Dynamic Technology Lab Buys 17,850 Shares in Federal Signal Corporation

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Dynamic Technology Lab Private Ltd purchased a new stake of 17,850 shares in Federal Signal Corporation (NYSE:FSS) during the third quarter, according to a regulatory filing. The stake is valued at approximately $2.12 million. Several other hedge funds have also recently bought and sold shares of the industrial conglomerate.

Why it matters

The purchase of a new stake by Dynamic Technology Lab in Federal Signal Corporation indicates institutional investor interest in the company. Federal Signal is a diversified industrial firm that designs, manufactures, and markets a range of products and services for municipal, commercial, and industrial customers worldwide.

The details

Dynamic Technology Lab purchased 17,850 shares of Federal Signal Corporation, a conglomerate that operates in the environmental management and safety and security solutions industries. The stake is valued at around $2.12 million. Other hedge funds have also been active in trading Federal Signal shares recently.

• Dynamic Technology Lab purchased the 17,850 shares during the third quarter.