Datalink Corp. (NASDAQ:DTLK) saw strong trading volume on Monday . 189,098 shares traded hands during trading, an increase of 40% from the previous session’s volume of 135,060 shares.The stock last traded at $9.91 and had previously closed at $9.57.

Several equities analysts have issued reports on the stock. Zacks Investment Research raised shares of Datalink Corp. from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a report on Wednesday, August 3rd. Needham & Company LLC reaffirmed a “buy” rating and set a $9.00 price objective on shares of Datalink Corp. in a report on Sunday, May 1st.

The firm has a market cap of $219.70 million and a PE ratio of 28.68. The firm has a 50-day moving average of $8.19 and a 200-day moving average of $7.99.

Datalink Corp. (NASDAQ:DTLK) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.12 by $0.06. During the same quarter last year, the company earned $0.12 EPS. The business earned $199.20 million during the quarter, compared to analysts’ expectations of $186.59 million. On average, analysts anticipate that Datalink Corp. will post $0.65 EPS for the current year.

In other Datalink Corp. news, CFO Gregory T. Barnum sold 5,704 shares of the business’s stock in a transaction on Friday, May 27th. The shares were sold at an average price of $8.10, for a total value of $46,202.40. Following the transaction, the chief financial officer now directly owns 102,030 shares of the company’s stock, valued at approximately $826,443. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Greg R. Meland sold 8,386 shares of the business’s stock in a transaction on Wednesday, May 18th. The shares were sold at an average price of $7.94, for a total transaction of $66,584.84. Following the completion of the transaction, the director now directly owns 1,472,040 shares in the company, valued at $11,687,997.60. 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 boosted its stake in shares of Datalink Corp. (NASDAQ:DTLK) by 21.0% during the fourth quarter, according to its most recent 13F filing with the SEC. 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 about 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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