Datalink Corp. (NASDAQ:DTLK) dropped 5% during trading on Thursday . The company traded as low as $9.04 and last traded at $9.19, with a volume of 273,576 shares trading hands. The stock had previously closed at $9.67.

DTLK has been the topic of a number of analyst reports. Zacks Investment Research upgraded Datalink Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, June 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $9.00 price target on shares of Datalink Corp. in a research note on Sunday, May 1st.

The company has a market cap of $214.98 million and a PE ratio of 28.06. The firm’s 50-day moving average price is $8.14 and its 200 day moving average price is $7.95.

Datalink Corp. (NASDAQ:DTLK) last announced its earnings results on Thursday, July 28th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.06. During the same period in the previous year, the company posted $0.12 earnings per share. The business earned $199.20 million during the quarter, compared to analysts’ expectations of $186.59 million. On average, equities research analysts anticipate that Datalink Corp. will post $0.65 earnings per share for the current fiscal year.

In other news, Director Greg R. Meland sold 40,000 shares of the company’s stock in a transaction dated Tuesday, May 17th. The shares were sold at an average price of $8.07, for a total value of $322,800.00. Following the completion of the sale, the director now directly owns 15,000,426 shares of the company’s stock, valued at $121,053,437.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Greg R. Meland sold 48,124 shares of the company’s stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $8.10, for a total transaction of $389,804.40. Following the completion of the sale, the director now directly owns 1,220,426 shares of the company’s stock, valued at $9,885,450.60. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Datalink Corp. stock. Paradigm Capital Management Inc. NY raised its position in shares of Datalink Corp. (NASDAQ:DTLK) by 21.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 989,800 shares of the company’s stock after buying an additional 171,500 shares during the period. Paradigm Capital Management Inc. NY owned approximately 4.26% of Datalink Corp. worth $6,730,000 as of its most recent SEC filing.

Datalink Corporation is engaged in accessing, designing, deploying, managing and supporting infrastructures, such as servers, storage and networks. The Company provides solutions and services to data centers for changing business needs. It leverages hardware and software from original equipment manufacturers (OEMs) as part of its data center optimization offerings.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.