Gamco ups stake in Radyne to 5.3%

By Devika Patel

Knoxville, Tenn., July 25 - Radyne Corp. investor Gamco Asset Management Inc. reported increasing its stake in the company to 5.3%, according to a Friday schedule 13D filing with the Securities and Exchange Commission.

Gamco now owns 2,176,843 of Radyne's approximately 18,808,528 outstanding shares, according to the filing.

The investor bought 221,005 shares between July 3 and July 24 at prices from $11.45 to $11.4694 and sold 22,540 shares at $11.44 and $11.465.

Radyne is a Phoenix-based communications products company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.