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

Lee Enterprises, Incorporated (NYSE:LEEGet Free Report) Director David Henry Hoffmann bought 19,000 shares of the stock in a transaction dated Monday, March 2nd. The shares were purchased at an average cost of $8.85 per share, for a total transaction of $168,150.00. Following the completion of the transaction, the director directly owned 11,051,449 shares of the company’s stock, valued at $97,805,323.65. This trade represents a 0.17% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Thursday, February 26th, David Henry Hoffmann purchased 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 purchased 13,710 shares of Lee Enterprises stock. The shares were acquired at an average price 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 acquired at an average price 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 acquired at an average cost of $7.81 per share, for a total transaction of $82,786.00.
  • On Tuesday, February 17th, David Henry Hoffmann acquired 10,600 shares of Lee Enterprises stock. The shares were acquired 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 acquired at an average cost of $7.17 per share, with a total value of $43,729.83.

Lee Enterprises Trading Up 2.6%

LEE opened at $9.17 on Thursday. Lee Enterprises, Incorporated has a fifty-two week low of $3.34 and a fifty-two week high of $11.21. The firm has a market capitalization of $203.94 million, a PE ratio of -1.26 and a beta of 0.37. 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 company’s 50-day moving average is $6.03 and its 200 day moving average is $4.98.

Institutional Investors Weigh In On Lee Enterprises

Institutional investors have recently bought and sold shares of the stock. Murphy Pohlad Asset Management LLC bought a new position in Lee Enterprises during the 3rd quarter valued at $66,000. Teton Advisors LLC grew its stake in shares of Lee Enterprises by 13.3% in the 4th quarter. Teton Advisors LLC now owns 17,000 shares of the company’s stock worth $81,000 after acquiring an additional 2,000 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Lee Enterprises in the second quarter valued at about $86,000. DRW Securities LLC bought a new position in shares of Lee Enterprises during the fourth quarter valued at about $99,000. Finally, Royal Bank of Canada lifted its position in shares of Lee Enterprises by 15,715.8% during the first quarter. Royal Bank of Canada now owns 29,101 shares of the company’s stock valued at $302,000 after purchasing an additional 28,917 shares in the last quarter. Institutional investors own 39.20% of the company’s stock.

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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