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Director Joseph Patrick Daly of Butler National Corp (NASDAQ:BUKS), a $105 million market cap company trading at $1.56, reported purchasing shares of common stock on July 10, 2025. The company has demonstrated strong performance with an 84% return over the past year. According to InvestingPro, Butler National maintains great financial health with a low P/E ratio of 7.9. The purchases, executed with a transaction code "P", totaled $20,837. Daly acquired 2,611 shares at $1.55, 10,000 shares at $1.53, and 1,000 shares at $1.49.
On July 9, 2025, Daly also acquired 8,503 shares of Butler National, with a transaction code "A", for a total value of $12,499 at a price of $1.47 per share.
Following these transactions, Daly directly owns 4,390,000 shares of Butler National. Daly also indirectly owns 4,330,000 shares through EssigPR, Inc.
In other recent news, Butler National Corporation has appointed Adam Sefchick as its new Chief Financial Officer. Sefchick, a Certified Public Accountant, brings extensive experience in financial management and SEC reporting to the company. Previously serving as Chief Accounting Officer at Jack Cooper, he managed financial reporting, SEC filings, and complex financial transactions. Sefchick’s expertise is expected to enhance Butler National’s operational efficiencies and financial structure. Chris Reedy, CEO of Butler National, expressed confidence in Sefchick’s ability to contribute to the company’s growth initiatives. Sefchick’s role will be crucial in developing information systems to streamline production and reduce overhead costs. His appointment is contingent upon a successful background check by the Kansas Racing and Gaming Commission.
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