Cambium Learning Group (NASDAQ:ABCD) was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday.

Shares of Cambium Learning Group (NASDAQ:ABCD) opened at $6.90 on Friday. The company has a market cap of $321.55, a P/E ratio of 18.65 and a beta of -0.61. The company has a quick ratio of 0.49, a current ratio of 0.51 and a debt-to-equity ratio of -1.39. Cambium Learning Group has a 12 month low of $4.55 and a 12 month high of $7.30.

Cambium Learning Group (NASDAQ:ABCD) last released its earnings results on Tuesday, November 14th. The company reported $0.14 EPS for the quarter. The firm had revenue of $43.52 million during the quarter. Cambium Learning Group had a net margin of 11.25% and a negative return on equity of 32.64%.

In other Cambium Learning Group news, CFO Barbara Benson sold 17,000 shares of Cambium Learning Group stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $5.61, for a total value of $95,370.00. Following the completion of the sale, the chief financial officer now directly owns 17,000 shares of the company’s stock, valued at approximately $95,370. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO John F. Campbell sold 15,000 shares of Cambium Learning Group stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $6.92, for a total transaction of $103,800.00. Following the completion of the sale, the chief executive officer now directly owns 17,704 shares of the company’s stock, valued at $122,511.68. The disclosure for this sale can be found here. Insiders sold a total of 67,000 shares of company stock valued at $396,370 over the last ninety days. 72.20% of the stock is owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in ABCD. Bank of New York Mellon Corp grew its stake in shares of Cambium Learning Group by 5.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 75,777 shares of the company’s stock valued at $384,000 after buying an additional 3,624 shares during the period. Teachers Advisors LLC grew its stake in shares of Cambium Learning Group by 18.2% during the 2nd quarter. Teachers Advisors LLC now owns 22,811 shares of the company’s stock valued at $116,000 after buying an additional 3,516 shares during the period. TIAA CREF Investment Management LLC grew its stake in shares of Cambium Learning Group by 12.1% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 42,949 shares of the company’s stock valued at $218,000 after buying an additional 4,620 shares during the period. Northern Trust Corp grew its stake in shares of 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 buying an additional 30,588 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of 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 buying an additional 3,832 shares during the period. 13.93% of the stock is owned by hedge funds and other institutional investors.

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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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