Datalink Corp. (NASDAQ:DTLK) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $10.58 and last traded at $10.56, with a volume of 182,469 shares. The stock had previously closed at $9.96.

A number of equities research analysts have issued reports on DTLK shares. Needham & Company LLC reiterated a “buy” rating and issued a $9.00 price target on shares of Datalink Corp. in a research note on Sunday, May 1st. Zacks Investment Research lowered Datalink Corp. from a “hold” rating to a “sell” rating in a research note on Monday, May 2nd.

The company has a market capitalization of $235.05 million and a price-to-earnings ratio of 31.14. The company’s 50-day moving average is $8.41 and its 200-day moving average is $8.06.

Datalink Corp. (NASDAQ:DTLK) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.18 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.06. The company had revenue of $199.20 million for the quarter, compared to analyst estimates of $186.59 million. During the same quarter in the previous year, the firm posted $0.12 earnings per share. On average, analysts forecast 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 Datalink Corp. stock in a transaction on Tuesday, May 17th. The shares were sold at an average price of $8.07, for a total transaction of $322,800.00. Following the completion of the sale, the director now directly owns 15,000,426 shares in the company, valued at $121,053,437.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Greg R. Meland sold 51,876 shares of Datalink Corp. stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $8.10, for a total transaction of $420,195.60. Following the sale, the director now owns 1,320,426 shares of the company’s stock, valued at $10,695,450.60. The disclosure for this sale can be found here.

Datalink Corporation is a provider of information technology (IT) services and solutions. The Company provides a full life cycle of services, including consulting, strategy, design, deploy, manage and support. The Company leverages technology from the original equipment manufacturers (OEMs) as part of its IT solutions portfolio.

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