Royce & Associates LP continued to hold its stake in Cambium Learning Group, Inc. (NASDAQ:ABCD) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,000 shares of the company’s stock at the end of the 2nd quarter. Royce & Associates LP owned about 0.22% of Cambium Learning Group worth $507,000 at the end of the most recent reporting period.

Separately, Acadian Asset Management LLC grew its holdings in Cambium Learning Group by 25.3% in the 2nd quarter. Acadian Asset Management LLC now owns 126,609 shares of the company’s stock worth $644,000 after acquiring an additional 25,573 shares during the last quarter. 12.52% of the stock is currently owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: “Royce & Associates LP Has $507,000 Stake in Cambium Learning Group, Inc. (ABCD)” was originally posted by Daily Political and is owned by of Daily Political. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at

In other news, CFO Barbara Benson sold 17,000 shares of the stock in a transaction on Monday, August 7th. The shares were sold at an average price of $4.77, for a total value of $81,090.00. Following the sale, the chief financial officer now owns 17,000 shares of the company’s stock, valued at $81,090. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Paul Fonte sold 5,000 shares of the stock in a transaction on Friday, September 1st. The shares were sold at an average price of $5.88, for a total transaction of $29,400.00. Following the completion of the sale, the insider now directly owns 5,000 shares in the company, valued at approximately $29,400. The disclosure for this sale can be found here. In the last three months, insiders sold 52,000 shares of company stock worth $269,490. Insiders own 72.20% of the company’s stock.

Shares of Cambium Learning Group, Inc. (NASDAQ:ABCD) opened at 6.14 on Monday. The firm has a 50-day moving average of $5.40 and a 200-day moving average of $5.06. Cambium Learning Group, Inc. has a one year low of $4.25 and a one year high of $6.35. The company has a market cap of $284.18 million, a price-to-earnings ratio of 19.19 and a beta of -0.60.

Cambium Learning Group (NASDAQ:ABCD) last announced its earnings results on Thursday, August 10th. The company reported $0.12 earnings per share for the quarter. Cambium Learning Group had a net margin of 9.65% and a negative return on equity of 25.36%. The business had revenue of $40.36 million for the quarter. Equities research analysts forecast that Cambium Learning Group, Inc. will post ($0.23) EPS for the current fiscal year.

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 (, ExploreLearning (, Voyager Sopris Learning ( and Kurzweil Education ( It operates through three segments: Learning A-Z, Voyager Sopris Learning and ExploreLearning.

Institutional Ownership by Quarter for Cambium Learning Group (NASDAQ:ABCD)

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's FREE daily email newsletter.