David Henry Hoffmann Purchases 6,925 Shares of Lee Enterprises (NYSE:LEE) Stock

Lee Enterprises, Incorporated (NYSE:LEEGet Free Report) Director David Henry Hoffmann purchased 6,925 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were bought at an average cost of $10.86 per share, for a total transaction of $75,205.50. Following the completion of the purchase, the director directly owned 11,517,242 shares of the company’s stock, valued at $125,077,248.12. The trade was a 0.06% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Thursday, June 4th, David Henry Hoffmann purchased 18,200 shares of Lee Enterprises stock. The shares were bought at an average cost of $11.08 per share, for a total transaction of $201,656.00.
  • On Tuesday, May 26th, David Henry Hoffmann purchased 13,700 shares of Lee Enterprises stock. The shares were bought at an average cost of $9.99 per share, for a total transaction of $136,863.00.
  • On Friday, May 22nd, David Henry Hoffmann acquired 10,600 shares of Lee Enterprises stock. The stock was acquired 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 acquired 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 acquired 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 acquired at an average cost of $7.78 per share, for a total transaction of $63,018.00.
  • On Wednesday, May 13th, David Henry Hoffmann purchased 7,400 shares of Lee Enterprises stock. The shares were purchased 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 shares were purchased at an average cost 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 shares were purchased at an average cost 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 shares were bought at an average price of $9.33 per share, for a total transaction of $259,374.00.

Lee Enterprises Trading Down 2.7%

Shares of NYSE:LEE opened at $10.39 on Wednesday. Lee Enterprises, Incorporated has a 12 month low of $3.34 and a 12 month high of $11.88. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 69.34. The company’s fifty day simple moving average is $8.96 and its 200 day simple moving average is $7.02. The firm has a market cap of $230.97 million, a price-to-earnings ratio of -1.43 and a beta of 0.30.

Institutional Investors Weigh In On Lee Enterprises

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LEE. Royal Bank of Canada increased its stake 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. Gabelli Funds LLC increased its stake in Lee Enterprises by 2.2% in the 2nd quarter. Gabelli Funds LLC now owns 202,482 shares of the company’s stock valued at $1,296,000 after buying an additional 4,389 shares during the last quarter. Jane Street Group LLC acquired a new stake in Lee Enterprises in the 2nd quarter valued at $86,000. Teton Advisors LLC acquired a new stake in Lee Enterprises in the 3rd quarter valued at $82,000. Finally, Gamco Investors INC. ET AL increased its stake in Lee Enterprises by 23.8% in the 4th quarter. Gamco Investors INC. ET AL now owns 601,454 shares of the company’s stock valued at $2,881,000 after buying an additional 115,779 shares during the last quarter. 39.20% of the stock is currently owned by institutional investors and hedge funds.

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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