{
  "id": 14818753,
  "title": "Zeff Capital sells $236k of Butler National stock in October",
  "url": "https://urgent.news/2026/10/15/zeff-capital-sells-236k-of-butler-national-stock-in-october",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T23:30:57.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/zeff-capital-sells-236k-of-butler-national-stock-in-october-93CH-4952840"
  },
  "original_language": "en",
  "account": "Zeff Capital, a major shareholder and director of Butler National Corp, divested a substantial portion of its holdings in the company's stock during October 2026. The company, listed on the NASDAQ under the ticker symbol BUKS, saw Zeff Capital sell 50,103 shares of its common stock across three days, with prices fluctuating between $4.65 and $4.81 per share. The sales were conducted at a weighted average price of $4.70 per share, amounting to a total value of approximately $236,474. Following this significant transaction, Zeff Capital's direct ownership of Butler National Corp's common stock decreased to 7,291,234 shares. This move comes as BUKS shares approach their 52-week high of $5.09, trading at $4.78 at the time of the sale, despite a remarkable 93% increase over the past year. The stock is currently assessed as slightly overvalued, according to InvestingPro analysis. Zeff Holding Company, LLC, as the general partner of Zeff Capital, and Daniel Zeff, the manager of Zeff Holding, may be deemed indirect beneficial owners of these shares, although both entities disclaim beneficial ownership except for their financial interest. Butler National Corp has recently reported impressive growth in its first-quarter fiscal 2027 earnings and revenue, with earnings per share reaching $0.08 and revenue of $30.8 million, marking a 53% increase year-over-year. The company's positive performance is attributed to strong demand for its aerospace products. No future forecasts were provided, but the recent data suggests a positive trajectory for Butler National's business operations.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}