Private Advisor Group LLC Purchases 257,242 Shares of Duos Technologies Group, Inc. $DUOT

Private Advisor Group LLC grew its position in Duos Technologies Group, Inc. (NASDAQ:DUOT) by 152.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 426,181 shares of the company’s stock after buying an additional 257,242 shares during the period. Private Advisor Group LLC’s holdings in Duos Technologies Group were worth $2,924,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DUOT. Northern Right Capital Management L.P. bought a new stake in shares of Duos Technologies Group during the third quarter valued at approximately $5,723,000. Mink Brook Asset Management LLC bought a new position in Duos Technologies Group in the 3rd quarter valued at approximately $5,756,000. Themes Management Co LLC purchased a new stake in Duos Technologies Group during the 4th quarter valued at $472,000. GatePass Capital LLC purchased a new stake in Duos Technologies Group during the 4th quarter valued at $596,000. Finally, Potomac Capital Management Inc. bought a new stake in shares of Duos Technologies Group in the 4th quarter worth $3,085,000. Institutional investors own 42.61% of the company’s stock.

Duos Technologies Group Trading Up 2.5%

NASDAQ:DUOT opened at $9.76 on Friday. The company has a market cap of $286.16 million, a PE ratio of -14.79 and a beta of 1.23. The company has a 50 day simple moving average of $11.06 and a two-hundred day simple moving average of $9.61. Duos Technologies Group, Inc. has a 12 month low of $5.78 and a 12 month high of $15.28.

Duos Technologies Group (NASDAQ:DUOT) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.12). The firm had revenue of $2.72 million for the quarter, compared to the consensus estimate of $9.60 million. Duos Technologies Group had a negative net margin of 45.36% and a negative return on equity of 21.46%. Research analysts forecast that Duos Technologies Group, Inc. will post 0.04 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on DUOT shares. Wall Street Zen upgraded Duos Technologies Group from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Duos Technologies Group in a research report on Monday, April 20th. Zacks Research upgraded Duos Technologies Group from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Finally, Ascendiant Capital Markets boosted their target price on Duos Technologies Group from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $22.00.

Duos Technologies Group 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.