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Educational Development (EDUC)

Educational Development Corporation, a Delaware corporation, was incorporated in 1965 to develop curriculum materials for schools. In 1978 the Publishing Division was created to distribute Usborne children's books, and the Home Business Division was started in 1989. Educational Development Corporation is the United States trade publisher of a line of children’s books produced in the United Kingdom by Usborne Publishing Limited. The Home Business Division distributes these books through independent sales consultants who hold book showings in individual homes and through book fairs, fund raisers and direct sales. The Home Business Division is also responsible for sales to school and public libraries. The Company’s Publishing Division distributes the books to book stores, toy stores, specialty stores and other retail outlets throughout the United States.

Company profile

Ticker
EDUC
Exchange
NASDAQ
Website
www.edcpub.com
CEO
Randall W. White
Employees
Incorporated
Delaware
Location
Oklahoma
Fiscal year end
Feb 28
Sector
Information > Book Publishers
Industry (SIC)
Wholesale - Miscellaneous Non-durable Goods
Central Garden & Pet • Hydrofarm • JMAX INTERNATIONAL • Natural Health Trends • RCMW • Quest Patent Research • Mansfield-Martin Exploration Mining • Starguide • Elite • Xinhua China ...
SEC CIK
0000031667
Corporate docs
IRS number
730750007

EDUC stock data

News

From Benzinga Pro
Stocks That Hit 52-Week Lows On Wednesday
10 Aug 22
During Wednesday, 52 stocks hit new 52-week lows.
Stocks That Hit 52-Week Lows On Tuesday
2 Aug 22
Tuesday's session saw 63 companies set new 52-week lows.
Stocks That Hit 52-Week Lows On Friday
22 Jul 22
During Friday's session, 61 companies made new 52-week lows.
Stocks That Hit 52-Week Lows On Friday
15 Jul 22
Stocks That Hit 52-Week Lows On Thursday
14 Jul 22

Press releases

From Benzinga Pro
Educational Development Corporation Announces New Loan Agreement
11 Aug 22
Tulsa, Oklahoma--(Newsfile Corp. - August 11, 2022) - Educational Development Corporation (NASDAQ:EDUC) ("EDC") (http://www.edcpub.com) today announced that the Company has executed a new Credit Agreement ("Loan
Educational Development Corporation Announces First Quarter Fiscal Year 2023 Results
6 Jul 22
Tulsa, Oklahoma--(Newsfile Corp. - July 6, 2022) - Educational Development Corporation (NASDAQ:EDUC) ("EDC", or the "Company") (http://www.edcpub.com) today reports financial results for the first quarter for fiscal year
Educational Development Corporation Announces 2022 Annual Meeting of Shareholders and Record Date
27 May 22
Tulsa, Oklahoma--(Newsfile Corp. - May 27, 2022) - Educational Development Corporation (NASDAQ:EDUC) ("EDC," or the "Company") (http://www.edcpub.com) today announces the date of the annual shareholders meeting and

Calendar

7 Jul 22
18 Aug 22
28 Feb 23

Financial summary

Financial statements Chart EDUC financial data
Quarter (USD) May 22 Feb 22 Nov 21 Aug 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Feb 22 Feb 21 Feb 20 Feb 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 1.42M 1.42M 1.42M 1.42M 1.42M 1.42M
Cash burn (monthly) (no burn) 28.1K (no burn) (no burn) 732.33K 1.54M
Cash used (since last report) n/a 73.54K n/a n/a 1.92M 4.03M
Cash remaining n/a 1.35M n/a n/a -497.17K -2.61M
Runway (months of cash) n/a 47.9 n/a n/a -0.7 -1.7

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

EDUC insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
4 Nov 21 Craig M White Common Stock Buy Acquire P No No 0 4,923 0 582,254
4 Nov 21 Heather N. Cobb Common Stock Buy Acquire P No No 0 2,844 0 148,972
4 Nov 21 Keefe Daniel E O Common Stock Buy Acquire P No No 0 2,539 0 160,563
22 Jul 21 Randall W White Common Stock Buy Dispose P No No 11.5 1,900 21.85K 1,291,008
21 Jul 21 Heather N. Cobb Common Stock Buy Acquire P No No 0 41,381 0 146,128
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

EDUC institutional ownership history Ownership history
26.3% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 24 14 +71.4%
Opened positions 12 0 NEW
Closed positions 2 14 -85.7%
Increased positions 1 3 -66.7%
Reduced positions 3 5 -40.0%
13F shares Current Prev Q Change
Total value 18.02M 9.7M +85.8%
Total shares 2.28M 1.09M +110.0%
Total puts 0 0
Total calls 0 0
Total put/call ratio – – –
Largest owners Shares Value Change
AMP Ameriprise Financial 632.99K $4.91M NEW
Red Oak Partners 316.42K $2.76M 0.0%
Renaissance Technologies 294.53K $2.28M -4.8%
Vanguard 277.74K $2.15M NEW
Dimensional Fund Advisors 175.78K $1.36M +1.1%
Needham Investment Management 145K $1.12M NEW
Whittier Trust 92K $713K 0.0%
Bridgeway Capital Management 88.7K $687K NEW
Hussman Strategic Advisors 62K $481K 0.0%
Geode Capital Management 56.02K $434K 0.0%
Largest transactions Shares Bought/sold Change
AMP Ameriprise Financial 632.99K +632.99K NEW
Vanguard 277.74K +277.74K NEW
Needham Investment Management 145K +145K NEW
Bridgeway Capital Management 88.7K +88.7K NEW
Morgan Dempsey Capital Management 47.35K +47.35K NEW
Renaissance Technologies 294.53K -14.8K -4.8%
Perritt Capital Management 10K +10K NEW
MS Morgan Stanley 6.66K +6.66K NEW
UBS UBS Group AG - Registered Shares 2.87K +2.87K NEW
BLK Blackrock 17.08K -2.17K -11.3%
Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

?
Competition
Scholastic

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: acquisition, automatically, back, Chicago, Codification, disposable, distributor, food, fuel, high, inbound, inflation, inflationary, Layton, living, Marketing, Mercantile, met, MLM, ocean, Overnight, past, reorder, revert, September, slightly, SOFR, termination, Utah
Removed: abated, allocation, alternate, arrangement, asset, August, beginning, bps, capacity, closed, daily, enacted, enter, entity, executing, expanding, extended, flexible, half, hierarchy, identical, Index, indirectly, input, instrument, June, larger, level, liability, lower, lowest, measurement, observable, premium, prepayment, quoted, remained, removal, removed, standard, substantially, tier, transparency, unadjusted, Unobservable
From filing 10-Q 2023 Q1
Financial reports
View all
10-Q
2023 Q1
Quarterly report
7 Jul 22
10-K
2022 FY
Annual report
5 May 22
10-Q
2022 Q3
Quarterly report
6 Jan 22
10-Q
2022 Q2
Quarterly report
7 Oct 21
10-Q
2022 Q1
Quarterly report
8 Jul 21
10-K
2021 FY
Annual report
13 May 21
10-Q
2021 Q3
Quarterly report
13 Jan 21
10-Q
2021 Q2
Quarterly report
13 Oct 20
10-Q
2021 Q1
Quarterly report
13 Jul 20
10-K
2020 FY
Annual report
26 May 20
Current reports
View all
8-K
Educational Development Corporation
11 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
11 Jul 22
8-K
Educational Development Corporation
6 Jul 22
8-K
Educational Development Corporation
27 May 22
8-K
Educational Development Corporation
19 May 22
8-K
Educational Development Corporation
4 May 22
8-K
Educational Development Corporation
4 May 22
8-K
Educational Development Corporation
6 Jan 22
8-K
Educational Development Corp. to Host Third Quarter 2021 Earnings Call
22 Dec 21
8-K
Educational Development Corporation
24 Nov 21
Registration and prospectus
S-8
Registration of securities for employees
30 May 19
S-8
Registration of securities for employees
21 Oct 02
Proxies
View all
DEF 14A
Definitive proxy
15 Jun 22
DEF 14A
Definitive proxy
15 Jun 21
DEF 14A
Definitive proxy
12 Jun 20
DEF 14A
Definitive proxy
27 Jun 19
DEF 14A
Definitive proxy
21 Jun 18
DEF 14A
Definitive proxy
15 Jun 17
DEF 14A
Definitive proxy
19 Jun 16
DEF 14A
Definitive proxy
15 Jun 15
DEF 14A
Definitive proxy
16 Jun 14
DEF 14A
Definitive proxy
17 Jun 13
Other
UPLOAD
Letter from SEC
6 Apr 16
CORRESP
Correspondence with SEC
30 Mar 16
CORRESP
Correspondence with SEC
21 Mar 16
UPLOAD
Letter from SEC
15 Feb 16
UPLOAD
Letter from SEC
7 Apr 08
UPLOAD
Letter from SEC
7 Apr 08
CORRESP
Correspondence with SEC
16 Mar 08
UPLOAD
Letter from SEC
10 Mar 05
Ownership
View all
11-K
Annual report of employee stock purchases
17 Aug 22
SC 13G/A
EDUCATIONAL DEVELOPMENT / AMERIPRISE FINANCIAL ownership change
14 Feb 22
4
EDUCATIONAL DEVELOPMENT / Keefe Daniel E O ownership change
5 Nov 21
4
EDUCATIONAL DEVELOPMENT / Heather N. Cobb ownership change
5 Nov 21
4
EDUCATIONAL DEVELOPMENT / Craig M White ownership change
5 Nov 21
11-K
Annual report of employee stock purchases
24 Aug 21
4
EDUCATIONAL DEVELOPMENT / Craig M White ownership change
22 Jul 21
4
EDUCATIONAL DEVELOPMENT / Keefe Daniel E O ownership change
22 Jul 21
4
EDUCATIONAL DEVELOPMENT / Heather N. Cobb ownership change
22 Jul 21
4
EDUCATIONAL DEVELOPMENT / RANDALL W WHITE ownership change
22 Jul 21

Transcripts

View all
2022 Q4
Earnings call transcript
12 May 22
2022 Q3
Earnings call transcript
7 Jan 22
2022 Q2
Earnings call transcript
7 Oct 21
2021 Q4
Earnings call transcript
19 May 21
2021 Q2
Earnings call transcript
13 Oct 20
2021 Q1
Earnings call transcript
15 Jul 20
2020 Q4
Earnings call transcript
27 May 20
2020 Q2
Earnings call transcript
15 Oct 19
2020 Q1
Earnings call transcript
16 Jul 19
2019 Q4
Earnings call transcript
4 Jun 19

Reddit threads

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