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.

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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.

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