EDUC Educational Development Corp.
Educational Development Corp. engages in the provision of educational children's books. It operates through the following segments: Publishing; and Usborne Books & More segments. The Publishing segment markets its products to retail accounts, which include book, school supply, toy and gift stores and museums, through commissioned sales representatives, trade and specialty retailers, and an internal tele-sales group. The Usborne Books & More segment sells its products through a network of independent sales consultants using a combination of home shows, internet shows, and book fairs. The company was founded on August 23, 1965 and is headquartered in Tulsa, OK.
Company profile
Ticker
EDUC
Exchange
Website
CEO
Randall W. White
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
Corporate docs
IRS number
730750007
Calendar
14 Jan 20
4 Apr 20
28 Feb 21
News
Company financial data Financial data
| Quarter (USD) | Nov 19 | Aug 19 | May 19 | Feb 19 | |
|---|---|---|---|---|---|
| Revenue | 40.82M | 24.44M | 27.59M | 23.63M | |
| Net income | 2.74M | 1.01M | 1.36M | 555.5K | |
| Diluted EPS | 0.33 | 0.12 | 0.17 | 0.07 | |
| Net profit margin | 6.70% | 4.12% | 4.94% | 2.35% | |
| Net change in cash | 8.02M | -435.6K | -1.8M | -4.64M | |
| Cash on hand | 8.99M | 966.8K | 1.4M | 3.2M | |
| Cost of revenue | 13.28M | 8.05M | 9.06M | 7.79M |
| Annual (USD) | Feb 19 | Feb 18 | Feb 17 | Feb 15 | |
|---|---|---|---|---|---|
| Revenue | 118.81M | 111.98M | 106.63M | 32.55M | |
| Net income | 6.68M | 5.21M | 2.86M | 859.2K | |
| Diluted EPS | 0.81 | 0.64 | 0.7 | 0.21 | |
| Net profit margin | 5.62% | 4.66% | 2.68% | 2.64% | |
| Net change in cash | 476K | 2.02M | 315.3K | ||
| Cash on hand | 3.2M | 2.72M | 699.2K | 383.9K | |
| Cost of revenue | 39.06M | 35.82M | 28.61M | 12.76M |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 11 Mar 20 | Keefe Daniel E O | Common Stock | Buy | Aquire P | 4.2 | 5,000 | 21K | 28,309 |
| 16 Jan 20 | Keefe Daniel E O | Common Stock | Buy | Aquire P | 5.9 | 2,500 | 14.75K | 21,260 |
| 9 Aug 19 | Heather N. Cobb | Common Stock | Buy | Aquire P | 6.46 | 535 | 3.46K | 94,494 |
| 25 Jul 19 | Ronald T Mcdaniel | COMMON STOCK | Buy | Aquire P | 6.77 | 1,000 | 6.77K | 9,050 |
Institutional ownership Q4 2019
17.3% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 22 |
| Opened positions | 1 |
| Closed positions | 3 |
| Increased positions | 6 |
| Reduced positions | 6 |
13F shares |
Current |
|---|---|
| Total value | 9.03M |
| Total shares | 1.46M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| AMP Ameriprise Financial | 486.39K | $3.01M |
| Renaissance Technologies | 219.32K | $1.36M |
| Vanguard | 195.14K | $1.21M |
| Dimensional Fund Advisors | 193.24K | $1.19M |
| Bridgeway Capital Management | 122.7K | $758K |
| Whittier Trust | 92K | $569K |
| Geode Capital Management | 49.64K | $306K |
| Punch & Associates Investment Management | 35K | $216K |
| BLK BlackRock | 18.24K | $113K |
| NTRS Northern Trust | 16.59K | $103K |
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
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|
New words:
fewer, fluctuation, gained, labor, promotion, stayed, vary
Removed:
count, ending, expire
Financial reports
10-Q
2020 Q3
Quarterly report
14 Jan 20
10-Q
2020 Q2
Quarterly report
15 Oct 19
10-Q
2020 Q1
Quarterly report
15 Jul 19
10-K/A
2019 FY
Annual report (amended)
12 Jun 19
10-K
2019 FY
Annual report
29 May 19
10-Q
2019 Q3
Quarterly report
14 Jan 19
10-Q
2019 Q2
Quarterly report
15 Oct 18
10-Q
2019 Q1
Quarterly report
16 Jul 18
10-K
2018 FY
Annual report
29 May 18
10-Q
2018 Q3
Quarterly report
16 Jan 18
Current reports
8-K
Chairman of the Board
27 Jan 20
8-K
Educational Development Corporation Announces Third Quarter Fiscal 2020 Results
14 Jan 20
8-K
Educational Development Corporation Announces Second Quarter Fiscal 2020 Results
11 Oct 19
8-K
Educational Development Corporation Announces Dividend Record Date and Scheduled Distribution Date
21 Aug 19
8-K
Submission of Matters to a Vote of Security Holders
24 Jul 19
8-K
Educational Development Corporation Announces First Quarter Fiscal 2020 Results
12 Jul 19
8-K
Educational Development Corporation Announces Fiscal Fourth Quarter and Fiscal 2019 Results
28 May 19
8-K
Entry into a Material Definitive Agreement
8 Feb 19
8-K
Educational Development Corporation Announces New Share Repurchase Program
5 Feb 19
8-K
Educational Development Corporation Announces Third Quarter Fiscal 2019 Results
14 Jan 19
Registration and prospectus
Proxies
DEF 14A
Definitive proxy
27 Jun 19
DEF 14A
Definitive proxy
21 Jun 18
DEF 14A
Definitive proxy
16 Jun 17
DEF 14A
Definitive proxy
20 Jun 16
DEF 14A
Definitive proxy
16 Jun 15
DEF 14A
Definitive proxy
17 Jun 14
DEF 14A
Definitive proxy
18 Jun 13
DEF 14A
Definitive proxy
20 Jun 12
DEF 14A
Definitive proxy
21 Jun 11
DEF 14A
Definitive proxy
21 Jun 10
Ownership
4
EDUCATIONAL DEVELOPMENT / Keefe Daniel E O ownership change
12 Mar 20
SC 13G
Educational Development Corp
14 Feb 20
4
EDUCATIONAL DEVELOPMENT / Keefe Daniel E O ownership change
16 Jan 20
4
EDUCATIONAL DEVELOPMENT / Heather N. Cobb ownership change
14 Aug 19
4
EDUCATIONAL DEVELOPMENT / RONALD T MCDANIEL ownership change
29 Jul 19
3
EDUCATIONAL DEVELOPMENT / KARA GAE NEAL ownership change
29 Jul 19
3
EDUCATIONAL DEVELOPMENT / BESTY RICHERT ownership change
29 Jul 19
4
EDUCATIONAL DEVELOPMENT / Keefe Daniel E O ownership change
19 Jul 19
4
EDUCATIONAL DEVELOPMENT / RONALD T MCDANIEL ownership change
21 Feb 19
4
EDUCATIONAL DEVELOPMENT / Craig M White ownership change
7 Feb 19