Barbara Benson Sells 17,000 Shares of Cambium Learning Group, Inc. (ABCD) Stock
Cambium Learning Group, Inc. (NASDAQ:ABCD) CFO Barbara Benson sold 17,000 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $4.77, for a total transaction of $81,090.00. Following the transaction, the chief financial officer now owns 17,000 shares in the company, valued at approximately $81,090. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Cambium Learning Group, Inc. (NASDAQ ABCD) traded up 0.62% during trading on Wednesday, reaching $4.87. 32,605 shares of the company’s stock traded hands. Cambium Learning Group, Inc. has a one year low of $4.25 and a one year high of $5.86. The company has a 50 day moving average of $4.94 and a 200 day moving average of $4.97. The firm has a market cap of $225.00 million, a price-to-earnings ratio of 18.04 and a beta of -0.61.
TRADEMARK VIOLATION NOTICE: This news story was originally reported by Daily Political and is owned by of Daily Political. If you are viewing this news story on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The legal version of this news story can be viewed at https://www.dailypolitical.com/2017/08/09/barbara-benson-sells-17000-shares-of-cambium-learning-group-inc-abcd-stock.html.
Large investors have recently modified their holdings of the company. Balter Liquid Alternatives LLC acquired a new stake in shares of Cambium Learning Group during the second quarter worth $400,000. Bank of New York Mellon Corp raised its stake in shares of 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 worth $384,000 after buying an additional 3,624 shares during the last quarter. Finally, Acadian Asset Management LLC raised its stake in shares of Cambium Learning Group by 25.3% in the second quarter. Acadian Asset Management LLC now owns 126,609 shares of the company’s stock worth $644,000 after buying an additional 25,573 shares during the last quarter. Institutional investors and hedge funds own 12.19% 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.
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.