Lee Enterprises, Incorporated (NYSE:LEE - Get Free Report) Director David Henry Hoffmann bought 6,925 shares of the business's stock in a transaction dated Monday, June 8th. The shares were acquired at an average cost of $10.86 per share, for a total transaction of $75,205.50. Following the transaction, the director directly 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 acquisition was disclosed in a document filed 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 purchased 18,200 shares of Lee Enterprises stock. The stock was acquired at an average cost of $11.08 per share, with a total value of $201,656.00.
- On Tuesday, May 26th, David Henry Hoffmann purchased 13,700 shares of Lee Enterprises stock. The stock was acquired at an average cost of $9.99 per share, with a total value of $136,863.00.
- On Friday, May 22nd, David Henry Hoffmann purchased 10,600 shares of Lee Enterprises stock. The stock was bought at an average price of $9.56 per share, for a total transaction of $101,336.00.
- On Wednesday, May 20th, David Henry Hoffmann acquired 10,600 shares of Lee Enterprises stock. The shares were bought at an average cost of $9.79 per share, for a total transaction of $103,774.00.
- On Monday, May 18th, David Henry Hoffmann acquired 10,600 shares of Lee Enterprises stock. The shares were 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 cost of $7.82 per share, for a total transaction of $63,342.00.
- On Friday, March 13th, David Henry Hoffmann purchased 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 purchased 27,800 shares of Lee Enterprises stock. The stock was bought at an average cost of $9.33 per share, with a total value of $259,374.00.
Lee Enterprises Stock Performance
NYSE LEE opened at $10.68 on Tuesday. The company has a debt-to-equity ratio of 69.34, a current ratio of 0.78 and a quick ratio of 0.72. Lee Enterprises, Incorporated has a 1 year low of $3.34 and a 1 year high of $11.88. The company has a market capitalization of $237.42 million, a PE ratio of -1.47 and a beta of 0.31. The company has a fifty day moving average of $8.92 and a two-hundred day moving average of $6.98.
Institutional Trading of Lee Enterprises
A number of large investors have recently made changes to their positions in the company. Gamco Investors INC. ET AL grew its stake in Lee Enterprises by 23.8% during the 4th quarter. Gamco Investors INC. ET AL now owns 601,454 shares of the company's stock worth $2,881,000 after buying an additional 115,779 shares during the last quarter. Private Advisor Group LLC purchased a new stake in Lee Enterprises in the first quarter valued at approximately $430,000. Royal Bank of Canada lifted its stake in Lee Enterprises by 15,715.8% in the first quarter. Royal Bank of Canada now owns 29,101 shares of the company's stock valued at $302,000 after buying an additional 28,917 shares during the last quarter. DRW Securities LLC acquired a new stake in shares of Lee Enterprises in the fourth quarter valued at approximately $99,000. Finally, Gabelli Funds LLC boosted its holdings 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 acquiring an additional 19,700 shares during the period. 39.20% of the stock is owned by institutional investors and hedge funds.
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
