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Gamco-led investors up stake in Gerber Scientific to 9.31%
By Lisa Kerner
Charlotte, N.C., Jan. 26 - Gerber Scientific Inc. shareholders led by Gabelli Funds LLC and Gamco Asset Management Inc. purchased a net 163,600 shares of the company's stock through a series of buy and sell transactions between Nov. 26 and Jan. 23.
The shares were priced from $2.06 to $5.3827 per share, according to a schedule 13D/A filing with the Securities and Exchange Commission.
The reporting persons beneficially own 2,245,663 shares, or 9.31%, of Gerber's outstanding stock.
Gerber Scientific is a South Windsor, Conn., supplier of automated manufacturing systems for sign making and specialty graphics, apparel and flexible goods, and optical lens processing.
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