Butler National Director Joseph Patrick Daly acquires $11,180 worth of stock via Investing.com
Joseph Patrick Daly, director and significant shareholder of Butler National Corp (OTC:BUKS), increased his stake in the company. According to a recent filing with the SEC, Daly acquired 6,500 shares of Butler National common stock on January 8, 2025 at a price of $1.72 per share. The total value of this transaction is $11,180. The purchase comes as Butler National, currently valued at $116 million, is showing strong momentum with a 118% return over the past year. InvestingPro the analysis shows that the shares are currently trading above their fair value.
After this acquisition, Daly’s direct ownership in Butler National is 4,116,500 shares. Additionally, Daly has an indirect stake of 4,250,000 shares through EssigPR, Inc. The move reflects Daly’s continued confidence in Butler National, a company that operates in the entertainment and recreation services sector. The company maintains a perfect Piotroski score of 9, s InvestingPro data revealing 10+ additional growth indicators available to subscribers, including strong financial health metrics and attractive multiples.
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