David Henry Hoffmann Purchases 13,700 Shares of Lee Enterprises (NYSE:LEE) Stock

Lee Enterprises, Incorporated (NYSE:LEEGet Free Report) Director David Henry Hoffmann bought 13,700 shares of Lee Enterprises stock in a transaction on Tuesday, May 26th. The shares were acquired at an average price of $9.99 per share, for a total transaction of $136,863.00. Following the completion of the acquisition, the director owned 11,364,849 shares of the company’s stock, valued at approximately $113,534,841.51. This represents a 0.12% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

David Henry Hoffmann also recently made the following trade(s):

  • On Friday, May 22nd, David Henry Hoffmann acquired 10,600 shares of Lee Enterprises stock. The stock was bought at an average cost of $9.56 per share, for a total transaction of $101,336.00.
  • On Wednesday, May 20th, David Henry Hoffmann acquired 10,600 shares of Lee Enterprises stock. The stock was bought at an average cost of $9.79 per share, for a total transaction of $103,774.00.
  • On Monday, May 18th, David Henry Hoffmann acquired 10,600 shares of Lee Enterprises stock. The stock was bought at an average cost of $8.93 per share, for a total transaction of $94,658.00.
  • On Thursday, May 14th, David Henry Hoffmann acquired 8,100 shares of Lee Enterprises stock. The stock was bought at an average cost of $7.78 per share, for a total transaction of $63,018.00.
  • On Wednesday, May 13th, David Henry Hoffmann acquired 7,400 shares of Lee Enterprises stock. The stock was bought at an average cost of $7.99 per share, for a total transaction of $59,126.00.
  • On Tuesday, May 12th, David Henry Hoffmann purchased 8,100 shares of Lee Enterprises stock. The stock was purchased at an average price of $7.82 per share, for a total transaction of $63,342.00.
  • On Friday, March 13th, David Henry Hoffmann purchased 27,800 shares of Lee Enterprises stock. The stock was purchased at an average price of $9.35 per share, for a total transaction of $259,930.00.
  • On Wednesday, March 11th, David Henry Hoffmann purchased 27,800 shares of Lee Enterprises stock. The stock was purchased at an average price of $9.33 per share, for a total transaction of $259,374.00.
  • On Wednesday, March 4th, David Henry Hoffmann purchased 19,000 shares of Lee Enterprises stock. The stock was purchased at an average price of $9.16 per share, for a total transaction of $174,040.00.
  • On Monday, March 2nd, David Henry Hoffmann purchased 19,000 shares of Lee Enterprises stock. The stock was purchased at an average price of $8.85 per share, for a total transaction of $168,150.00.

Lee Enterprises Stock Performance

Shares of Lee Enterprises stock opened at $11.76 on Friday. The firm has a market cap of $261.42 million, a price-to-earnings ratio of -1.62 and a beta of 0.20. The stock’s 50-day moving average is $8.59 and its 200-day moving average is $6.67. Lee Enterprises, Incorporated has a one year low of $3.34 and a one year high of $11.77. The company has a debt-to-equity ratio of 69.34, a current ratio of 0.78 and a quick ratio of 0.72.

Hedge Funds Weigh In On Lee Enterprises

Several hedge funds have recently made changes to their positions in LEE. Gamco Investors INC. ET AL grew its stake in shares of Lee Enterprises by 23.8% during the 4th quarter. Gamco Investors INC. ET AL now owns 601,454 shares of the company’s stock worth $2,881,000 after acquiring an additional 115,779 shares in the last quarter. Private Advisor Group LLC bought a new stake in Lee Enterprises during the first quarter worth about $430,000. Royal Bank of Canada raised its holdings in Lee Enterprises by 15,715.8% during the first quarter. Royal Bank of Canada now owns 29,101 shares of the company’s stock worth $302,000 after acquiring an additional 28,917 shares in the last quarter. DRW Securities LLC bought a new stake in Lee Enterprises during the fourth quarter worth about $99,000. Finally, Gabelli Funds LLC raised its holdings in Lee Enterprises by 9.5% during the fourth quarter. Gabelli Funds LLC now owns 226,800 shares of the company’s stock worth $1,086,000 after acquiring an additional 19,700 shares in the last quarter. 39.20% of the stock is owned by institutional investors.

About Lee Enterprises

(Get Free Report)

Lee Enterprises, Inc is a publicly traded media company based in Davenport, Iowa, with a heritage dating back to 1890 when Alfred W. Lee acquired the Davenport Times-Democrat. Over the decades, the company has grown through acquisitions and organic expansion to become one of the largest regional news publishers in the United States. Lee Enterprises’ shares trade on the New York Stock Exchange under the ticker symbol LEE.

The company’s principal activities center on the production and distribution of local journalism across print and digital channels.

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Insider Buying and Selling by Quarter for Lee Enterprises (NYSE:LEE)

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