Mink Brook Asset Management LLC Makes New Investment in Duos Technologies Group, Inc. $DUOT

Mink Brook Asset Management LLC purchased a new stake in Duos Technologies Group, Inc. (NASDAQ:DUOT) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 782,079 shares of the company’s stock, valued at approximately $5,756,000. Duos Technologies Group comprises approximately 3.9% of Mink Brook Asset Management LLC’s holdings, making the stock its 8th largest position. Mink Brook Asset Management LLC owned about 3.86% of Duos Technologies Group as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Zuckerman Investment Group LLC acquired a new position in shares of Duos Technologies Group in the third quarter worth approximately $132,000. AMH Equity Ltd acquired a new stake in Duos Technologies Group during the 3rd quarter valued at approximately $258,000. Two Sigma Investments LP bought a new position in Duos Technologies Group during the 3rd quarter worth approximately $277,000. Cannell & Spears LLC bought a new position in Duos Technologies Group during the 3rd quarter worth approximately $302,000. Finally, Cruiser Capital Advisors LLC acquired a new position in shares of Duos Technologies Group in the 3rd quarter worth approximately $532,000. 42.61% of the stock is currently owned by institutional investors.

Duos Technologies Group Stock Performance

Shares of DUOT stock opened at $8.07 on Tuesday. Duos Technologies Group, Inc. has a fifty-two week low of $3.84 and a fifty-two week high of $12.17. The stock has a 50 day simple moving average of $9.25 and a two-hundred day simple moving average of $9.01. The company has a market cap of $168.50 million, a P/E ratio of -8.49 and a beta of 1.02.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Ascendiant Capital Markets increased their price objective on shares of Duos Technologies Group from $11.50 to $14.00 and gave the stock a “buy” rating in a research report on Tuesday, December 30th. Weiss Ratings restated a “sell (d-)” rating on shares of Duos Technologies Group in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $14.00.

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.