A Lanham Napier sold 22,000 shares of RAX stock on 10/28/2009 at the average price of 16.87, the price of the stock has increased by 8.65% since

  • Sell:: CEO and President A Lanham Napier sold 22,000 shares of RAX stock on 10/21/2009 at the average price of 18.98, the price of the stock has decreased by 3.42% since



Insiders' Positions with RAX

  • Sell:: Director S. James Bishkin sold 72,000 shares of RAX stock on 11/23/2009 at the average price of 18.71, the price of the stock has decreased by 2.03% since

  • Sell:: VP Marketing and Product Dev. Klee Robert Kleber sold 22,500 shares of RAX stock on 11/18/2009 at the average price of 19.1, the price of the stock has decreased by 4.03% since

  • Sell:: 10% Owner Promod Haque sold 92,188 shares of RAX stock on 11/16/2009 at the average price of 18.92, the price of the stock has decreased by 3.12% since

  • Sell:: VP Marketing and Product Dev. Klee Robert Kleber sold 7,700 shares of RAX stock on 11/16/2009 at the average price of 18.14, the price of the stock has increased by 1.05% since

  • Sell:: VP Marketing and Product Dev. Klee Robert Kleber sold 17,200 shares of RAX stock on 11/13/2009 at the average price of 18, the price of the stock has increased by 1.83% since