Rackspace CEO Sells 145K Shares and 4 Insider Sales to Note

Napier A Lanham who is CEO at Rackspace Hosting, Inc (NYSE:RAX), sold 145,000 shares at $42.10 per share for a total value of $6,104,935. The shares recently traded at $42.21, up $0.11, or 0.26% since the insider sale.

RAX-20131118

Levinson Sara who is Director at Macy’s, Inc. (NYSE:M), sold 30,000 shares at $50.78 per share for a total value of $1,523,441. The shares recently traded at $51.09, up $0.31, or 0.61% since the insider sale.

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Penny Pamela J who is EVP & Chief Accounting Officer at HCC Insurance Holdings Inc. (NYSE:HCC), sold 20,000 shares at $46.00 per share for a total value of $920,096. The shares recently traded at $45.98, down $0.02, or 0.04% since the insider sale.

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Dockendorff Charles J who is EVP & Chief Financial Officer at Covidien plc (NYSE:COV), sold 39,397 shares at $66.22 per share for a total value of $2,609,023. The shares recently traded at $67.25, up $1.03, or 1.56% since the insider sale.

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Hubbard Robert Glenn who is Director at Automatic Data Processing, Inc. (NASDAQ:ADP), sold 10,974 shares at $76.64 per share for a total value of $841,012. The shares recently traded at $77.33, up $0.69, or 0.9% since the insider sale.

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