Datalink Corp. (NASDAQ:DTLK)’s share price rose 4.7% during trading on Friday . The stock traded as high as $9.66 and last traded at $9.60, with a volume of 107,988 shares changing hands. The stock had previously closed at $9.17.

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

The stock has a market cap of $214.98 million and a P/E ratio of 28.06. The company has a 50 day moving average price of $8.14 and a 200-day moving average price of $7.95.

Datalink Corp. (NASDAQ:DTLK) last released its earnings results on Thursday, July 28th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.06. The firm earned $199.20 million during the quarter, compared to analyst estimates of $186.59 million. During the same period in the previous year, the company earned $0.12 earnings per share. Analysts anticipate that Datalink Corp. will post $0.65 EPS for the current fiscal year.

In other Datalink Corp. news, Director Greg R. Meland sold 31,614 shares of the stock in a transaction dated Monday, May 23rd. The stock was sold at an average price of $8.07, for a total transaction of $255,124.98. Following the sale, the director now directly owns 1,400,426 shares of the company’s stock, valued at approximately $11,301,437.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Greg R. Meland sold 40,000 shares of the stock in a transaction dated Tuesday, May 24th. The stock was sold at an average price of $8.20, for a total value of $328,000.00. Following the sale, the director now directly owns 1,360,426 shares in the company, valued at $11,155,493.20. The disclosure for this sale can be found here.

An institutional investor recently raised its position in Datalink Corp. stock. Paradigm Capital Management Inc. NY increased its stake in Datalink Corp. (NASDAQ:DTLK) by 21.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 4.26% of Datalink Corp. worth $6,730,000 at the end of the most recent quarter.

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.

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