PEAK6 LLC Takes Position in Duos Technologies Group, Inc. $DUOT

PEAK6 LLC acquired a new position in shares of Duos Technologies Group, Inc. (NASDAQ:DUOT) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 78,562 shares of the company’s stock, valued at approximately $943,000. PEAK6 LLC owned approximately 0.27% of Duos Technologies Group as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DUOT. Renaissance Technologies LLC grew its stake in shares of Duos Technologies Group by 197.1% in the 1st quarter. Renaissance Technologies LLC now owns 264,415 shares of the company’s stock valued at $1,814,000 after buying an additional 175,415 shares during the period. Royal Bank of Canada raised its position in shares of Duos Technologies Group by 37.8% during the 1st quarter. Royal Bank of Canada now owns 1,330,691 shares of the company’s stock valued at $9,129,000 after buying an additional 365,324 shares during the period. Regal Partners Ltd acquired a new position in Duos Technologies Group in the first quarter valued at approximately $3,016,000. Private Advisor Group LLC lifted its holdings in Duos Technologies Group by 152.3% in the first quarter. Private Advisor Group LLC now owns 426,181 shares of the company’s stock valued at $2,924,000 after acquiring an additional 257,242 shares during the last quarter. Finally, Potomac Capital Management Inc. purchased a new position in Duos Technologies Group in the fourth quarter worth approximately $3,085,000. Institutional investors and hedge funds own 42.61% of the company’s stock.

Duos Technologies Group Stock Performance

Duos Technologies Group stock opened at $10.32 on Monday. Duos Technologies Group, Inc. has a fifty-two week low of $5.98 and a fifty-two week high of $15.28. The firm has a 50 day moving average price of $9.83 and a 200 day moving average price of $9.28. The company has a market capitalization of $302.61 million, a PE ratio of 10.42 and a beta of 1.29.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Wall Street Zen cut Duos Technologies Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Weiss Ratings raised Duos Technologies Group from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Friday. Zacks Research upgraded Duos Technologies Group from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Ascendiant Capital Markets raised their price objective 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. Finally, Cantor Fitzgerald boosted their price objective on shares of Duos Technologies Group from $26.00 to $27.00 and gave the company an “overweight” rating in a report on Tuesday, August 18th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Duos Technologies Group presently has an average rating of “Moderate Buy” and an average price target of $24.50.

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.