Rackspace shares.

Before that, Roberts Anthony C. had added 22,350 shares to its account. In a trade valued at $49,840, the Director bought Rackspace Technology Inc shares for $2.23 each. Upon closing the transaction, the insider’s holdings increased to 22,350 shares, worth approximately $0.19 million.On the day of the insider's recent sell, shares of Rackspace Technology Inc were trading at $1.3, giving the company a market cap of $294.313 million. This valuation is significantly lower than ...The company reported a net loss of $40.6 million, with earnings before certain costs such as stock compensation coming to 17 cents per share, just ahead of Wall Street’s target of 16 cents per ...Overview News Rackspace Technology Inc. No significant news for in the past two years. Key Stock Data P/E Ratio (TTM) N/A EPS (TTM) $-5.06 Market Cap $289.99 M Shares …In a notable insider transaction, Dharmendra Sinha, the EVP and President of Public Cloud at Rackspace Technology Inc (NASDAQ:RXT), sold 91,066 shares of the …

Hortonworks has proudly announced its ‘handshake’ with Openstack Foundation and Rackspace certification. Plus, an important announcement on the headcount numbers was made by VMware. Menu

Rackspace's shares are hovering around all-time lows. The company's growth outlook is moderating and its profitability is declining. The business still has a solid recurring revenue base.

Aug 9, 2022 · The company reported a net loss of $40.6 million, with earnings before certain costs such as stock compensation coming to 17 cents per share, just ahead of Wall Street’s target of 16 cents per ... Rackspace’s stock has fallen significantly over the past 12 months, currently trading at a near all-time low of $1.76 per share as of Tuesday afternoon. The company’s stock was well over $11 ...Rackspace shares soared as much as 17% on the news. Rackspace leases server space and helps corporations store and access data in the cloud. It was acquired by Apollo in a $4.3 billion leveraged ...Dec 1, 2023 · In a notable insider transaction, Dharmendra Sinha, the EVP and President of Public Cloud at Rackspace Technology Inc (NASDAQ:RXT), sold 91,066 shares of the company on November 28, 2023. Dec 1, 2023 · 7 equities research analysts have issued 1-year price targets for Rackspace Technology's shares. Their RXT share price targets range from $1.00 to $4.15. On average, they predict the company's share price to reach $2.54 in the next year. This suggests a possible upside of 72.6% from the stock's current price.

Jan 9, 2023 · Since then, Rackspace’s shares have plummeted — and its survival has been called into question. Napier said the company has struggled since it was sold and recapitalized and took on heavy debt.

Sometimes, we’re faced with situations where the only way to get out is by taking a long shot. If all the easy options are bad, then the only thing we can do is try our luck and hope for the best.

May 9, 2023 · Rackspace Technology will hold a conference call today, May 9, 2023, at 4:00pm CT / 5:00pm ET to discuss its first quarter 2023 results. Interested parties may access the conference call as follows: USA & Canada - Toll-Free (800) 715-9871 International - Toll (646) 307-1963. Conference ID: 2227483. To listen to the live webcast or access the ... 198.74%. Get the latest Rackspace Technology, Inc. (RXT) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment ...After surging over 11% on Tuesday, Rackspace shares moved into positive territory for 2014. Shares in the company have gained over 25% since June 30, data show. Still, questions remain for the ...As part of the 12 Foolish Days of Christmas, we'll look at five stocks that had a miserable 2013 but could be primed for a big rebound in 2014.Compare Bluepark vs. Instamojo vs. MenuPro vs. Shopify using this comparison chart. Compare price, features, and reviews of the software side-by-side to make the best choice for your business.

Rackspace shares dropped more than 80 percent last year, with about half of the decline coming after it was hit by a ransomware attack in December. Its business strategy aiming to capitalize on ...Today, the Rackspace Technology share price slid more than 9%, falling far below the crucial $5 level. The stock had already lost significant value throughout 2022. Today’s update on Rackspace ...Rackspace Technology, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 750102105 (CUSIP Number) December 31, 2020 (Date of Event Which Requires Filing of this Statement) ... Number of Shares Beneficially Owned. By Each Reporting. Person With : 5. Sole Voting Power . 0 : 6. Shared Voting Power . 22,245,029 : 7. Sole Dispositive …Insiders have purchased a total of 122,350 RXT shares in the last 24 months for a total of $504,840.50 bought. Which Rackspace Technology insiders have been selling company stock? The following insiders have sold RXT shares in the last 24 months: Amar Maletira ($143,652.60), Casey L Shilling ($1,745.56), and Mark A Marino ($3,647.52).May 9, 2023 · Rackspace Technology will hold a conference call today, May 9, 2023, at 4:00pm CT / 5:00pm ET to discuss its first quarter 2023 results. Interested parties may access the conference call as follows: USA & Canada - Toll-Free (800) 715-9871 International - Toll (646) 307-1963. Conference ID: 2227483. To listen to the live webcast or access the ...

Feb 23, 2022 · Rackspace (NASDAQ: RXT) stock is heading lower on Wednesday following the release of its earnings report for the fourth quarter of 2021. The data from the earnings report pulling RXT stock down ... 8 jun 2020 ... Share your videos with friends, family, and the world. ... Rackspace Technology - Solving Together. 13K views · 3 years ago ...more. Rackspace ...

Rackspace (RXT) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.22 per share a year ago. These figures are ...Tech stocks were weaker Wednesday afternoon, with the Technology Select Sector SPDR Fund XLK decreasing nearly 1% and the Philadelphia Semiconductor index falling about 2%.. In company news, D-Wave Quantum QBTS shares were up 3.3% after the company regained compliance with the New York Stock Exchange's minimum share …In the third quarter of 2021, Rackspace's sales rose 12% year over year to $763 million. The seller of multicloud technology services posted adjusted earnings of $0.25 per diluted share, a 32% ...Dec 1, 2023 · In a notable insider transaction, Dharmendra Sinha, the EVP and President of Public Cloud at Rackspace Technology Inc (NASDAQ:RXT), sold 91,066 shares of the company on November 28, 2023. Rackspace Technology Inc. shares jumped in after-hours trading Wednesday and again Thursday after the San Antonio cloud computing company reported earnings Wednesday that topped Wall Street’s ...OAKLAND, Calif.-- ( )--Scott Cole, class action veteran and founder of California-based Cole & Van Note, announces the filing of a class action lawsuit against Rackspace Technology, Inc. for ...

Information on stock, financials, earnings, subsidiaries, investors, and executives for Rackspace Technology. Use the PitchBook Platform to explore the full ...

AWS slashed prices on one of its popular services, EC2, this month and Rackspace shares promptly slid, leaving them down more than 45% so far this year.

Net loss per diluted share was $(1.05) in the third quarter of 2023, compared to net loss per diluted share of $(2.43) ... Rackspace Technology is providing guidance as follows: ...Rackspace earned $0.75 per diluted share in fiscal 2012. At a recent close of $33.61, shares trade at a trailing P/E of 44.8. The premium is justified: Rackspace earnings are triple where it was 3 ...14 feb 2023 ... Rackspace Technology•1.2K views · 5:32 · Go to channel · These are the stocks to buy for the next 10 years ... Green Stock News•939 views · 7:37.Net loss per diluted share was $(0.19) in the second quarter of 2022, compared to net loss per diluted share of $(0.18) in the second quarter of 2021. ... Rackspace Technology is providing ...Looking for a deep-discount value play in the tech sector? The market is littered with cheap stocks for 2014. Some tech stocks are cheap for good reason while others seem spring-loaded for a huge ...For this liferay clustering to work though, you have to use jgroups instead of RMI. The lines below is what's needed in your portal properties file to get jgroups cache replication working on rackspace windows servers. The default RMI replication does not work: cluster.link.enabled=true.Rackspace shares soared as much as 17% on the news. Rackspace leases server space and helps corporations store and access data in the cloud. It was acquired by Apollo in a $4.3 billion leveraged ...We are on the verge of huge technological change, according to analysts at Oppenheimer. They see a coming convergence of mobile and cloud computing with telecommunications, in which companies such ...Rackspace has entered into a definitive agreement to be acquired by a collection of funds to be managed by Apollo Global Management for $4.3 billion. ... Rackspace shares prices traded at roughly $80, though the buy-out demonstrates the fall from grace, valuing the shares $32. This price does also represent a premium of 38% on …Rackspace’s offering was led by Goldman Sachs Group Inc., Citigroup Inc. and JPMorgan Chase & Co. Apollo Global Securities, an affiliate of the private equity firm that backs Rackspace, was also an underwriter. Rackspace’s shares are trading on the Nasdaq Global Select Market under the symbol RXT. ©2020 Bloomberg L.P.AWS slashed prices on one of its popular services, EC2, this month and Rackspace shares promptly slid, leaving them down more than 45 percent so far this year. AWS generates at least $2 billion a year in revenue now from a total pie of more than $60 billion, according to analysts who expect that to quintuple to more than $10 billion in …

Aug 20, 2020 · Earlier this week, however, Rackspace’s shares rose as reports surfaced that Amazon is considering scooping up a minority stake in the company. As Jeff Bezos and Co. look to take advantage of the depressed price of 2020’s worst IPO, it’s worth asking why retail investors have been so uninterested in the company. Rackspace shares dropped more than 80 percent last year, with about half of the decline coming after it was hit by a ransomware attack in December. Its business strategy aiming to capitalize on ...7 equities research analysts have issued 1-year price targets for Rackspace Technology's shares. Their RXT share price targets range from $1.00 to $4.15. On average, they predict the company's share price to reach $2.54 in the next year. This suggests a possible upside of 72.6% from the stock's current price.Instagram:https://instagram. voo annualized returndow jones index listhow to open a paper trading account with td ameritradewhy are car payments so high Moreover, Point72 Hong Kong Ltd raised its holdings in Rackspace Technology by 144.4% in the second quarter, acquiring an additional 2,854 shares valued at $35,000. PNC Financial Services Group Inc. demonstrated unwavering belief in the company’s potential by raising its stake in Rackspace Technology by an impressive … vroom incbaba china stock All of this growth has not escaped the attention of Wall Street which has consistently priced Rackspace shares at astronomical P/E ratios. Nevertheless, it appears that the market is pricing the ... royal philips n.v. Nov 7, 2023 · Common stock, $0.01 par value per share: 1,495.0 shares authorized; 215.7 and 219.5 shares issued; 212.6 and 216.4 shares outstanding, respectively 2.2 Additional paid-in capital Clearly, I knew nothing about the company I bought shares in. Apparently they are going through some big time reorganization, and this is not good price-wise. Fast forward to yesterday. Doing research. To re-evalute my investment, I thought it wise to have a look at Rackspace’s Quarterly Report.