Potomac Capital Management Inc. Takes Position in Duos Technologies Group, Inc. $DUOT

Potomac Capital Management Inc. bought a new stake in Duos Technologies Group, Inc. (NASDAQ:DUOT) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 274,235 shares of the company’s stock, valued at approximately $3,085,000. Duos Technologies Group comprises approximately 2.5% of Potomac Capital Management Inc.’s portfolio, making the stock its 13th largest holding. Potomac Capital Management Inc. owned 1.34% of Duos Technologies Group at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Tucker Asset Management LLC bought a new position in shares of Duos Technologies Group in the fourth quarter valued at approximately $42,000. Zuckerman Investment Group LLC bought a new position in Duos Technologies Group in the 3rd quarter worth approximately $132,000. Worth Venture Partners LLC bought a new position in Duos Technologies Group in the 3rd quarter worth approximately $138,000. Susquehanna International Group LLP bought a new position in Duos Technologies Group in the 3rd quarter worth approximately $235,000. Finally, Two Sigma Investments LP bought a new position in Duos Technologies Group in the 3rd quarter worth approximately $277,000. Institutional investors own 42.61% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on DUOT shares. Ascendiant Capital Markets boosted their price objective on shares of Duos Technologies Group from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Zacks Research cut shares of Duos Technologies Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 22nd. Weiss Ratings restated a “sell (d-)” rating on shares of Duos Technologies Group in a research report on Monday, April 20th. Finally, Wall Street Zen cut shares of Duos Technologies Group from a “hold” rating to a “sell” rating in a research report on Saturday, May 23rd. One analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $17.00.

Duos Technologies Group Price Performance

DUOT stock opened at $11.35 on Wednesday. The company has a 50 day moving average price of $9.44 and a 200 day moving average price of $9.36. The stock has a market capitalization of $332.78 million, a PE ratio of -17.20 and a beta of 1.21. Duos Technologies Group, Inc. has a fifty-two week low of $5.78 and a fifty-two week high of $15.28.

Duos Technologies Group (NASDAQ:DUOT) last issued its earnings results on Friday, May 15th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.12). The business had revenue of $2.72 million for the quarter, compared to the consensus estimate of $9.60 million. Duos Technologies Group had a negative net margin of 45.36% and a negative return on equity of 21.46%. As a group, equities analysts expect that Duos Technologies Group, Inc. will post 0.04 earnings per share for the current fiscal year.

About Duos Technologies Group

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.