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Davenport Today
By the People, for the People
Lee Enterprises Director Purchases 10,600 Shares
David Henry Hoffmann increases stake in media company
Published on Feb. 24, 2026
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Lee Enterprises, Incorporated (NYSE:LEE) Director David Henry Hoffmann acquired 10,600 shares of the firm's stock in a transaction on Thursday, February 19th. The shares were purchased at an average cost of $7.81 per share, with a total value of $82,786.00. Following the acquisition, Hoffmann now owns 10,947,339 shares in the company, valued at $85,498,717.59.
Why it matters
This purchase represents a 0.10% increase in Hoffmann's position and demonstrates his continued confidence in Lee Enterprises' future prospects. As a director, Hoffmann's investment decisions can signal important information to the market about the company's outlook.
The details
Hoffmann's purchase of 10,600 shares brings his total ownership in Lee Enterprises to 10,947,339 shares, valued at $85,498,717.59. The shares were acquired at an average price of $7.81 per share. Lee Enterprises is a publicly traded media company based in Davenport, Iowa, with a heritage dating back to 1890.
- The share purchase transaction occurred on Thursday, February 19th, 2026.
The players
David Henry Hoffmann
A director of Lee Enterprises, Incorporated, a publicly traded media company based in Davenport, Iowa.
Lee Enterprises, Incorporated
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.
The takeaway
Hoffmann's purchase of additional Lee Enterprises shares signals his confidence in the company's future prospects and long-term growth potential. As a director, his investment decisions can provide valuable insights to investors about the company's outlook.
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