CastleKnight Management LP, a hedge fund, has purchased 600,400 shares of Rackspace Technology, Inc. (NASDAQ:RXT) during the fourth quarter, according to a recent filing with the Securities and Exchange Commission [0a8ab2da]. The value of the shares is estimated to be approximately $1,201,000 [0a8ab2da].
Other institutional investors and hedge funds have also made changes to their positions in Rackspace Technology, Inc. (NASDAQ:RXT) [0a8ab2da].
In other news, insider Kellie Teal-Guess sold 61,393 shares of Rackspace Technology, Inc. (NASDAQ:RXT) [0a8ab2da].
Rackspace Technology, Inc. (NASDAQ:RXT) is currently trading at $2.19 per share. The company reported earnings per share of ($0.11) for the quarter, beating the consensus estimate of ($0.13) [0a8ab2da].
Rackspace Technology, Inc. operates as a multi-cloud technology services company, providing public and private cloud managed services, professional services, and managed hosting and colocation services [0a8ab2da].