Lee Enterprises (LEE)

• Market cap: $93.8M
• 1 day: 1.07%
• 5 days: -3.07%
• 1 month: -5.84%
• 3 months: 73.74%
• 6 months: 25.52%
• Year to date: 87.97%
• 1 year: 88.43%
• 5 years: 24.18%
• 10 years: -58.83%
• Sector: Materials
• Industry: Newspapers

About: Lee Enterprises Inc is a local news publication company in the United States. It is a digital-first subscription business providing local markets with valuable, high-quality, trusted, intensely local news, information, advertising, and marketing services. The product portfolio of the company includes digital subscription platforms, daily, weekly, and monthly newspapers, and niche products, all delivering original local news and information as well as national and international news. The products offer digital and print editions, and content and advertising are available in real-time through the websites and mobile apps.

Employees: 3,420

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1.39% more ownership

Funds ownership: 35.82% [Q2] → 37.21% (+1.39%) [Q3]

11% less funds holding

Funds holding: 37 [Q2] → 33 (-4) [Q3]

18% less capital invested

Capital invested by funds: $24.4M [Q2] → $20.1M (-$4.37M) [Q3]

50% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 10

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6