Lee Enterprises (NYSE:LEE) Director Buys $63,342.00 in Stock

Lee Enterprises, Incorporated (NYSE:LEEGet Free Report) Director David Henry Hoffmann bought 8,100 shares of the stock in a transaction on Tuesday, May 12th. The shares were bought at an average price of $7.82 per share, for a total transaction of $63,342.00. Following the purchase, the director directly owned 11,274,549 shares in the company, valued at approximately $88,166,973.18. This trade represents a 0.07% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

  • On Wednesday, May 13th, David Henry Hoffmann bought 7,400 shares of Lee Enterprises stock. The shares were bought at an average price of $7.99 per share, for a total transaction of $59,126.00.
  • On Friday, March 13th, David Henry Hoffmann bought 27,800 shares of Lee Enterprises stock. The shares were bought at an average price of $9.35 per share, for a total transaction of $259,930.00.
  • On Wednesday, March 11th, David Henry Hoffmann bought 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.
  • On Wednesday, March 4th, David Henry Hoffmann bought 19,000 shares of Lee Enterprises stock. The shares were bought at an average price of $9.16 per share, for a total transaction of $174,040.00.
  • On Monday, March 2nd, David Henry Hoffmann bought 19,000 shares of Lee Enterprises stock. The shares were bought at an average price 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 bought 13,710 shares of Lee Enterprises stock. The shares were bought at an average price of $8.64 per share, for a total transaction of $118,454.40.
  • On Monday, February 23rd, David Henry Hoffmann bought 15,200 shares of Lee Enterprises stock. The shares were bought at an average price of $8.91 per share, for a total transaction of $135,432.00.
  • On Thursday, February 19th, David Henry Hoffmann bought 10,600 shares of Lee Enterprises stock. The shares were bought at an average price 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 shares were bought at an average price of $7.10 per share, for a total transaction of $75,260.00.

Lee Enterprises Stock Performance

LEE traded up $0.03 during midday trading on Thursday, hitting $7.85. 55,313 shares of the company traded hands, compared to its average volume of 65,365. 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 firm has a market capitalization of $174.58 million, a PE ratio of -1.08 and a beta of 0.20. The company’s 50-day moving average is $8.52 and its 200 day moving average is $6.28. Lee Enterprises, Incorporated has a 52 week low of $3.34 and a 52 week high of $9.97.

Hedge Funds Weigh In On Lee Enterprises

Several institutional investors have recently made changes to their positions in the business. Private Advisor Group LLC bought a new position in shares of Lee Enterprises in the 1st quarter worth approximately $430,000. DRW Securities LLC bought a new position in shares of Lee Enterprises in the 4th quarter worth approximately $99,000. Gamco Investors INC. ET AL lifted its stake in shares of Lee Enterprises by 23.8% in the 4th quarter. Gamco Investors INC. ET AL now owns 601,454 shares of the company’s stock worth $2,881,000 after purchasing an additional 115,779 shares during the period. Teton Advisors LLC lifted 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 purchasing an additional 2,000 shares during the period. Finally, Gabelli Funds LLC lifted its stake in shares of Lee Enterprises by 9.5% in the 4th quarter. Gabelli Funds LLC now owns 226,800 shares of the company’s stock worth $1,086,000 after purchasing an additional 19,700 shares during the period. Institutional investors 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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