Cambium Learning Group, Inc. (NASDAQ:ABCD) CEO John F. Campbell sold 15,000 shares of Cambium Learning Group stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $5.71, for a total transaction of $85,650.00. Following the completion of the transaction, the chief executive officer now directly owns 17,704 shares of the company’s stock, valued at approximately $101,089.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Cambium Learning Group, Inc. (NASDAQ:ABCD) traded up $0.39 during trading on Thursday, reaching $5.99. 135,000 shares of the company’s stock were exchanged, compared to its average volume of 126,150. The firm has a market capitalization of $279.55, a P/E ratio of 16.19 and a beta of -0.72. The company has a current ratio of 0.51, a quick ratio of 0.49 and a debt-to-equity ratio of -1.39. Cambium Learning Group, Inc. has a 1 year low of $4.55 and a 1 year high of $7.30.
A number of institutional investors have recently added to or reduced their stakes in ABCD. American Century Companies Inc. acquired a new position in Cambium Learning Group in the third quarter worth $103,000. Cornerstone Capital Management Holdings LLC. boosted its holdings in Cambium Learning Group by 71.1% in the second quarter. Cornerstone Capital Management Holdings LLC. now owns 20,691 shares of the company’s stock worth $104,000 after purchasing an additional 8,600 shares during the period. Teachers Advisors LLC boosted its holdings in Cambium Learning Group by 18.2% in the second quarter. Teachers Advisors LLC now owns 22,811 shares of the company’s stock worth $116,000 after purchasing an additional 3,516 shares during the period. JPMorgan Chase & Co. acquired a new position in Cambium Learning Group in the third quarter worth $167,000. Finally, Cetera Investment Advisers acquired a new position in Cambium Learning Group in the second quarter worth $194,000. 13.52% of the stock is owned by hedge funds and other institutional investors.
About Cambium Learning Group
Cambium Learning Group, Inc is an educational solutions and services company. The Company’s product lines include Learning A-Z (www.learninga-z.com), ExploreLearning (www.explorelearning.com), Voyager Sopris Learning (www.voyagersopris.com) and Kurzweil Education (www.kurzweiledu.com). It operates through three segments: Learning A-Z, Voyager Sopris Learning and ExploreLearning.
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