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Gamco, Gabelli up stake in Herley Industries to 15.21%
By Lisa Kerner
Charlotte, N.C., April 23 - Herley Industries, Inc. shareholders led by Gamco Asset Management Inc. and Gabelli Funds, LLC increased their stake in the company to 15.21% from 14.15% with the purchase of an additional 143,300 shares of the company's stock.
The shares were acquired between March 17 and April 21 priced from $9.98 to $12.21 each, according to a schedule 13D filing with the Securities and Exchange Commission.
The reporting persons own 2,053,707 shares of the Lancaster, Pa.-based company. Herley provides microwave radio frequency and millimeter wave components to defense and commercial customers.
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