David Henry Hoffmann Buys 19,000 Shares of Lee Enterprises (NYSE:LEE) Stock

Lee Enterprises, Incorporated (NYSE:LEEGet Free Report) Director David Henry Hoffmann purchased 19,000 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were acquired at an average price of $9.16 per share, for a total transaction of $174,040.00. Following the acquisition, the director directly owned 11,089,449 shares in the company, valued at $101,579,352.84. This represents a 0.17% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Monday, March 2nd, David Henry Hoffmann bought 19,000 shares of Lee Enterprises stock. The shares were acquired at an average cost of $8.85 per share, for a total transaction of $168,150.00.
  • On Thursday, February 26th, David Henry Hoffmann bought 15,200 shares of Lee Enterprises stock. The shares were bought at an average price 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 stock was bought at an average cost of $8.64 per share, with a total value of $118,454.40.
  • On Monday, February 23rd, David Henry Hoffmann acquired 15,200 shares of Lee Enterprises stock. The shares were bought at an average cost of $8.91 per share, for a total transaction of $135,432.00.
  • On Thursday, February 19th, David Henry Hoffmann acquired 10,600 shares of Lee Enterprises stock. The stock was bought at an average cost of $7.81 per share, for a total transaction of $82,786.00.
  • On Tuesday, February 17th, David Henry Hoffmann bought 10,600 shares of Lee Enterprises stock. The stock was bought at an average price of $7.10 per share, with a total value of $75,260.00.
  • On Friday, February 13th, David Henry Hoffmann bought 6,099 shares of Lee Enterprises stock. The shares were bought at an average cost of $7.17 per share, with a total value of $43,729.83.

Lee Enterprises Stock Performance

LEE stock traded up $0.32 during midday trading on Friday, hitting $9.34. 219,948 shares of the company traded hands, compared to its average volume of 72,953. Lee Enterprises, Incorporated has a twelve month low of $3.34 and a twelve month high of $11.21. The stock has a market capitalization of $207.72 million, a price-to-earnings ratio of -1.28 and a beta of 0.37. 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 business has a 50 day simple moving average of $6.14 and a 200-day simple moving average of $5.01.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. DRW Securities LLC bought a new stake in Lee Enterprises in the 4th quarter valued at $99,000. Gamco Investors INC. ET AL raised its position in shares of Lee Enterprises by 23.8% during the fourth 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. Teton Advisors LLC raised its position in shares of Lee Enterprises by 13.3% during the fourth 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. Gabelli Funds LLC lifted its stake in shares of Lee Enterprises by 9.5% in the fourth quarter. Gabelli Funds LLC now owns 226,800 shares of the company’s stock valued at $1,086,000 after buying an additional 19,700 shares during the period. Finally, Murphy Pohlad Asset Management LLC acquired a new stake in Lee Enterprises during the third quarter worth about $66,000. Institutional investors and hedge funds own 39.20% of the company’s stock.

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

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