Mario Gabelli acquired 627k Ducommun shares worth $57.3M. That's 0.53% of their equity portfolio (40th largest holding). The investor owns 4.21% of the outstanding Ducommun stock. The first Ducommun trade was made in Q3 2007. Since then Mario Gabelli bought shares 27 more times and sold shares on eighteen occasions. The stake costed the investor $27.8M, netting the investor a gain of 106% so far.
When will Boeing (BA) stock be out of the woods? Gabelli Funds' Tony Bancroft discusses finding opportunities in aerospace and defense stocks.