Butler National (BUKS) 10% Owner LP Sells $164K of Stock

Zeff Capital, LP sold 34,800 shares of Butler National Corp (OTC: BUKS) on October 15, 2026, for a total value of $164,256. This sale comes a day after the firm had trimmed its stake by 5,000 shares on October 14, 2026.

Inside Zeff Capital's Trade

Zeff Capital's latest transaction involved selling 34,800 shares at a price of $4.72 each. This sale follows a previous reduction in its holdings, which suggests a strategic move to lower its investment in Butler National. In total, Zeff Capital's stake has decreased significantly over the past few weeks.

Other Institutional Activity in Butler National Corp

Mink Brook Asset Management LLC increased its holdings in Butler National by 65,994 shares, bringing its total to 1,421,111 shares valued at about $6,935,021. Wesbanco Bank Inc. also grew its position by 43,444 shares, now holding 86,887 shares worth approximately $424,008. These moves reflect a mix of confidence and caution among institutional investors in Butler National.

Butler National Corp Stock Up 1.0%

The stock recently traded around $4.82, which is above its 50-day moving average by 13.3% and its 200-day average by 22.8%. However, it remains about 5.3% below its 52-week high of $5.09. This positioning suggests that while the stock has shown some strength, it faces resistance near its previous highs.

Recent Earnings

Butler National Corp reported trailing twelve-month revenue of $108.6 million and an earnings per share (EPS) of $0.36. The company's next earnings report is scheduled for December 11, 2026. This upcoming report could provide insights into the firm's ongoing financial performance.

Insider Buying and Selling at Butler National Corp

On September 22, 2026, Director Daly Joseph Patrick purchased 6,303 shares at an average price of $4.05, totaling approximately $25,510. This buy occurred before Zeff Capital's recent sales. On October 14, Zeff Capital sold 5,000 shares at $4.80, worth about $24,000, and followed this with the larger sale of 34,800 shares at $4.72 on October 15.

About Butler National Corp

Butler National Corporation operates in the aerospace and defense industry, focusing on designing, manufacturing, and servicing aerostructures and aircraft components. The company is based in New Century, Kansas, and employs about 348 people. Its recent stock activity indicates a shift in investor sentiment as it navigates its business landscape.

Bottom Line

Investors should keep an eye on Butler National's upcoming earnings report on December 11, 2026, which could shed light on its financial health. With recent insider selling and institutional shifts, the stock's trajectory remains a point of interest in the market.