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

Lee Enterprises, Incorporated (NYSE:LEEGet Free Report) Director David Henry Hoffmann bought 10,600 shares of Lee Enterprises stock in a transaction on Wednesday, May 20th. The stock was acquired at an average price of $9.79 per share, for a total transaction of $103,774.00. Following the transaction, the director directly owned 11,329,949 shares of the company’s stock, valued at approximately $110,920,200.71. This trade represents a 0.09% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Monday, May 18th, David Henry Hoffmann purchased 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 purchased 8,100 shares of Lee Enterprises stock. The shares were acquired at an average price of $7.78 per share, with a total value of $63,018.00.
  • On Wednesday, May 13th, David Henry Hoffmann acquired 7,400 shares of Lee Enterprises stock. The shares were acquired at an average cost of $7.99 per share, with a total value of $59,126.00.
  • On Tuesday, May 12th, David Henry Hoffmann bought 8,100 shares of Lee Enterprises stock. The stock was bought 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 bought at an average price of $9.35 per share, with a total value of $259,930.00.
  • On Wednesday, March 11th, David Henry Hoffmann acquired 27,800 shares of Lee Enterprises stock. The stock was bought at an average price of $9.33 per share, for a total transaction of $259,374.00.
  • On Wednesday, March 4th, David Henry Hoffmann bought 19,000 shares of Lee Enterprises stock. The stock was bought at an average price of $9.16 per share, with a total value of $174,040.00.
  • On Monday, March 2nd, David Henry Hoffmann bought 19,000 shares of Lee Enterprises stock. The stock was bought at an average price of $8.85 per share, with a total value of $168,150.00.
  • On Thursday, February 26th, David Henry Hoffmann bought 15,200 shares of Lee Enterprises stock. The stock was purchased at an average cost of $9.03 per share, for a total transaction 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, for a total transaction of $118,454.40.

Lee Enterprises Trading Down 1.5%

Shares of LEE traded down $0.14 during midday trading on Thursday, hitting $9.37. 69,967 shares of the stock were exchanged, compared to its average volume of 65,972. Lee Enterprises, Incorporated has a 52-week low of $3.34 and a 52-week high of $10.09. The company has a debt-to-equity ratio of 69.34, a quick ratio of 0.72 and a current ratio of 0.78. The stock has a fifty day simple moving average of $8.49 and a 200 day simple moving average of $6.43. The firm has a market cap of $208.23 million, a P/E ratio of -1.30 and a beta of 0.20.

Hedge Funds Weigh In On Lee Enterprises

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

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.

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