Cambium Learning Group, Inc. (NASDAQ:ABCD) CEO John F. Campbell sold 15,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $6.92, for a total value of $103,800.00. Following the sale, the chief executive officer now owns 17,704 shares in the company, valued at approximately $122,511.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Cambium Learning Group, Inc. (ABCD) traded down $0.03 during mid-day trading on Friday, hitting $6.90. The stock had a trading volume of 47,005 shares, compared to its average volume of 119,796. Cambium Learning Group, Inc. has a 1-year low of $4.55 and a 1-year high of $7.30. The stock has a market capitalization of $327.62 and a price-to-earnings ratio of 18.65. 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 (NASDAQ:ABCD) last issued its earnings results on Tuesday, November 14th. The company reported $0.14 EPS for the quarter. The firm had revenue of $43.52 million for the quarter. Cambium Learning Group had a negative return on equity of 32.64% and a net margin of 11.25%.
Hedge funds and other institutional investors have recently modified their holdings of the stock. EAM Investors LLC purchased a new stake in Cambium Learning Group in the third quarter valued at approximately $636,000. Northern Trust Corp boosted its position in Cambium Learning Group by 23.2% in the second quarter. Northern Trust Corp now owns 162,160 shares of the company’s stock valued at $822,000 after buying an additional 30,588 shares during the last quarter. Teachers Advisors LLC boosted its position 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 buying an additional 3,516 shares during the last quarter. American Century Companies Inc. purchased a new stake in Cambium Learning Group in the third quarter valued at approximately $103,000. Finally, Quantum Capital Management boosted its position in Cambium Learning Group by 1,493.9% in the third quarter. Quantum Capital Management now owns 191,969 shares of the company’s stock valued at $1,273,000 after buying an additional 179,925 shares during the last quarter. Hedge funds and other institutional investors own 13.85% of the company’s stock.
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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