Rackable Systems, Inc. (RACK) is a publicly traded company in the Unknown sector. Across all available filings, 26 corporate insiders have executed 399 transactions totaling $128.5M, demonstrating a bearish sentiment with -$128.3M in net insider flow. The most recent transaction on Jul 11, 2013 involved a transaction of 57,778 shares valued at $130.0K.
No significant insider buying has been recorded for RACK in the recent period.
No significant insider selling has been recorded for RACK in the recent period.
Based on recent SEC filings, insider sentiment for RACK is bearish with an Insider Alignment Score of 0/100 and a net flow of -$128.3M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at Rackable Systems, Inc. (RACK) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 26 insiders are actively trading RACK stock, having executed 399 transactions in the past 90 days. The most active insider is Investors Pcip (Executive), who has made 4 transactions totaling $104.1M.
Get notified when executives and directors at RACK file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Jul 11, 2013 | Partners Llp Gottbetter &. | Executive | Other | 57,778 | $2.25 | $130.0K | |
| Jan 3, 2013 | F. Feighan Edward | Executive | Purchase | 333,333 | $0.15 | $50.0K | |
| Nov 8, 2012 | Spiegeland Kenneth | Executive | Sale | 10,000 | $0.14 | $1.4K | |
| Oct 4, 2012 | F. Feighan Edward | Executive | Purchase | 166,667 | $N/A | $0 | |
| Mar 20, 2012 | F. Feighan Edward | Executive | Purchase | 250,000 | $0.04 | $10.0K | |
| Mar 8, 2012 | Spiegeland Kenneth | Executive | Purchase | 10,000 | $0.05 | $500 | |
| Jan 6, 2012 | F. Feighan Edward | Executive | Purchase | 133,333 | $N/A | $0 | |
| May 11, 2009 | M. Yoffie David | Executive | Payment | 1,675 | $5.05 | $8.5K | |
| May 11, 2009 | M. Yoffie David | Executive | Award | 4,687 | $5.05 | $23.7K | |
| May 11, 2009 | J. Barrenechea Mark | Executive | Payment | 3,351 | $5.05 | $16.9K | |
| May 11, 2009 | J. Barrenechea Mark | Executive | Award | 9,375 | $5.05 | $47.3K | |
| May 11, 2009 | Coglitore Giovanni | Executive | Payment | 1,675 | $5.05 | $8.5K | |
| May 11, 2009 | Coglitore Giovanni | Executive | Award | 4,687 | $5.05 | $23.7K | |
| May 11, 2009 | Leibenstern Maurice | Executive | Award | 4,687 | $5.05 | $23.7K | |
| May 11, 2009 | Leibenstern Maurice | Executive | Payment | 1,675 | $5.05 | $8.5K |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 47 | $128.4M | 95.9% |
Award(A) | 149 | $2.3M | 1.8% |
Exercise(M) | 46 | $1.4M | 1.0% |
Payment(F) | 127 | $1.1M | 0.8% |
Other(J) | 19 | $424.7K | 0.3% |
Disposition(D) | 1 | $188.5K | 0.1% |
Purchase(P) | 6 | $131.9K | 0.1% |
Gift(G) | 4 | $0 | 0.0% |
Insider selling pressure at Rackable Systems, Inc. has increased, with 26 insiders executing 399 transactions across all time. Total sales of $128.4M significantly outpace purchases of $131.9K, resulting in a net outflow of $128.3M. This selling activity appears largely discretionary, which may warrant closer attention from investors.