Cambium Learning Group, Inc. (ABCD) CEO John F. Campbell Sells 15,000 Shares of Stock

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.

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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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