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Joseph Patrick Daly, a director and significant shareholder of Butler National Corp (OTC:BUKS), recently increased his stake in the company. According to a recent SEC filing, Daly purchased 2,000 shares of Butler National Corp's common stock at a price of $1.72 per share on January 7, 2025. The total value of this transaction amounted to $3,440. The purchase price was near the stock's current trading level, with Butler National showing impressive momentum, having delivered a 130% return over the past year. InvestingPro data reveals the company maintains a perfect Piotroski Score of 9, indicating strong financial health. Following this purchase, Daly now holds 4,250,000 shares indirectly through EssigPR, Inc., and 4,110,000 shares directly. With Butler National's market capitalization at $116 million and the stock trading at an attractive P/E ratio of 10.25, InvestingPro subscribers can access 10+ additional investment insights about this emerging player.
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