Themes Management Co LLC purchased a new stake in Duos Technologies Group, Inc. (NASDAQ:DUOT – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 41,994 shares of the company’s stock, valued at approximately $472,000. Themes Management Co LLC owned approximately 0.21% of Duos Technologies Group at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in DUOT. Mink Brook Asset Management LLC purchased a new stake in shares of Duos Technologies Group in the third quarter valued at approximately $5,756,000. Northern Right Capital Management L.P. purchased a new stake in shares of Duos Technologies Group in the third quarter valued at approximately $5,723,000. Shay Capital LLC grew its position in shares of Duos Technologies Group by 2,646.1% in the third quarter. Shay Capital LLC now owns 411,910 shares of the company’s stock valued at $3,032,000 after purchasing an additional 396,910 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Duos Technologies Group by 80.4% in the third quarter. Vanguard Group Inc. now owns 639,797 shares of the company’s stock valued at $4,709,000 after purchasing an additional 285,235 shares in the last quarter. Finally, Private Advisor Group LLC grew its position in shares of Duos Technologies Group by 1,339.2% in the third quarter. Private Advisor Group LLC now owns 207,249 shares of the company’s stock valued at $1,525,000 after purchasing an additional 192,849 shares in the last quarter. 42.61% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on DUOT. Weiss Ratings restated a “sell (d-)” rating on shares of Duos Technologies Group in a research report on Monday, April 20th. Ascendiant Capital Markets upped their price target on Duos Technologies Group from $14.00 to $17.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Wall Street Zen lowered Duos Technologies Group from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Zacks Research lowered Duos Technologies Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Buy rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $17.00.
Duos Technologies Group Stock Performance
Shares of Duos Technologies Group stock opened at $12.30 on Tuesday. The firm has a market capitalization of $360.64 million, a price-to-earnings ratio of -18.64 and a beta of 1.06. Duos Technologies Group, Inc. has a fifty-two week low of $5.78 and a fifty-two week high of $12.40. The stock has a 50 day moving average of $8.14 and a 200 day moving average of $9.04.
Duos Technologies Group (NASDAQ:DUOT – Get Free Report) last issued its quarterly earnings data 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 business had revenue of $2.72 million during the quarter, compared to analysts’ expectations of $9.60 million. Duos Technologies Group had a negative return on equity of 21.46% and a negative net margin of 45.36%. Analysts forecast that Duos Technologies Group, Inc. will post 0.04 EPS for the current year.
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.
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