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 firm’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $6.50, for a total transaction of $97,500.00. Following the sale, the chief executive officer now owns 17,704 shares of the company’s stock, valued at approximately $115,076. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Shares of Cambium Learning Group, Inc. (NASDAQ ABCD) opened at 6.30 on Wednesday. The company has a market cap of $291.58 million, a PE ratio of 19.69 and a beta of -0.56. Cambium Learning Group, Inc. has a 12-month low of $4.25 and a 12-month high of $6.62. The company has a 50 day moving average of $5.90 and a 200-day moving average of $5.21.
Cambium Learning Group (NASDAQ:ABCD) last announced its quarterly earnings results on Thursday, August 10th. The company reported $0.12 earnings per share (EPS) for the quarter. Cambium Learning Group had a negative return on equity of 25.36% and a net margin of 9.65%. The firm had revenue of $40.36 million for the quarter. Equities research analysts anticipate that Cambium Learning Group, Inc. will post ($0.23) earnings per share for the current year.
TRADEMARK VIOLATION WARNING: “John F. Campbell Sells 15,000 Shares of Cambium Learning Group, Inc. (ABCD) Stock” was originally published by Daily Political and is the property of of Daily Political. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States & international trademark and copyright laws. The original version of this news story can be viewed at https://www.dailypolitical.com/2017/10/04/john-f-campbell-sells-15000-shares-of-cambium-learning-group-inc-abcd-stock.html.
A number of large investors have recently modified their holdings of the business. Cetera Investment Advisers purchased a new position in Cambium Learning Group in the 2nd quarter worth about $194,000. State Street Corp lifted its stake in Cambium Learning Group by 9.7% during the 2nd quarter. State Street Corp now owns 185,750 shares of the company’s stock valued at $942,000 after acquiring an additional 16,461 shares during the period. Cornerstone Capital Management Holdings LLC. lifted its stake in Cambium Learning Group by 71.1% during the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 20,691 shares of the company’s stock valued at $104,000 after acquiring an additional 8,600 shares during the period. Vanguard Group Inc. lifted its stake in Cambium Learning Group by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 524,042 shares of the company’s stock valued at $2,657,000 after acquiring an additional 3,832 shares during the period. Finally, Northern Trust Corp lifted its stake in Cambium Learning Group by 23.2% during the 2nd quarter. Northern Trust Corp now owns 162,160 shares of the company’s stock valued at $822,000 after acquiring an additional 30,588 shares during the period. 12.52% of the stock is owned by institutional investors and hedge funds.
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.