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Gabelli ups stake in Hyperion Solutions to 7.69%
By Lisa Kerner
Charlotte, N.C., April 2 - Hyperion Solutions Corp. investor Mario J. Gabelli and his affiliated entities including Gabelli Funds, LLC and Gamco Asset Management Inc., purchased 975,482 shares of the company's stock between March 14 and March 29 priced from $51.55 to $51.80 per share, according to a schedule 13D filing with the Securities and Exchange Commission.
The investors beneficially own 4,534,470 shares, or 7.69%, of the Santa Clara, Calif., business performance management software company's stock.
On March 13, the reporting persons owned 3,572,188 shares, or 6.06%, of the Hyperion's stock, an SEC filing stated.
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