LEE LEE ENTERPRISES, Inc Insider Trading

Director David Henry Hoffmann bought 36,400 LEE shares at $10.74 avg (2 txns); stock +29.5% in 30d but company unprofitable.

David Henry Hoffmann, a Director at Lee Enterprises, purchased 36,400 shares through 2 separate transactions on 2026-06-02 and 2026-06-03 for a combined $390,936.00 at a blended average price of $10.74. The acquisition occurs at a critical juncture: the stock trades -10.2% from its 52-week high but has surged +29.5% in the prior 30 days and +18.3% over 90 days. However, the company's fundamentals present a significant headwind—Lee Enterprises is unprofitable (full-year net income was negative) with quarterly net income of $-2,148,000.00, annual revenue decline of -8.0%, and a market cap of $237,193,417.12. Hoffmann's prior 5 trades at LEE show mixed timing, with 3 of 5 well-timed at the 90-day mark but the most recent two buys (2026-05-20 and 2026-05-21) delivering negative returns; his cross-ticker track record across 20 prior buys shows a 90-day win rate of 90.00%, suggesting general competence, but offers no direct signal about whether this specific entry into a deteriorating business will repeat that pattern.

Director David Henry Hoffmann purchases 45,600 shares across 3 transactions for $507,074.00 at LEE Enterprises

David Henry Hoffmann, a Director, executed 3 separate open-market purchases totaling 45,600 shares for $507,074.00 between May 28 and June 12, with a blended average price of $11.12. His post-transaction holdings reached 11,424,149 shares, representing a net increase of 45,600 shares. The current stock price of $10.71 is -9.8% from the 52-week high of $11.88, yet the stock has gained +28.7% over the past 30 days and +19.8% over 90 days. At the ticker-specific level, Hoffmann's prior 5 trades at LEE show 3 of 5 prior buys were well-timed at the 90-day mark, establishing a pattern of timing execution at this holding. However, LEE's fundamentals remain concerning: the company reported net income of $-2.1M in its most recent quarter, annual revenue declined -8.0% year-over-year, and it was unprofitable over its most recent full fiscal year, creating a disconnect between the insider's accumulation activity and the company's operational performance.

Director Hoffmann buys 38,000 LEE shares over 3 days ($375.9K) as stock rises 18.8% in 30 days from $3.34–$10.33 range.

David Henry Hoffmann, a director of Lee Enterprises, made 3 separate purchases totaling 38,000 shares for $375,884.00 between May 22–27, 2026, at prices ranging from $9.56 to $10.05 (blended average $9.89). The purchases occurred during a period of strong upward momentum: the stock has gained +18.8% over the past 30 days and +14.2% over 90 days, currently trading at $9.91, near its 52-week high of $10.33. Despite this context, Lee Enterprises remains fundamentally challenged—the company reported negative net income of $-2.1M in the latest quarter, contracted revenue -8.0% year-over-year, and operates with a $220.3M market cap. Hoffmann's same-ticker history at LEE shows mixed timing results: 3 of his 5 prior buys at this ticker eventually posted positive 90-day returns, but his two most recent LEE purchases (May 20–21) have already turned negative, suggesting the current rally may not sustain at current price levels. The significance of this filing rests on the volume and frequency of purchases during a strong rally in an unprofitable company, warranting closer monitoring of whether insider accumulation precedes a reversal or reflects confidence in turnaround prospects not yet visible in quarterly results.

Director David Henry Hoffmann buys 31,800 LEE shares across 3 days (avg $9.56) totaling $304,114; stock down -6.4% from 52-week high but up +8.2% in 90 days.

Director David Henry Hoffmann executed 3 purchases totaling 31,800 shares for $304,114.00 over three consecutive trading days (May 19-21, 2026) at prices ranging from $8.94 to $9.96, with a blended average price of $9.56. His stake in LEE increased by 0.3% to 11,340,549 shares post-transaction. However, his track record at this ticker is concerning: across 5 prior buys at LEE, all five trades posted negative returns at the 90-day mark, with declines ranging from -13.0% to -16.8%, and none of his prior LEE purchases were well-timed. His cross-ticker track record is similarly weak, with an average 90-day return of -9.8% across 20 prior buys and a 20.00% win rate. Lee Enterprises itself is fundamentally challenged—the company posted negative net income of $-2,148,000.00 in the latest quarter, annual revenue declined -8.0%, and the company was unprofitable over its most recent full fiscal year. The current stock price of $9.33 sits -6.4% below the 52-week high, and while the stock has gained +8.2% over 90 days, it remains within a historically depressed range ($3.34–$9.97).

Director Hoffmann buys 26,800 shares at LEE across 3 trades (May 14-18) for $228,227.00; prior 5 buys at this ticker underperformed.

Director Hoffmann David Henry made 3 separate purchases totaling 26,800 shares for $228,227.00 between May 14–18, 2026, at prices ranging from $7.78 to $8.93. His prior 5 trades at LEE (all buys in early March) produced negative 90-day returns, with the timing pattern showing no well-timed buys at the 90-day mark across that period. The company posted a net loss of $-2.1M in its most recent quarter and annual revenue declined -8.0% year-over-year, placing context around the fundamental backdrop at time of purchase. Current price of $8.74 sits -12.3% from the 52-week high of $9.97, though the stock has recovered +5.3% over the past 30 days and +23.4% over 90 days.

Director Hoffmann purchases 15.5K shares for $122.5K at LEE; 20-trade win rate 20.00%, avg 90d return -9.8%

Director David Henry Hoffmann acquired 15,500 shares totaling $122,468.00 in two purchases, bringing post-transaction holdings to 11,281,949 shares. However, his historical track record reveals a concerning pattern: across 20 prior buys, his average 90-day return has been -9.8% with a win rate of only 20.00%, suggesting his purchase decisions have not generated positive alpha. The company's fundamentals are also weak—Lee Enterprises is unprofitable with net income of $-2,148,000.00 in the latest quarter, annual revenue declining -8.0%, and the stock is down -21.3% from its 52-week high of $9.97. The director's repeat buying despite negative historical returns and deteriorating company performance may indicate conviction, but the data offers little evidence that his transactions have preceded price appreciation.