Cambium Learning Group (ABCD) Lifted to Buy at BidaskClub

Cambium Learning Group (NASDAQ:ABCD) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Shares of Cambium Learning Group (ABCD) opened at $6.66 on Friday. The stock has a market capitalization of $287.49, a PE ratio of 18.00 and a beta of -0.72. The company has a debt-to-equity ratio of -1.39, a current ratio of 0.51 and a quick ratio of 0.49. Cambium Learning Group has a one year low of $4.55 and a one year high of $7.30.

In other news, CEO John F. Campbell sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $6.11, for a total transaction of $91,650.00. Following the completion of the sale, the chief executive officer now directly owns 17,704 shares of the company’s stock, valued at approximately $108,171.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Paul Fonte sold 5,000 shares of the firm’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $5.72, for a total value of $28,600.00. Following the sale, the insider now directly owns 5,000 shares of the company’s stock, valued at $28,600. The disclosure for this sale can be found here. Over the last three months, insiders sold 67,000 shares of company stock valued at $384,220. Company insiders own 72.20% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of ABCD. American Century Companies Inc. purchased a new stake in shares of Cambium Learning Group during the 3rd quarter worth about $103,000. Cornerstone Capital Management Holdings LLC. raised its stake in shares of 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 worth $104,000 after purchasing an additional 8,600 shares in the last quarter. Teachers Advisors LLC raised 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 worth $116,000 after purchasing an additional 3,516 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Cambium Learning Group during the 3rd quarter worth about $167,000. Finally, Cetera Investment Advisers purchased a new stake in shares of Cambium Learning Group during the 2nd quarter worth about $194,000. 13.52% of the stock is owned by institutional investors.

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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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