Lee Enterprises (NYSE:LEE) Director Purchases $75,205.50 in Stock

Lee Enterprises, Incorporated (NYSE:LEE) Director David Henry Hoffmann bought 6,925 shares of the stock in a transaction dated Monday, June 8th. The stock was bought at an average price of $10.86 per share, with a total value of $75,205.50. Following the acquisition, the director owned 11,517,242 shares in the company, valued at approximately $125,077,248.12. This represents a 0.06% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Thursday, June 4th, David Henry Hoffmann bought 18,200 shares of Lee Enterprises stock. The stock was bought at an average price of $11.08 per share, with a total value of $201,656.00.
• On Tuesday, May 26th, David Henry Hoffmann bought 13,700 shares of Lee Enterprises stock. The stock was bought at an average price of $9.99 per share, with a total value of $136,863.00.
• On Friday, May 22nd, David Henry Hoffmann bought 10,600 shares of Lee Enterprises stock. The stock was bought at an average price of $9.56 per share, with a total value of $101,336.00.
• On Wednesday, May 20th, David Henry Hoffmann bought 10,600 shares of Lee Enterprises stock. The stock was bought at an average price of $9.79 per share, with a total value of $103,774.00.
• On Monday, May 18th, David Henry Hoffmann bought 10,600 shares of Lee Enterprises stock. The stock was bought at an average price of $8.93 per share, with a total value of $94,658.00.
• On Thursday, May 14th, David Henry Hoffmann bought 8,100 shares of Lee Enterprises stock. The stock was 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 bought 7,400 shares of Lee Enterprises stock. The stock was 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 bought 8,100 shares of Lee Enterprises stock. The stock was bought at an average price of $7.82 per share, with a total value of $63,342.00.
• On Friday, March 13th, David Henry Hoffmann bought 27,800 shares of Lee Enterprises stock. The stock was 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 purchased at an average cost of $9.33 per share, with a total value of $259,374.00.

Lee Enterprises Stock Performance

Shares of LEE stock traded up $0.32 during trading hours on Monday, hitting $10.68. The stock had a trading volume of 47,239 shares, compared to its average volume of 67,625. The firm has a market capitalization of $237.42 million, a PE ratio of -1.47 and a beta of 0.31. Lee Enterprises, Incorporated has a twelve month low of $3.34 and a twelve month high of $11.88. The stock’s 50 day moving average is $8.88 and its 200 day moving average is $6.93. The company has a debt-to-equity ratio of 69.34, a current ratio of 0.78 and a quick ratio of 0.72.

Institutional Trading of Lee Enterprises

Several institutional investors and hedge funds have recently bought and sold shares of LEE. Teton Advisors LLC raised its position 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 last quarter. Jane Street Group LLC purchased a new stake in Lee Enterprises in the 2nd quarter valued at $86,000. DRW Securities LLC purchased a new stake in Lee Enterprises in the 4th quarter valued at $99,000. Royal Bank of Canada raised its position in Lee Enterprises by 15,715.8% in the 1st 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 during the last quarter. Finally, Private Advisor Group LLC purchased a new stake in Lee Enterprises in the 1st quarter valued at $430,000. Hedge funds and other institutional investors own 39.20% of the company’s stock.

About Lee Enterprises

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.