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

Cambium Learning Group, Inc. (NASDAQ:ABCD) CEO John F. Campbell sold 15,000 shares of the stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $5.71, for a total value of $85,650.00. Following the completion of the transaction, the chief executive officer now directly owns 17,704 shares in the company, valued at approximately $101,089.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Cambium Learning Group, Inc. (NASDAQ ABCD) opened at $5.91 on Friday. The company has a market capitalization of $279.55, a price-to-earnings ratio of 15.97 and a beta of -0.69. The company has a debt-to-equity ratio of -1.39, a current ratio of 0.51 and a quick ratio of 0.49. Cambium Learning Group, Inc. has a 12 month low of $4.55 and a 12 month high of $7.30.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Teachers Advisors LLC increased its stake in Cambium Learning Group by 18.2% in the second quarter. Teachers Advisors LLC now owns 22,811 shares of the company’s stock valued at $116,000 after acquiring an additional 3,516 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Cambium Learning Group by 5.0% in the second quarter. Bank of New York Mellon Corp now owns 75,777 shares of the company’s stock valued at $384,000 after acquiring an additional 3,624 shares during the last quarter. Vanguard Group Inc. increased its stake in Cambium Learning Group by 0.7% in the second quarter. Vanguard Group Inc. now owns 524,042 shares of the company’s stock valued at $2,657,000 after acquiring an additional 3,832 shares during the last quarter. TIAA CREF Investment Management LLC increased its stake in Cambium Learning Group by 12.1% in the second quarter. TIAA CREF Investment Management LLC now owns 42,949 shares of the company’s stock valued at $218,000 after acquiring an additional 4,620 shares during the last quarter. Finally, Martingale Asset Management L P increased its stake in Cambium Learning Group by 12.5% in the second quarter. Martingale Asset Management L P now owns 63,711 shares of the company’s stock valued at $324,000 after acquiring an additional 7,098 shares during the last quarter. 13.52% of the stock is currently owned by institutional investors and hedge funds.

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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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