GatePass Capital LLC Invests $596,000 in Duos Technologies Group, Inc. $DUOT

GatePass Capital LLC purchased a new stake in shares of Duos Technologies Group, Inc. (NASDAQ:DUOT) in the 4th quarter, Holdings Channel reports. The fund purchased 53,000 shares of the company’s stock, valued at approximately $596,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of DUOT. Tucker Asset Management LLC purchased a new position in Duos Technologies Group during the 4th quarter worth $42,000. Huntleigh Advisors Inc. lifted its holdings in shares of Duos Technologies Group by 5.9% in the 4th quarter. Huntleigh Advisors Inc. now owns 101,770 shares of the company’s stock worth $1,145,000 after buying an additional 5,703 shares during the period. Worth Venture Partners LLC purchased a new stake in shares of Duos Technologies Group in the 3rd quarter worth $138,000. Susquehanna International Group LLP bought a new position in shares of Duos Technologies Group during the 3rd quarter worth $235,000. Finally, Northern Right Capital Management L.P. purchased a new position in shares of Duos Technologies Group during the third quarter valued at $5,723,000. Institutional investors own 42.61% of the company’s stock.

Wall Street Analyst Weigh In

DUOT has been the subject of several recent research reports. Wall Street Zen downgraded Duos Technologies Group from a “hold” rating to a “sell” rating in a report on Saturday. Ascendiant Capital Markets raised their target price on shares of Duos Technologies Group from $14.00 to $17.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Zacks Research lowered shares of Duos Technologies Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 22nd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Duos Technologies Group in a research report on Monday, April 20th. One research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $17.00.

Duos Technologies Group Price Performance

DUOT opened at $12.30 on Tuesday. The firm has a market capitalization of $360.64 million, a PE ratio of -18.64 and a beta of 1.06. The business’s 50-day moving average is $8.14 and its two-hundred day moving average is $9.04. Duos Technologies Group, Inc. has a 1 year low of $5.78 and a 1 year high of $12.40.

Duos Technologies Group (NASDAQ:DUOT) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.12). Duos Technologies Group had a negative net margin of 45.36% and a negative return on equity of 21.46%. The firm had revenue of $2.72 million during the quarter, compared to the consensus estimate of $9.60 million. As a group, sell-side analysts expect 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.