John F. Campbell Sells 15,000 Shares of Cambium Learning Group, Inc. (ABCD) Stock
Cambium Learning Group, Inc. (NASDAQ:ABCD) CEO John F. Campbell sold 15,000 shares of the company’s stock in a transaction on Monday, August 7th. The stock was sold at an average price of $4.76, for a total transaction of $71,400.00. Following the completion of the transaction, the chief executive officer now directly owns 17,704 shares of the company’s stock, valued at $84,271.04. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Shares of Cambium Learning Group, Inc. (NASDAQ:ABCD) traded up 0.62% during trading on Wednesday, reaching $4.87. 32,605 shares of the company were exchanged. The firm has a market cap of $225.00 million, a price-to-earnings ratio of 18.04 and a beta of -0.61. The stock’s 50-day moving average is $4.94 and its 200-day moving average is $4.97. Cambium Learning Group, Inc. has a 52-week low of $4.25 and a 52-week high of $5.86.
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Large investors have recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its stake in 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. Acadian Asset Management LLC boosted its stake in 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. Finally, Balter Liquid Alternatives LLC bought a new stake in Cambium Learning Group during the second quarter worth approximately $400,000. Institutional investors and hedge funds own 12.19% of the company’s stock.
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.
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