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Joseph Patrick Daly, a director and ten percent owner of Butler National Corp (OTC:BUKS), recently expanded his stake in the company by acquiring a significant amount of common stock. According to a recent SEC filing, Daly purchased a total of 76,500 shares over two days, January 13 and 14, 2025. These transactions were executed at prices ranging from $1.60 to $1.73 per share, amounting to a total investment of approximately $130,880. InvestingPro analysis indicates the stock is currently trading above its Fair Value, after delivering an impressive 114.69% return over the past year.
Daly's acquisitions were made in multiple transactions, with the largest single purchase being 15,000 shares at $1.69 per share. Following these transactions, Daly now holds 4,194,000 shares directly. Additionally, he has an indirect holding of 4,250,000 shares through EssigPR, Inc.
Butler National Corp, headquartered in New Century, Kansas, operates in the miscellaneous amusement and recreation services sector. The company is known for its involvement in various trade and services activities.
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