Evernest Financial Advisors LLC bought a new position in Duos Technologies Group, Inc. (NASDAQ:DUOT – Free Report) in the 3rd quarter, Holdings Channel.com reports. The fund bought 89,300 shares of the company’s stock, valued at approximately $657,000.
A number of other hedge funds and other institutional investors have also modified their holdings of DUOT. AMH Equity Ltd acquired a new stake in shares of Duos Technologies Group in the 3rd quarter valued at $258,000. Geode Capital Management LLC raised its holdings in Duos Technologies Group by 38.9% during the second quarter. Geode Capital Management LLC now owns 95,682 shares of the company’s stock valued at $684,000 after buying an additional 26,821 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Duos Technologies Group by 80.4% during the third quarter. Vanguard Group Inc. now owns 639,797 shares of the company’s stock valued at $4,709,000 after buying an additional 285,235 shares in the last quarter. Institutional investors own 42.61% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on DUOT shares. Ascendiant Capital Markets upped their price target on Duos Technologies Group from $11.50 to $14.00 and gave the stock a “buy” rating in a research note on Tuesday, December 30th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Duos Technologies Group in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $14.00.
Duos Technologies Group Stock Performance
Duos Technologies Group stock opened at $7.39 on Wednesday. Duos Technologies Group, Inc. has a 52 week low of $3.84 and a 52 week high of $12.17. The firm has a market capitalization of $154.30 million, a PE ratio of -7.78 and a beta of 1.02. The business’s 50-day simple moving average is $9.77 and its 200-day simple moving average is $8.93.
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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