Cambium Learning Group, Inc. (ABCD) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in shares of Cambium Learning Group, Inc. (NASDAQ:ABCD) by 0.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 524,042 shares of the company’s stock after buying an additional 3,832 shares during the period. Vanguard Group Inc. owned approximately 1.13% of Cambium Learning Group worth $2,657,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of ABCD. Acadian Asset Management LLC lifted 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 in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Cambium Learning Group by 5.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 75,777 shares of the company’s stock worth $384,000 after purchasing an additional 3,624 shares in the last quarter. Balter Liquid Alternatives LLC bought a new position in shares of Cambium Learning Group in the 2nd quarter worth $400,000. Martingale Asset Management L P lifted its holdings in shares of Cambium Learning Group by 12.5% in the 2nd quarter. Martingale Asset Management L P now owns 63,711 shares of the company’s stock worth $324,000 after purchasing an additional 7,098 shares in the last quarter. Finally, Teachers Advisors LLC lifted its holdings in shares of Cambium Learning Group by 18.2% in the 2nd quarter. Teachers Advisors LLC now owns 22,811 shares of the company’s stock worth $116,000 after purchasing an additional 3,516 shares in the last quarter. Hedge funds and other institutional investors own 13.52% of the company’s stock.

Cambium Learning Group, Inc. (NASDAQ:ABCD) opened at $5.71 on Wednesday. Cambium Learning Group, Inc. has a twelve month low of $4.25 and a twelve month high of $7.30. The company has a debt-to-equity ratio of -1.39, a current ratio of 0.51 and a quick ratio of 0.49. The stock has a market capitalization of $266.48, a price-to-earnings ratio of 15.73 and a beta of -0.73.

In related news, CEO John F. Campbell sold 15,000 shares of the stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $6.11, for a total value of $91,650.00. Following the transaction, the chief executive officer now directly owns 17,704 shares in the company, valued at approximately $108,171.44. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Barbara Benson sold 17,000 shares of the stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $6.49, for a total value of $110,330.00. Following the completion of the transaction, the chief financial officer now owns 17,000 shares in the company, valued at $110,330. The disclosure for this sale can be found here. Over the last quarter, insiders sold 47,000 shares of company stock worth $299,480. 72.20% of the stock is owned by company insiders.

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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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Institutional Ownership by Quarter for Cambium Learning Group (NASDAQ:ABCD)

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