Insider Trading Alert - RAX, LQDT And AFG Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Yesterday, Feb. 18, 2014, 129 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $49.70 to $268,110,200.60.

Highlighted Stocks Traded by Insiders:

Rackspace Hosting (RAX) - FREE Research Report

Roenigk Mark who is Chief Operating Officer at Rackspace Hosting sold 11,500 shares at $33.23 on Feb. 18, 2014. Following this transaction, the Chief Operating Officer owned 30,748 shares meaning that the stake was reduced by 27.22% with the 11,500-share transaction.

The shares most recently traded at $35.26, up $2.03, or 5.76% since the insider transaction. Historical insider transactions for Rackspace Hosting go as follows:

  • 4-Week # shares sold: 5,192
  • 12-Week # shares sold: 45,192
  • 24-Week # shares sold: 252,192

The average volume for Rackspace Hosting has been 3.4 million shares per day over the past 30 days. Rackspace Hosting has a market cap of $4.7 billion and is part of the technology sector and computer software & services industry. Shares are down 10.63% year-to-date as of the close of trading on Tuesday.

Rackspace Hosting, Inc., through its subsidiaries, provides cloud computing services, managing Web-based IT systems for small and medium-sized businesses, and large enterprises worldwide. The company has a P/E ratio of 55.4. Currently there are 7 analysts that rate Rackspace Hosting a buy, 2 analysts rate it a sell, and 12 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on RAX - FREE

TheStreet Quant Ratings rates Rackspace Hosting as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Rackspace Hosting Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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