106,481 Shares in Duos Technologies Group, Inc. $DUOT Purchased by 683 Capital Management LLC

683 Capital Management LLC purchased a new position in shares of Duos Technologies Group, Inc. (NASDAQ:DUOT) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 106,481 shares of the company’s stock, valued at approximately $1,198,000.

Several other large investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in Duos Technologies Group by 18.2% during the fourth quarter. Royal Bank of Canada now owns 965,367 shares of the company’s stock worth $10,860,000 after purchasing an additional 148,379 shares in the last quarter. Mink Brook Asset Management LLC acquired a new position in Duos Technologies Group during the third quarter worth about $5,756,000. Northern Right Capital Management L.P. acquired a new position in Duos Technologies Group during the third quarter worth about $5,723,000. Vanguard Group Inc. grew its position in Duos Technologies Group by 80.4% during the third quarter. Vanguard Group Inc. now owns 639,797 shares of the company’s stock worth $4,709,000 after buying an additional 285,235 shares during the period. Finally, Shay Capital LLC grew its position in Duos Technologies Group by 2,646.1% during the third quarter. Shay Capital LLC now owns 411,910 shares of the company’s stock worth $3,032,000 after buying an additional 396,910 shares during the period. 42.61% of the stock is owned by hedge funds and other institutional investors.

Duos Technologies Group Stock Performance

Shares of DUOT opened at $12.20 on Thursday. The company has a market capitalization of $357.70 million, a price-to-earnings ratio of -18.48 and a beta of 1.21. The company’s 50 day simple moving average is $10.05 and its 200 day simple moving average is $9.46. Duos Technologies Group, Inc. has a 1 year low of $5.78 and a 1 year high of $15.28.

Duos Technologies Group (NASDAQ:DUOT) last announced its quarterly earnings data on Friday, May 15th. The company reported ($0.15) earnings per share (EPS) 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 analysts’ expectations of $9.60 million. Duos Technologies Group had a negative net margin of 45.36% and a negative return on equity of 21.46%. Equities analysts expect that Duos Technologies Group, Inc. will post 0.04 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on DUOT. Zacks Research upgraded shares of Duos Technologies Group from a “strong sell” rating to a “hold” rating in a research report on Monday. Wall Street Zen lowered shares of Duos Technologies Group from a “hold” rating to a “sell” rating in a research report on Saturday, May 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of Duos Technologies Group in a research report on Monday, April 20th. Finally, Ascendiant Capital Markets upped their target price on shares of Duos Technologies Group from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Duos Technologies Group has an average rating of “Hold” and an average 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.