Horrell Capital Management Lowers stake in DATALINK CORP COM (DTLK)

DATALINK CORP COM (DTLK) : Horrell Capital Management reduced its stake in DATALINK CORP COM by 7.82% during the most recent quarter end. The investment management company now holds a total of 898,800 shares of DATALINK CORP COM which is valued at $8,053,248 after selling 76,200 shares in DATALINK CORP COM , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.DATALINK CORP COM makes up approximately 4.96% of Horrell Capital Management’s portfolio.

DATALINK CORP COM closed down -0.1 points or -1.13% at $8.74 with 1,67,326 shares getting traded on Wednesday. Post opening the session at $8.8, the shares hit an intraday low of $8.52 and an intraday high of $8.9 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Acadian Asset Management added DTLK to its portfolio by purchasing 111,413 company shares during the most recent quarter which is valued at $1,023,885. DATALINK CORP COM makes up approx 0.01% of Acadian Asset Management’s portfolio.

On the company’s financial health, DATALINK CORP COM reported $0.05 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Apr 27, 2016. Analyst had a consensus of $0.10. The company had revenue of $164.60 million for the quarter, compared to analysts expectations of $176.49 million. The company’s revenue was down -6.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.11 EPS.

Many Wall Street Analysts have commented on DATALINK CORP COM. DATALINK CORP COM was Downgraded by Craig Hallum to ” Hold” on Feb 25, 2016.

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. The Company’s portfolio of solutions and services spans four practices: consolidation and virtualization data storage and protection advanced network infrastructures and business continuity and disaster recovery solutions. The Company offers a suite of consulting analysis design implementation management and support services. The Company’s physical laboratory enables customers to participate in physical demonstrations of a range of technologies including site-to-site replication data recovery wide area network (WAN) optimization de-duplication and virtual data center architectures.

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