Lee Enterprises (NYSE:LEE) Director David Henry Hoffmann Buys 10,600 Shares

Lee Enterprises, Incorporated (NYSE:LEEGet Free Report) Director David Henry Hoffmann bought 10,600 shares of the stock in a transaction dated Friday, May 22nd. The shares were acquired at an average price of $9.56 per share, for a total transaction of $101,336.00. Following the completion of the transaction, the director owned 11,351,149 shares of the company’s stock, valued at approximately $108,516,984.44. The trade was a 0.09% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

  • On Tuesday, May 26th, David Henry Hoffmann bought 13,700 shares of Lee Enterprises stock. The shares were acquired at an average price of $9.99 per share, for a total transaction of $136,863.00.
  • On Wednesday, May 20th, David Henry Hoffmann bought 10,600 shares of Lee Enterprises stock. The shares were acquired at an average price of $9.79 per share, for a total transaction of $103,774.00.
  • On Monday, May 18th, David Henry Hoffmann bought 10,600 shares of Lee Enterprises stock. The shares were acquired at an average price of $8.93 per share, for a total transaction of $94,658.00.
  • On Thursday, May 14th, David Henry Hoffmann bought 8,100 shares of Lee Enterprises stock. The shares were acquired at an average price 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 purchased at an average price of $7.99 per share, for a total transaction of $59,126.00.
  • On Tuesday, May 12th, David Henry Hoffmann acquired 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 acquired 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 acquired 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 acquired 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 acquired 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

NYSE:LEE opened at $9.91 on Thursday. The firm’s fifty day moving average price is $8.54 and its 200 day moving average price is $6.62. Lee Enterprises, Incorporated has a 1-year low of $3.34 and a 1-year high of $10.33. The company has a debt-to-equity ratio of 69.34, a current ratio of 0.78 and a quick ratio of 0.72. The firm has a market cap of $220.30 million, a price-to-earnings ratio of -1.36 and a beta of 0.20.

Hedge Funds Weigh In On Lee Enterprises

Hedge funds and other institutional investors have recently bought and sold shares of the company. Murphy Pohlad Asset Management LLC purchased a new position in Lee Enterprises in the 3rd quarter valued at $66,000. Teton Advisors LLC grew its position in Lee Enterprises by 13.3% in the 4th quarter. Teton Advisors LLC now owns 17,000 shares of the company’s stock valued at $81,000 after buying an additional 2,000 shares during the last quarter. Jane Street Group LLC purchased a new position in Lee Enterprises in the 2nd quarter valued at $86,000. DRW Securities LLC purchased a new position in Lee Enterprises in the 4th quarter valued at $99,000. Finally, Royal Bank of Canada grew its position in Lee Enterprises by 15,715.8% in the 1st quarter. Royal Bank of Canada now owns 29,101 shares of the company’s stock valued at $302,000 after buying an additional 28,917 shares during the last quarter. 39.20% of the stock is currently owned by hedge funds and other 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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