David Henry Hoffmann Buys 8,100 Shares of Lee Enterprises (NYSE:LEE) Stock

Lee Enterprises, Incorporated (NYSE:LEEGet Free Report) Director David Henry Hoffmann acquired 8,100 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was acquired at an average price of $7.82 per share, with a total value of $63,342.00. Following the completion of the transaction, the director directly owned 11,274,549 shares of the company’s stock, valued at $88,166,973.18. This trade represents a 0.07% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link.

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

  • On Wednesday, May 13th, David Henry Hoffmann acquired 7,400 shares of Lee Enterprises stock. The stock was acquired at an average price of $7.99 per share, with a total value of $59,126.00.
  • On Friday, March 13th, David Henry Hoffmann acquired 27,800 shares of Lee Enterprises stock. The stock was acquired at an average price of $9.35 per share, with a total value of $259,930.00.
  • On Wednesday, March 11th, David Henry Hoffmann purchased 27,800 shares of Lee Enterprises stock. The shares were purchased at an average price of $9.33 per share, with a total value of $259,374.00.
  • On Wednesday, March 4th, David Henry Hoffmann purchased 19,000 shares of Lee Enterprises stock. The shares were purchased at an average price of $9.16 per share, with a total value of $174,040.00.
  • On Monday, March 2nd, David Henry Hoffmann purchased 19,000 shares of Lee Enterprises stock. The shares were purchased at an average price of $8.85 per share, with a total value of $168,150.00.
  • On Thursday, February 26th, David Henry Hoffmann purchased 15,200 shares of Lee Enterprises stock. The shares were purchased at an average price of $9.03 per share, with a total value of $137,256.00.
  • On Wednesday, February 25th, David Henry Hoffmann purchased 13,710 shares of Lee Enterprises stock. The shares were purchased at an average price of $8.64 per share, with a total value of $118,454.40.
  • On Monday, February 23rd, David Henry Hoffmann purchased 15,200 shares of Lee Enterprises stock. The shares were purchased at an average price of $8.91 per share, with a total value of $135,432.00.
  • On Thursday, February 19th, David Henry Hoffmann purchased 10,600 shares of Lee Enterprises stock. The shares were purchased at an average price of $7.81 per share, with a total value of $82,786.00.
  • On Tuesday, February 17th, David Henry Hoffmann purchased 10,600 shares of Lee Enterprises stock. The shares were purchased at an average price of $7.10 per share, with a total value of $75,260.00.

Lee Enterprises Trading Up 11.0%

LEE opened at $8.71 on Friday. Lee Enterprises, Incorporated has a 52 week low of $3.34 and a 52 week high of $9.97. The business has a fifty day simple moving average of $8.49 and a 200-day simple moving average of $6.32. The firm has a market cap of $193.71 million, a P/E ratio of -1.20 and a beta of 0.20. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 69.34.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LEE. Royal Bank of Canada boosted its holdings in Lee Enterprises by 15,715.8% in the first quarter. Royal Bank of Canada now owns 29,101 shares of the company’s stock valued at $302,000 after purchasing an additional 28,917 shares during the period. Gabelli Funds LLC boosted its holdings in Lee Enterprises by 2.2% in the second quarter. Gabelli Funds LLC now owns 202,482 shares of the company’s stock valued at $1,296,000 after purchasing an additional 4,389 shares during the period. Jane Street Group LLC purchased a new position in Lee Enterprises in the second quarter valued at $86,000. Murphy Pohlad Asset Management LLC purchased a new position in Lee Enterprises in the third quarter valued at $66,000. Finally, Teton Advisors LLC purchased a new position in Lee Enterprises in the third quarter valued at $82,000. 39.20% of the stock is currently owned by hedge funds and other institutional investors.

Lee Enterprises Company Profile

(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.

See Also

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

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