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Heather N. Cobb, Chief Sales & Marketing Officer at Educational Development Corp (NASDAQ:EDUC), reported selling 11,419 shares of common stock on November 14, 2025. The shares were sold at a price of $1.35, totaling $15,415.
On the same day, Cobb also acquired 18,158 shares of Educational Development Corp common stock through the company’s 401(k) plan at various prices. Following these transactions, Cobb directly owns 160,391 shares of the company.
In other recent news, Educational Development Corporation reported its Q2 2025 financial results, showing a decline in net revenues to $4.6 million from $6.5 million the previous year. The company also faced a net loss of $1.3 million, or $0.15 per share, amid a challenging direct sales environment. Additionally, Educational Development Corporation completed the sale of its headquarters and distribution warehouse in Tulsa, Oklahoma, for $32.2 million to 10Mark 10K Industrial, LLC. The proceeds from this sale were used to fully pay off the company’s outstanding term loans and revolving loan under its credit agreement with its bank. These recent developments reflect significant financial maneuvers by the company as it addresses current market challenges.
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