Mink Brook Asset Management LLC Takes Position in Duos Technologies Group, Inc. $DUOT

Mink Brook Asset Management LLC bought a new position in shares of Duos Technologies Group, Inc. (NASDAQ:DUOT) during the third quarter, Holdings Channel.com reports. The fund bought 782,079 shares of the company’s stock, valued at approximately $5,756,000. Duos Technologies Group accounts for 3.9% of Mink Brook Asset Management LLC’s investment portfolio, making the stock its 8th largest holding.

A number of other large investors also recently modified their holdings of DUOT. Shay Capital LLC grew its position in Duos Technologies Group by 2,646.1% in the 3rd 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 during the period. 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 worth $4,709,000 after buying an additional 285,235 shares during the last quarter. Private Advisor Group LLC lifted its stake 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 buying an additional 192,849 shares in the last quarter. Cantor Fitzgerald L. P. acquired a new position in shares of Duos Technologies Group during the third quarter valued at about $736,000. Finally, Citadel Advisors LLC bought a new stake in shares of Duos Technologies Group during the third quarter worth about $703,000. 42.61% of the stock is currently owned by institutional investors.

Duos Technologies Group Trading Up 2.5%

Shares of NASDAQ:DUOT opened at $8.07 on Tuesday. The stock has a market cap of $168.50 million, a PE ratio of -8.49 and a beta of 1.02. The stock’s fifty day simple moving average is $9.25 and its two-hundred day simple moving average is $9.01. Duos Technologies Group, Inc. has a 1-year low of $3.84 and a 1-year high of $12.17.

Analyst Ratings Changes

DUOT has been the topic of a number of analyst reports. Ascendiant Capital Markets upped their target price on shares of Duos Technologies Group from $11.50 to $14.00 and gave the stock a “buy” rating in a report on Tuesday, December 30th. Weiss Ratings reissued a “sell (d-)” rating on shares of Duos Technologies Group in a report on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $14.00.

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.