PEAK6 LLC Buys Shares of 78,562 Duos Technologies Group, Inc. $DUOT

PEAK6 LLC purchased a new position in shares of Duos Technologies Group, Inc. (NASDAQ:DUOT) during the second quarter, Holdings Channel.com reports. The fund purchased 78,562 shares of the company’s stock, valued at approximately $943,000.

Several other hedge funds have also made changes to their positions in the business. Quantbot Technologies LP purchased a new position in shares of Duos Technologies Group in the second quarter valued at approximately $262,000. BlackRock Inc. purchased a new stake in Duos Technologies Group during the 2nd quarter worth approximately $19,892,000. Deutsche Bank AG acquired a new stake in Duos Technologies Group during the 2nd quarter worth approximately $315,000. Bank of New York Mellon Corp purchased a new position in Duos Technologies Group in the 2nd quarter valued at approximately $688,000. Finally, Heck Capital Advisors LLC purchased a new position in Duos Technologies Group in the 2nd quarter valued at approximately $164,000. Institutional investors and hedge funds own 42.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on DUOT. Weiss Ratings raised Duos Technologies Group from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Friday. Ascendiant Capital Markets lifted their target price on Duos Technologies Group from $17.00 to $22.00 and gave the company a “buy” rating in a report on Monday, June 15th. Zacks Research upgraded Duos Technologies Group from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Wall Street Zen cut Duos Technologies Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Finally, Cantor Fitzgerald upped their price target on Duos Technologies Group from $26.00 to $27.00 and gave the stock an “overweight” rating in a report on Tuesday, August 18th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $24.50.

Duos Technologies Group Price Performance

Shares of Duos Technologies Group stock opened at $10.32 on Monday. Duos Technologies Group, Inc. has a 52-week low of $5.98 and a 52-week high of $15.28. The company has a 50 day moving average of $9.83 and a 200 day moving average of $9.28. The company has a market capitalization of $302.61 million, a P/E ratio of 10.42 and a beta of 1.29.

Duos Technologies Group Company Profile

Duos Technologies Group, Inc provides advanced non-intrusive security and inspection solutions utilizing motion-based and artificial intelligence technologies. The company’s core offerings include intelligent video analytics, RFID checkpoint systems, and specialized screening devices designed to detect security threats and contraband across transportation, logistics and critical infrastructure environments. Duos integrates proprietary hardware with software to deliver automated inspection and monitoring tools that enhance safety and operational efficiency.

Among its primary products are automated gate-entry systems, railcar inspection portals and portable screening devices that use AI-driven image recognition and sensor fusion to identify objects such as unauthorized materials, pipeline anomalies or vehicle defects.