Rackspace Technology has achieved VMware Sovereign Cloud Partner Status for its UK Sovereign Services, enhancing data security for UK organizations.
Quiver AI Summary
Rackspace Technology announced that its UK Sovereign Services has achieved VMware Sovereign Cloud Partner Status, enhancing its capability to securely store and manage sensitive data for UK organizations. This service offers a fully managed, private cloud platform specifically designed for entities requiring strict data location and processing controls, utilizing proven VMware technologies in UK data centers. The platform emphasizes high availability, robust network resilience, and integrated security, facilitating operational efficiency and cloud adoption for customers. Rackspace partners with various UK public sector organizations and regulated industries to provide comprehensive cloud solutions, underscoring its commitment to maintaining data sovereignty and compliance with national regulations.
Potential Positives
- Rackspace Technology has achieved VMware Sovereign Cloud Partner Status, reinforcing its commitment to data sovereignty and regulation compliance for UK organisations.
- The announcement highlights Rackspace's robust capabilities in managing sensitive data for public sector and regulated industries, strengthening its market position.
- Rackspace Sovereign Services promotes a fully managed private cloud platform that enhances security and operational reliability, which can attract more clients in the UK market.
- The partnership with UK public sector organisations and regulated industries indicates a targeted strategy to grow in key sectors, bolstering future business opportunities.
Potential Negatives
- The announcement of achieving VMware Sovereign Cloud Partner Status, while positive, may indicate previous shortcomings in securing such status which could raise concerns about the company’s past capabilities in handling sensitive data.
- Relying heavily on partnerships with public sector organizations and regulated industries could expose the company to risks associated with changes in government policy or regulatory environments.
- The disclaimer about forward-looking statements and the lack of promises or guarantees for future performance may lead to skepticism about the company's growth prospects and financial stability.
FAQ
What is the VMware Sovereign Cloud Partner Status?
The VMware Sovereign Cloud Partner Status is awarded to providers meeting strict criteria for data sovereignty and local control.
How does Rackspace's Sovereign Services benefit UK organisations?
It offers a fully managed, private cloud platform that ensures strict data control, security, and operational reliability for UK organisations.
What technologies does Rackspace's Sovereign Services utilize?
Rackspace Sovereign Services is built on proven VMware technologies, providing high availability and resilient networking.
Who does Rackspace partner with for its Sovereign Services?
Rackspace collaborates with UK public sector organisations, regulated financial services, and healthcare providers to deliver comprehensive solutions.
What does Rackspace's commitment to regulated industry clouds mean?
It underscores their dedication to providing secure, compliant cloud solutions tailored for sensitive data handling in regulated industries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RXT Insider Trading Activity
$RXT insiders have traded $RXT stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $RXT stock by insiders over the last 6 months:
- AMAR MALETIRA sold 1,780,619 shares for an estimated $2,403,835
- DHARMENDRA KUMAR SINHA (EVP, President, Public Cloud) has made 0 purchases and 2 sales selling 150,473 shares for an estimated $154,712.
- ANTHONY SCOTT sold 40,000 shares for an estimated $57,200
- KELLIE TEAL-GUESS (Chief Human Resources Officer) sold 18,301 shares for an estimated $18,484
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RXT Revenue
$RXT had revenues of $671.2M in Q3 2025. This is a decrease of -0.68% from the same period in the prior year.
You can track RXT financials on Quiver Quantitative's RXT stock page.
$RXT Hedge Fund Activity
We have seen 58 institutional investors add shares of $RXT stock to their portfolio, and 45 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- APOLLO MANAGEMENT HOLDINGS, L.P. removed 129,609,000 shares (-50.0%) from their portfolio in Q3 2025, for an estimated $182,748,690
- AUSTRALIANSUPER PTY LTD added 1,614,437 shares (+inf%) to their portfolio in Q3 2025, for an estimated $2,276,356
- RUSSELL INVESTMENTS GROUP, LTD. removed 780,406 shares (-94.9%) from their portfolio in Q3 2025, for an estimated $1,100,372
- CASTLEKNIGHT MANAGEMENT LP added 727,590 shares (+22.7%) to their portfolio in Q3 2025, for an estimated $1,025,901
- MORGAN STANLEY removed 634,583 shares (-21.9%) from their portfolio in Q3 2025, for an estimated $894,762
- JANUS HENDERSON GROUP PLC added 615,240 shares (+inf%) to their portfolio in Q3 2025, for an estimated $867,488
- JACOBS LEVY EQUITY MANAGEMENT, INC removed 555,302 shares (-44.1%) from their portfolio in Q3 2025, for an estimated $782,975
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RXT Price Targets
Multiple analysts have issued price targets for $RXT recently. We have seen 2 analysts offer price targets for $RXT in the last 6 months, with a median target of $1.575.
Here are some recent targets:
- Daniel R. Perlin from RBC Capital set a target price of $1.75 on 11/10/2025
- Keith Bachman from BMO Capital set a target price of $1.4 on 08/12/2025
Full Release
LONDON, Jan. 16, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced its UK Sovereign Services has achieved the VMware Sovereign Cloud Partner Status , reinforcing Rackspace’s ability to store, process, and protect UK organisations’ most sensitive data.
Rackspace Sovereign Services delivers a fully managed, private cloud platform designed specifically for organisations that require strict control over where data is located and how it is processed. Built on proven VMware technologies and operated from UK-based data centres, the service combines high availability, resilient networking, and integrated security controls to reduce operational complexity for customers while accelerating cloud adoption.
“With Rackspace’s digital Sovereign Cloud, organisations can optimise private cloud architecture to ensure mission-critical applications deliver predictable performance, enhanced security, and operational reliability,” said, Rick Martire, general manager of Rackspace Sovereign Services. “This is a major milestone supporting the UK Public Sector and further affirms our commitment to regulated industry clouds,” Martire added.
Rackspace partners with UK public sector organisations, regulated financial services firms, and healthcare providers to deliver end-to-end solutions that combine cloud infrastructure with expert managed services and security operations.
The VMware Sovereign Cloud Partner Status is awarded to VMware Cloud Service Providers (CSPs) that meet strict criteria for providing cloud services with full data sovereignty and jurisdictional control within a specific country or region. It validates a partner's ability to ensure data remains under local control, adheres to national regulations for data privacy and security, and is housed in data centers managed by local entities.
About Rackspace Technology
Rackspace Technology is a leading end-to-end hybrid cloud and AI solutions company. We can design, build, and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernise applications, build new products, and adopt innovative technologies.
Disclaimer
This press release contains forward-looking statements subject to risks and uncertainties that may cause actual results to differ materially. Rackspace Technology undertakes no obligation to update these statements. Rackspace Technology and Rackspace are trademarks of Rackspace US, Inc. VMware and VMware Sovereign Cloud are trademarks of VMware, Inc. All other marks are property of their respective owners. This press release is for informational purposes only and does not constitute financial promotion, investment advice, or an offer to sell securities.
Media Contact:
Cheryl Amerine, [email protected]
