Rackspace Technology, Inc. insider trading
Every open-market purchase and sale by Rackspace Technology, Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
| Date | Insider | Trade | Shares | Price | Value | 1M after | 3M after | 6M after |
|---|
Does following Rackspace Technology, Inc.’s insiders pay?
From March 2, 2021 to August 17, 2026, 12 insiders reported 7 open-market purchases and 11 sales not made under a pre-set plan in Rackspace Technology, Inc. Twelve months after each purchase was reported, the shares were −52.2% against the S&P 500 on average (median −52.2%), over 3 purchases with a full year of prices; 0% beat the index. After sales, the shares moved −57.4% against the index over 12 months (a negative figure means selling was the right call). That rests on fewer than 20 purchases, too few to read much into. Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on May 18, 2021 into $5,648 by November 2, 2026, −10.0% a year. It held shares 18% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $11,735 (+3.0% a year), and held throughout $19,762 (+13.3%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Fonseca Dhiren R. | Director | 0 | — | — | 2 | −56.7% (2) | June 14, 2021 |
| Maletira Amar | Chief Executive Officer | 1 | −52.2% (1) | 0% | 1 | — | November 24, 2023 |
| Roberts Anthony C. | Director | 2 | — | — | 0 | — | December 9, 2024 |
| Samant Shashank | Director | 2 | — | — | 0 | — | December 1, 2022 |
| Scott Anthony | Director | 0 | — | — | 2 | — | August 17, 2026 |
| Windham Holly B. | EVP, Chief Legal & People Off | 0 | — | — | 2 | −56.6% (2) | June 17, 2021 |
| Jones Kevin M. | Chief Executive Officer | 1 | −52.2% (1) | 0% | 0 | — | May 17, 2021 |
| Koushik Srini | Chief Technology Officer | 0 | — | — | 1 | — | November 30, 2023 |
| Mukerji Subroto | EVP, Chief Operating Officer | 1 | −52.2% (1) | 0% | 0 | — | May 17, 2021 |
| Sinha Dharmendra Kumar | EVP, President, Public Cloud | 0 | — | — | 1 | — | November 30, 2023 |
| Tarhan Tolga | Chief Technology Officer | 0 | — | — | 1 | −52.2% (1) | May 17, 2021 |
| Wolf Thomas | SVP, Global Sales Strat & Ops | 0 | — | — | 1 | −65.4% (1) | March 2, 2021 |
When several insiders traded Rackspace Technology, Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Rackspace Technology, Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 1 buying crowd with six months of prices, it averaged −36.5% against the index. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| May 28, 2021 | 3 buying | −40.6% | −36.5% | −53.4% |