Gamco's ownership of Exactech dips below 5%

By Lisa Kerner

Charlotte, N.C., Aug. 14 - Exactech, Inc. investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC sold 34,100 shares of the company's stock between June 17 and Aug. 13 priced from $24.85 to $30.80 per share.

The investors beneficially own 613,686 shares, or 4.84%, of Exactech's outstanding stock, according to a schedule 13D filing with the Securities and Exchange Commission.

Based in Gainesville, Fla., Exactech develops orthopedic implant devices, related surgical instruments and biologic materials.

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