Gamco owns 18.43% of Ferro

By Lisa Kerner

Charlotte, N.C., April 3 - A group of Ferro Corp. investors led by Gamco Asset Management Inc. bought a net 619,650 shares of the company's stock through a series of buy and sell transactions between March 10 and April 2.

The shares were priced from $0.98 to $2.27 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Friday.

With the purchase, the investors raise their ownership in Ferro to 18.43% from 16.78%.

Between Dec. 9 and Feb. 6, Gamco bought 691,150 shares of Ferro, a prior SEC filing said.

Gamco beneficially owns 8,234,074 shares of the Cleveland-based company's outstanding shares.

Ferro is a supplier of specialty materials and chemicals for makers of electronics, solar energy, telecom, pharmaceutical, building, automotive and other household and industrial products.

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