David Henry Hoffmann, a director and ten percent owner of Lee Enterprises (NASDAQ:LEE), recently increased his stake through open-market purchases.
Between May 14 and May 18, 2026, Hoffmann acquired 26,800 shares of common stock, totaling $228,227. Prices ranged from $7.78 to $8.93 per share.
On May 14: 8,100 shares at $7.78. May 15: 8,100 shares at $8.71. May 18: 10,600 shares at $8.93.
LEE stock has surged 98% over the past six months and gained over 10% in the past week. Currently trading at $8.77 with a market cap of $190 million. According to Bond.az data, the company holds a "FAIR" financial health rating.
Following these transactions, Hoffmann directly holds 11,308,749 shares and indirectly holds 618,900 shares through a trust.
Lee Enterprises reported better-than-expected Q2 fiscal 2026 results. EPS was -$0.16 (versus expected -$0.94), and revenue was $121.96 million.
