Gabelli, Gamco reduce stake in Sensient

By Lisa Kerner

Charlotte, N.C., Oct. 23 - Investors led by Gabelli Funds, LLC and Gamco Asset Management, Inc. sold 590,490 shares of Sensient Technologies Corp.'s common stock between Oct. 5 and Oct. 19 priced from $28.90 to $31.70 per share.

The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.

Gabelli, Gamco and the reporting persons beneficially own 4,470,125 shares, or 9.49%, of the Milwaukee manufacturer and marketer of colors, flavors and fragrances.

The investors reported a 10.75% stake in the company on Oct. 5.

© 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.