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

Posted by Jeff Wilder on Mar 3rd, 2026

Lee Enterprises, Incorporated (NYSE:LEE – Get Free Report) Director David Henry Hoffmann bought 19,000 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was purchased at an average price of $8.85 per share, for a total transaction of $168,150.00. Following the purchase, the director owned 11,051,449 shares of the company’s stock, valued at approximately $97,805,323.65. This represents a 0.17% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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 shares were purchased 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 purchased at an average price of $8.64 per share, with a total value of $118,454.40.
On Monday, February 23rd, David Henry Hoffmann bought 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 bought 10,600 shares of Lee Enterprises stock. The stock was acquired at an average cost of $7.81 per share, with a total value of $82,786.00.
On Tuesday, February 17th, David Henry Hoffmann purchased 10,600 shares of Lee Enterprises stock. The stock was 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 purchased 6,099 shares of Lee Enterprises stock. The shares were acquired at an average cost of $7.17 per share, for a total transaction of $43,729.83.

Lee Enterprises Stock Performance

Shares of Lee Enterprises stock traded down $0.40 during trading on Tuesday, hitting $9.00. 148,798 shares of the company’s stock traded hands, compared to its average volume of 66,237. Lee Enterprises, Incorporated has a 1 year low of $3.34 and a 1 year high of $11.21. The business has a 50-day simple moving average of $5.81 and a 200-day simple moving average of $4.92. The stock has a market capitalization of $200.16 million, a P/E ratio of -1.24 and a beta of 0.55. 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 Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LEE. Gamco Investors INC. ET AL grew its position in 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. Gabelli Funds LLC boosted 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 buying an additional 19,700 shares during the last quarter. Wittenberg Investment Management Inc. increased its position in Lee Enterprises by 20.1% during the second quarter. Wittenberg Investment Management Inc. now owns 85,043 shares of the company’s stock valued at $544,000 after acquiring an additional 14,262 shares during the last quarter. Royal Bank of Canada boosted its position 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 worth $302,000 after purchasing an additional 28,917 shares during the last quarter. Finally, DRW Securities LLC purchased a new position in Lee Enterprises in the fourth quarter worth about $99,000. 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.