Gabelli, Gamco own 6.65% of RPC following share purchase

By Lisa Kerner

Charlotte, N.C., April 25 - Gabelli Funds, LLC and Gamco Asset Management Inc. purchased 652,850 shares of RPC, Inc. stock, raising their ownership interest in the company to 6.65% from 5.51%.

The shares were acquired between Feb. 25 and April 24, priced from $12.38 to $17.51, according to a schedule 13D filing with the Securities and Exchange Commission.

The investors beneficially own 6,509,839 shares of the Atlanta-based company's outstanding stock.

RPC provides oilfield services and equipment to oil and gas companies.

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