Butler National Corp director buys $2,600 in company stock

Published 02/10/2024, 15:48
BUKS
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In a recent transaction filed with the Securities and Exchange Commission, Michael Anthony Loh, a director at Butler National Corp (OTC:BUKS), has increased his stake in the company through the purchase of additional shares. On October 1, 2024, Mr. Loh acquired 2,000 shares of common stock at a price of $1.30 per share, amounting to a total investment of $2,600.

This purchase by a key insider is often viewed by investors as a sign of confidence in the company's future prospects. Following this transaction, Mr. Loh now directly owns a total of 91,850 shares in Butler National Corp, which is known for its services in the miscellaneous amusement and recreation sector.

Investors and market watchers routinely monitor such transactions as they can provide insight into the sentiment of company insiders regarding the firm's financial health and future performance. The details of these transactions are made publicly available through mandatory filings with the SEC, ensuring transparency in the market.

Butler National Corp, headquartered in New Century, Kansas, operates in the services industry, particularly within the amusement and recreation segment. The company's stock trades on the OTC market under the ticker symbol BUKS. It is noteworthy that insider transactions such as Mr. Loh's recent purchase can often bring additional scrutiny and interest from the investment community.

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BUKS

0. Trading at a low earnings multiple

BUKS

1. High return over the last year

BUKS

2. Liquid assets exceed short term obligations

BUKS

3. Operates with a moderate level of debt

BUKS

4. Strong return over the last three months

BUKS

5. Profitable over the last twelve months

BUKS

6. Large price uptick over the last six months

BUKS

7. High return over the last decade

BUKS

8. Strong return over the last five years

BUKS

9. Does not pay a dividend to shareholders

InvestingPro Data:

Market Cap (Adjusted) -: 88.71M USD

BUKS

P/E Ratio -: 6.72

BUKS

P/E Ratio (Adjusted) LTM2025.Q1 -: 8.81

BUKS

PEG Ratio LTM2025.Q1 -: 0.03

BUKS

Price / Book LTM2025.Q1 -: 1.58

BUKS

Revenue LTM2025.Q1 -: 81.02M USD

BUKS

Revenue Growth LTM2025.Q1 -: 5.13 %

BUKS

Revenue Growth (Quarterly) FY2025.Q1 -: 15.38 %

BUKS

Gross Profit LTM2025.Q1 -: 36.45M USD

BUKS

Gross Profit Margin LTM2025.Q1 -: 44.99 %

BUKS

Operating Income, Adjusted LTM2025.Q1 -: 15.64M USD

BUKS

Operating Income Margin LTM2025.Q1 -: 19.3 %

BUKS

EBIT LTM2025.Q1 -: 15.64M USD

BUKS

EBITDA LTM2025.Q1 -: 21.88M USD

BUKS

EBITDA Growth LTM2025.Q1 -: 56.47 %

BUKS

Basic EPS (Cont. Ops) LTM2025.Q1 -: 0.2 USD

BUKS

Diluted EPS (Cont. Ops) LTM2025.Q1 -: 0.2 USD

BUKS

Return on Assets LTM2025.Q1 -: 12.78 %

BUKS

1 Week Price Total Return Y2024.D276 -: -2.27 %

BUKS

1 Month Price Total Return Y2024.D276 -: 8.4 %

BUKS

3 Month Price Total Return Y2024.D276 -: 52.66 %

BUKS

6 Month Price Total Return Y2024.D276 -: 67.53 %

BUKS

YTD Price Total Return Y2024.D276 -: 76.71 %

BUKS

1 Year Price Total Return Y2024.D276 -: 75.99 %

BUKS

Price % of 52 Week High -: 92.91 %

BUKS

Price, Previous Close -: 1.29 USD

BUKS

Average Daily Volume (3m) Y2024.D276 -: 0.06M USD

BUKS

Next Earnings Date -: 2024-12-13

BUKS

InvestingPro Fair Value -: 1.45 USD

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Article to enrich:

In a recent transaction filed with the Securities and Exchange Commission, Michael Anthony Loh, a director at Butler National Corp (OTC:BUKS), has increased his stake in the company through the purchase of additional shares. On October 1, 2024, Mr. Loh acquired 2,000 shares of common stock at a price of $1.30 per share, amounting to a total investment of $2,600.

This purchase by a key insider is often viewed by investors as a sign of confidence in the company's future prospects. Following this transaction, Mr. Loh now directly owns a total of 91,850 shares in Butler National Corp, which is known for its services in the miscellaneous amusement and recreation sector.

Investors and market watchers routinely monitor such transactions as they can provide insight into the sentiment of company insiders regarding the firm's financial health and future performance. The details of these transactions are made publicly available through mandatory filings with the SEC, ensuring transparency in the market.

Butler National Corp, headquartered in New Century, Kansas, operates in the services industry, particularly within the amusement and recreation segment. The company's stock trades on the OTC market under the ticker symbol BUKS. It is noteworthy that insider transactions such as Mr. Loh's recent purchase can often bring additional scrutiny and interest from the investment community.

In other recent news, Butler National Corporation has seen changes in its board of directors. The company recently announced the appointment of retired Lieutenant General Michael Loh to its Board of Directors, following the voluntary departure of Aric Peters. Lt. Gen. Loh brings with him over 40 years of service in the U.S. Air Force, including a stint as Director of the U.S. Air National Guard where he managed a $14 billion budget.

Christopher Reedy, President and CEO of Butler National, and Aric Peters, VP and Director of Sales, expressed their enthusiasm for Lt. Gen. Loh's appointment, citing his extensive experience and potential for expanding sales opportunities. These recent developments underscore Butler National's commitment to strengthening its board and driving growth, particularly in the aviation sector.

It is important to note that these are recent developments and represent the company's ongoing efforts to enhance its leadership team. As always, investors are encouraged to keep an eye on such changes in board composition as they can often signal strategic shifts within the company.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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