David Henry Hoffmann, Director, 10% Owner at LEE ENTERPRISES, Inc (LEE), bought 83,400 shares at $9.33 ($781K) on 2026-03-11, disclosed to the SEC on 2026-03-13.
Director and 10% owner David Hoffmann purchased 27,800 shares at $9.33, marking the largest purchase of his career. This significant insider buying comes as the stock has rallied 132% over the last 90 days.
The stock is trading at $9.42, up 132.02% over the last 90 days and 38.53% over the last 30 days, though it remains 15.98% below its 52-week high of $11.21.
Catalysts include the upcoming Q2 2026 earnings call summary on May 7, 2026, and the company's announcement of a $50 million equity investment on December 30, 2025, which strengthened its balance sheet.
A specific risk is the company's recent history of missing revenue estimates, as seen in the Q3 2025 report where it delivered a -4.18% revenue miss. Additionally, the industry has seen negative net buyer flow over the last 90 days (-3.38%).
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $9.33 | 27,800 | $259K | 33.2% |
| 2 | $9.40 | 27,800 | $261K | 33.5% |
| 3 | $9.35 | 27,800 | $260K | 33.3% |
| Total | $9.36 avg | 83,400 | $781K | 100% |
| Filing → |
| LEE | BUY | 2026-06-03 | $391K | — | Filing → |
| LEE | BUY | 2026-06-01 | $507K | — | Filing → |
| LEE | BUY | 2026-05-27 | $376K | — | Filing → |