Insider Selling: Cambium Learning Group, Inc. (ABCD) CEO Sells 15,000 Shares of Stock

Cambium Learning Group, Inc. (NASDAQ:ABCD) CEO John F. Campbell sold 15,000 shares of the business’s stock in a transaction on Monday, April 2nd. The stock was sold at an average price of $11.10, for a total transaction of $166,500.00. Following the sale, the chief executive officer now owns 17,704 shares in the company, valued at $196,514.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Cambium Learning Group stock opened at $11.33 on Thursday. Cambium Learning Group, Inc. has a 52 week low of $4.67 and a 52 week high of $11.38. The company has a debt-to-equity ratio of -2.93, a quick ratio of 0.31 and a current ratio of 0.33. The stock has a market capitalization of $514.98, a P/E ratio of 37.90 and a beta of -0.84.

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Cambium Learning Group (NASDAQ:ABCD) last released its quarterly earnings data on Wednesday, March 7th. The company reported ($0.02) EPS for the quarter. Cambium Learning Group had a negative return on equity of 35.04% and a net margin of 28.48%. The business had revenue of $38.33 million during the quarter. analysts forecast that Cambium Learning Group, Inc. will post 0.4 EPS for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position 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 buying an additional 3,832 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of Cambium Learning Group by 70.0% in the 4th quarter. Acadian Asset Management LLC now owns 301,788 shares of the company’s stock worth $1,715,000 after buying an additional 124,219 shares in the last quarter. State Street Corp boosted its position 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 buying an additional 16,461 shares in the last quarter. Northern Trust Corp boosted its position 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 buying an additional 30,588 shares in the last quarter. Finally, Martingale Asset Management L P boosted its position in shares of Cambium Learning Group by 136.0% in the 4th quarter. Martingale Asset Management L P now owns 138,553 shares of the company’s stock worth $787,000 after buying an additional 79,842 shares in the last quarter. Institutional investors and hedge funds own 14.40% of the company’s stock.

Several equities research analysts have commented on ABCD shares. BidaskClub upgraded shares of Cambium Learning Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 9th. B. Riley initiated coverage on shares of Cambium Learning Group in a research report on Thursday, March 29th. They issued a “buy” rating and a $12.50 price objective on the stock.

TRADEMARK VIOLATION WARNING: “Insider Selling: Cambium Learning Group, Inc. (ABCD) CEO Sells 15,000 Shares of Stock” was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this report on another website, it was copied illegally and republished in violation of United States and international copyright law. The correct version of this report can be viewed at https://www.dispatchtribunal.com/2018/04/05/insider-selling-cambium-learning-group-inc-abcd-ceo-sells-15000-shares-of-stock.html.

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.

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

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