Gabelli Funds LLC Increases Stock Holdings in ORBCOMM Inc (NASDAQ:ORBC)

Gabelli Funds LLC raised its stake in ORBCOMM Inc (NASDAQ:ORBC) by 7.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,000 shares of the technology company’s stock after purchasing an additional 4,000 shares during the period. Gabelli Funds LLC owned 0.08% of ORBCOMM worth $286,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Gamco Investors INC. ET AL grew its position in shares of ORBCOMM by 8.3% during the third quarter. Gamco Investors INC. ET AL now owns 35,336 shares of the technology company’s stock worth $168,000 after acquiring an additional 2,700 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in shares of ORBCOMM during the third quarter worth approximately $147,000. California Public Employees Retirement System grew its position in shares of ORBCOMM by 37.2% during the third quarter. California Public Employees Retirement System now owns 100,718 shares of the technology company’s stock worth $479,000 after acquiring an additional 27,318 shares during the last quarter. Kovack Advisors Inc. purchased a new position in shares of ORBCOMM during the third quarter worth approximately $131,000. Finally, Matisse Capital grew its position in shares of ORBCOMM by 20.0% during the third quarter. Matisse Capital now owns 55,275 shares of the technol....

read more from mitchellmessenger.com