Lee Enterprises, Incorporated (NYSE:LEE) is on recovery track with 37.14% gain from a 1-year low price of $1.75. The company added 4.35% to attain the price of $2.4 on 12/05/2017. Throughout the recent session, the prices were hovering between $2.25 and $2.4. These shares are 72.08% off its target price of $4.13 and the current market capitalization stands at $136.13M. The recent change has given its price a 3.63% lead over SMA 50 and -34.25% deficit over its 52-week high. The stock witnessed 4.35% gains, 17.07% gains and 26.32% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found LEE’s volatility during a week at 5.3% and during a month it has been found around 4.46%.Lee Enterprises, Incorporated (LEE) Top Holders
Institutional investors currently hold around $41 million or 39.4% in LEE stock. Look at its top three institutional owners. Franklin Resources Inc owns $11.1 million in Lee Enterprises, Incorporated, which represents roughly 8.15% of the company’s market cap and approximately 27.06% of the institutional ownership. Similar statistics are true for the second largest owner, State Farm Mutual Automobile Insurance Co, which owns 1,925,900 shares of the stock are valued at $4.43 million. The third largest holder is Vanguard Group Inc, which currently holds $4.23 million worth of this stock and that ownership represents nearly 3.11% of its market capitalization.Lee Enterprises, Incorporated 13F Filings
At the end of 09/30/2017 reporting period, 20 institutional holders increased their position in Lee Enterprises, Incorporated (NYSE:LEE) by some 1,319,902 shares, 31 decreased positions by 1,408,052 and 27 held positions by 15,290,650. That puts total institutional holdings at 18,018,604 shares, according to SEC filings. The stock grabbed 4 new institutional investments totaling 259,984 shares while 11 institutional investors sold out their entire positions totaling 514,203 shares.
Multiple company employees have indulged in significant insider trading. Lee Enterprises, Incorporated disclosed in a document filed with the US Securities and Exchange Commission (SEC) that VP Ad Sales Leadership & Pub. Gulledge Michael R has sold 14,663 shares of Lee Enterprises, Incorporated (LEE) in trading session dated Aug. 10, 2017. These shares are worth $29,326 and were traded at $2 each. The SEC filing shows that Gulledge Michael R performed a sale of 28,415 shares. The VP Ad Sales Leadership & Pub. disposed these shares by way of transaction on Feb. 09, 2017. The company’s shares were given away at $3.01 per share worth to an income of some $85,529 on account of Gulledge Michael R.
VP Ad Sales Leadership & Pub., Gulledge Michael R, sold 35,000 common shares of Lee Enterprises, Incorporated (LEE) in the open market. In a transaction dated Dec. 20, 2016, the shares were put up for sale at an average price of $2.96, raking in a sum of $103,600. After this sale, 79,381 common shares of LEE are directly owned by the insider, with total stake valued at $190,514.
In the transaction dated Dec. 13, 2016, the great number of shares disposed came courtesy the VP Ad Sales Leadership & Pub.; Gulledge Michael R disposed a total of 80,000 shares at an average price of $3.09, amounting to approximately $247,200. The insider now directly owns 79,381 shares worth $190,514.Lee Enterprises, Incorporated (LEE) Analyst Guide
Not many analysts have released their opinion on Lee Enterprises, Incorporated (NYSE:LEE), with 1 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1 average brokerage recommendation.