Datalink Corp (DTLK): Greg R Meland , director of Datalink Corp sold 40,000 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $8.07 per share for a total value of $322,754.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 6, 2016, Denise Westenfield (VP, Controller, Chief Acct Off) sold 3,000 shares at $8.11 per share price.On May 6, 2016, Gregory T Barnum (CFO) sold 10,000 shares at $8.03 per share price.Also, On May 4, 2016, Paul F Lidsky (President & CEO) sold 84,000 shares at $8.03 per share price.On Nov 9, 2015, Grady Michael Shawn O (EVP Field Operations) sold 10,000 shares at $7.81 per share price.
Shares of Datalink Corporation (DTLK) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.64% at $7.8 with 39,609 shares getting traded. Post opening the session at $7.81, the shares hit an intraday low of $7.75 and an intraday high of $7.962 and the price vacillated in this range throughout the day. The company has a market cap of $176,116 M and the number of outstanding shares has been calculated to be 22,57,90,00,000 shares. The 52-week high of Datalink Corporation is $9.836 and the 52-week low is $5.1.
Company has been under the radar of several Street Analysts.Datalink Corporation is Downgraded by Craig Hallum to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued 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.