Amar Maletira has shown significant activity in insider trading, indicating a strong belief in Rackspace's future. In September 2019, he had trades worth around $4.95 million, peaking at $5.75 million a month later. His trading activity remained steady until 2020,...
Amar Maletira has shown significant activity in insider trading, indicating a strong belief in Rackspace's future. In September 2019, he had trades worth around $4.95 million, peaking at $5.75 million a month later. His trading activity remained steady until 2020, where it consistently fluctuated between $2 million and $4 million. By August 2023, his trading surged to around $14.82 million, suggesting confidence in the company's growth. His wealth at times has heavily leaned on his holdings in Rackspace, demonstrating a clear commitment to the company's success. This trend of strategic trading is followed closely by investors as it provides insight into the company’s performance and potential growth.