Butler National Corp director Joseph Daly buys $16,400 in shares

Joseph Patrick Daly, a director and 10% owner of Butler National Corp (OTC Markets: BUKS), made a significant investment in the company's common stock on September 21, 2026. The director acquired 4,000 shares at a price of $4.10 per share, increasing his total holdings to 4,540,500 shares directly and 4,360,000 shares indirectly through EssigPR Inc. The transaction valued at $16,400 came at a price slightly above the current trading price of $4.04 per share.

Butler National Corp has shown impressive growth, with earnings per share rising to $0.08 in the first quarter of fiscal 2027, up from $0.06 in the same period last year. Revenue surged to $30.8 million, marking a 53% increase from $20.1 million the previous year. This growth trend is largely attributed to the demand for aerospace products. The company appears undervalued, with a P/E ratio of 11.77 and an attractive PEG ratio of 0.15, according to InvestingPro analysis.

Investors are showing increased interest in Butler National Corp's performance, as evidenced by Mr. Daly's substantial recent purchase of shares. The company's financial performance highlights the potential for continued success in the aerospace sector.