RACKSPACE HOSTING INC (RAX) CFO Bruce R Knooihuizen sells 50,000 Shares

CFO of RACKSPACE HOSTING INC (RAX, Financial) Bruce R Knooihuizen sells 50,000 shares of RAX on 03/03/2011 at an average price of $38.03 a share.

Rackspace Hosting Inc. has a market cap of $4.78 billion; its shares were traded at around $37.89 with a P/E ratio of 111.5 and P/S ratio of 6.2.

Hedge Fund Gurus that owns RAX: Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns RAX: RS Investment Management.

CEO Recent Trades:

  • Sell: CEO and President A Lanham Napier sold 455,000 shares of RAX stock on 02/15/2011 at the average price of 39.1. A Lanham Napier owns at least 4,125,117 shares after this. The price of the stock has decreased by 3.09% since.

CFO Recent Trades:

  • Sell: CFO Bruce R Knooihuizen sold 50,000 shares of RAX stock on 12/01/2010 at the average price of 30.04. Bruce R Knooihuizen owns at least 67,047 shares after this. The price of the stock has increased by 26.13% since.
  • Sell: CFO Bruce R Knooihuizen sold 50,000 shares of RAX stock on 09/28/2010 at the average price of 24.95. Bruce R Knooihuizen owns at least 67,047 shares after this. The price of the stock has increased by 51.86% since.

Directors and Officers Recent Trades:

  • Sell: Director S. James Bishkin sold 32,500 shares of RAX stock on 12/14/2011 at the average price of 39.63. S. James Bishkin owns at least 174,912 shares after this. The price of the stock has decreased by 4.39% since.
  • Sell: Sr. V.P., GC, and Secretary Alan Schoenbaum sold 2,000 shares of RAX stock on 03/02/2011 at the average price of 36. Alan Schoenbaum owns at least 118,963 shares after this. The price of the stock has increased by 5.25% since.
  • Sell: President, Cloud Lew Moorman sold 14,750 shares of RAX stock on 03/01/2011 at the average price of 35.91. Lew Moorman owns at least 1,219,297 shares after this. The price of the stock has increased by 5.51% since.
  • Sell: SVP Marketing and Product Dev. Klee Robert Kleber sold 10,000 shares of RAX stock on 03/01/2011 at the average price of 35.91. Klee Robert Kleber owns at least 12,031 shares after this. The price of the stock has increased by 5.51% since.
  • Sell: SVP and GM, Cloud Patrick M. Matthews sold 3,000 shares of RAX stock on 03/01/2011 at the average price of 35.93. Patrick M. Matthews owns at least 208,956 shares after this. The price of the stock has increased by 5.46% since.


For the complete insider trading history of RAX, click here.