Joseph Patrick Daly, a director and ten percent owner at Butler National Corp (OTC:BUKS), recently acquired 15,000 shares of the company’s common stock. The purchase, made on December 23, 2024, was executed at a price of $1.85 per share, amounting to a total transaction value of $27,750. The timing appears favorable, as the stock has delivered an impressive 150% return over the past year, with shares currently trading at an attractive P/E ratio of 10.2.
Following this acquisition, Daly’s direct ownership stands at 4,050,000 shares. Additionally, he holds 4,150,000 shares indirectly through EssigPR, Inc. This move reflects Daly’s continued investment in Butler National, a company involved in miscellaneous amusement and recreation services. The company, valued at $121 million, maintains a “GOOD” financial health rating and a perfect Piotroski Score of 9, according to InvestingPro, which offers 10 additional investment insights for this stock.
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