Cambium Learning Group, Inc. (NASDAQ:ABCD) insider Paul Fonte sold 5,000 shares of the company’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $5.72, for a total transaction of $28,600.00. Following the completion of the transaction, the insider now owns 5,000 shares of the company’s stock, valued at $28,600. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Cambium Learning Group, Inc. (NASDAQ:ABCD) traded up $0.04 during mid-day trading on Wednesday, hitting $5.75. 45,479 shares of the stock traded hands, compared to its average volume of 48,725. The stock has a market capitalization of $261.35, a P/E ratio of 15.14 and a beta of -0.70. The company has a quick ratio of 0.49, a current ratio of 0.51 and a debt-to-equity ratio of -1.39. Cambium Learning Group, Inc. has a fifty-two week low of $4.37 and a fifty-two week high of $7.30.

Several hedge funds have recently made changes to their positions in ABCD. American Century Companies Inc. purchased a new position in shares of Cambium Learning Group in the third quarter valued at $103,000. Cornerstone Capital Management Holdings LLC. boosted its stake in shares of 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 valued at $104,000 after purchasing an additional 8,600 shares during the period. Teachers Advisors LLC boosted its stake in shares of 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 purchasing an additional 3,516 shares during the period. JPMorgan Chase & Co. purchased a new position in shares of Cambium Learning Group in the third quarter valued at $167,000. Finally, Cetera Investment Advisers purchased a new position in shares of Cambium Learning Group in the second quarter valued at $194,000. Institutional investors and hedge funds own 13.52% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This story was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/12/06/cambium-learning-group-inc-abcd-insider-sells-28600-00-in-stock.html.

Cambium Learning Group Company Profile

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.

Insider Buying and Selling by Quarter for Cambium Learning Group (NASDAQ:ABCD)

Receive News & Ratings for Cambium Learning Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cambium Learning Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.