Lee Enterprises (NYSE:LEE) Director Buys $94,658.00 in Stock

Lee Enterprises, Incorporated (NYSE:LEEGet Free Report) Director David Henry Hoffmann purchased 10,600 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were bought at an average price of $8.93 per share, with a total value of $94,658.00. Following the purchase, the director owned 11,308,749 shares in the company, valued at $100,987,128.57. The trade was a 0.09% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

  • On Thursday, May 14th, David Henry Hoffmann purchased 8,100 shares of Lee Enterprises stock. The shares were bought at an average price of $7.78 per share, with a total value of $63,018.00.
  • On Wednesday, May 13th, David Henry Hoffmann purchased 7,400 shares of Lee Enterprises stock. The shares were bought at an average price of $7.99 per share, with a total value of $59,126.00.
  • On Tuesday, May 12th, David Henry Hoffmann acquired 8,100 shares of Lee Enterprises stock. The stock was acquired at an average cost of $7.82 per share, with a total value of $63,342.00.
  • On Friday, March 13th, David Henry Hoffmann acquired 27,800 shares of Lee Enterprises stock. The stock was acquired at an average cost 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 acquired at an average cost of $9.33 per share, with a total value of $259,374.00.
  • On Wednesday, March 4th, David Henry Hoffmann acquired 19,000 shares of Lee Enterprises stock. The stock was acquired at an average cost of $9.16 per share, with a total value of $174,040.00.
  • On Monday, March 2nd, David Henry Hoffmann acquired 19,000 shares of Lee Enterprises stock. The stock was acquired at an average cost of $8.85 per share, with a total value of $168,150.00.
  • On Thursday, February 26th, David Henry Hoffmann acquired 15,200 shares of Lee Enterprises stock. The stock was acquired at an average cost of $9.03 per share, with a total value of $137,256.00.
  • On Wednesday, February 25th, David Henry Hoffmann acquired 13,710 shares of Lee Enterprises stock. The stock was acquired 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 stock was acquired at an average cost of $8.91 per share, with a total value of $135,432.00.

Lee Enterprises Stock Performance

LEE traded down $0.08 on Monday, hitting $8.64. The company’s stock had a trading volume of 49,248 shares, compared to its average volume of 65,856. The company’s 50 day simple moving average is $8.49 and its 200-day simple moving average is $6.33. The firm has a market cap of $191.96 million, a P/E ratio of -1.19 and a beta of 0.20. Lee Enterprises, Incorporated has a 12 month low of $3.34 and a 12 month high of $9.97. 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

Several large investors have recently bought and sold shares of the company. Teton Advisors LLC boosted its holdings 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 purchasing an additional 2,000 shares during the period. Gabelli Funds LLC boosted its holdings 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 purchasing an additional 4,389 shares during the period. Murphy Pohlad Asset Management LLC bought a new position in Lee Enterprises in the 3rd quarter valued at $66,000. Jane Street Group LLC bought a new position in Lee Enterprises in the 2nd quarter valued at $86,000. Finally, DRW Securities LLC bought a new stake in shares of Lee Enterprises during the 4th quarter worth $99,000. 39.20% of the stock is owned by 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.

Further Reading

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

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