Cambium Learning Group, Inc. (NASDAQ:ABCD) CEO John F. Campbell sold 15,000 shares of Cambium Learning Group stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $5.84, for a total transaction of $87,600.00. Following the completion of the transaction, the chief executive officer now directly owns 17,704 shares of the company’s stock, valued at $103,391.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Cambium Learning Group, Inc. (ABCD) traded up 2.17% on Tuesday, hitting $6.13. 167,397 shares of the stock traded hands. The firm has a market cap of $283.71 million, a price-to-earnings ratio of 19.16 and a beta of -0.60. The stock has a 50-day moving average of $5.07 and a 200-day moving average of $4.98. Cambium Learning Group, Inc. has a 12-month low of $4.25 and a 12-month high of $6.35.

Cambium Learning Group (NASDAQ:ABCD) last posted its earnings results on Thursday, August 10th. The company reported $0.12 earnings per share for the quarter. Cambium Learning Group had a net margin of 9.65% and a negative return on equity of 25.36%. The business had revenue of $40.36 million for the quarter. Analysts forecast that Cambium Learning Group, Inc. will post ($0.23) earnings per share for the current year.

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Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Cambium Learning Group by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 524,042 shares of the company’s stock worth $2,657,000 after purchasing an additional 3,832 shares during the last quarter. State Street Corp grew its holdings in shares of Cambium Learning Group by 9.7% in the 2nd quarter. State Street Corp now owns 185,750 shares of the company’s stock worth $942,000 after purchasing an additional 16,461 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Cambium Learning Group by 23.2% in the 2nd quarter. Northern Trust Corp now owns 162,160 shares of the company’s stock worth $822,000 after purchasing an additional 30,588 shares during the last quarter. Acadian Asset Management LLC grew its holdings in shares of Cambium Learning Group by 25.3% in the 2nd quarter. Acadian Asset Management LLC now owns 126,609 shares of the company’s stock worth $644,000 after purchasing an additional 25,573 shares during the last quarter. Finally, Balter Liquid Alternatives LLC bought a new stake in shares of Cambium Learning Group in the 2nd quarter worth about $400,000. 12.52% of the stock is currently owned by institutional investors and hedge funds.

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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