Insider Selling: Edible Garden (NASDAQ:EDBL) Major Shareholder Sells 537,670 Shares

Posted by Francis Steltz on Jul 9th, 2026

Edible Garden AG Incorporated (NASDAQ:EDBL – Get Free Report) major shareholder Financial Lp Hrt sold 537,670 shares of Edible Garden stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $0.10, for a total transaction of $53,767.00. Following the sale, the insider owned 322,311 shares in the company, valued at approximately $32,231.10. This represents a 62.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

On Monday, July 6th, Financial Lp Hrt bought 49,552 shares of Edible Garden stock. The shares were acquired at an average cost of $0.12 per share, for a total transaction of $5,946.24.
On Thursday, July 2nd, Financial Lp Hrt purchased 100,778 shares of Edible Garden stock. The stock was acquired at an average price of $0.13 per share, with a total value of $13,101.14.
On Wednesday, July 1st, Financial Lp Hrt purchased 266,482 shares of Edible Garden stock. The shares were acquired at an average cost of $0.17 per share, with a total value of $45,301.94.

Edible Garden Stock Performance

Shares of EDBL stock remained flat at $0.12 during trading hours on Thursday. 188,689,087 shares of the stock traded hands, compared to its average volume of 10,687,524. The stock has a market cap of $634,520.00, a PE ratio of -0.00 and a beta of 1.70. The firm has a 50 day moving average price of $0.26 and a 200 day moving average price of $2.51. Edible Garden AG Incorporated has a 12-month low of $0.08 and a 12-month high of $27.80.

Edible Garden (NASDAQ:EDBL – Get Free Report) last issued its quarterly earnings data on Friday, May 15th. The company reported ($5.25) earnings per share for the quarter. The company had revenue of $3.34 million for the quarter.

Institutional Trading of Edible Garden

An institutional investor recently bought a new position in Edible Garden stock. Armistice Capital LLC acquired a new stake in Edible Garden AG Incorporated (NASDAQ:EDBL – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 222,072 shares of the company’s stock, valued at approximately $135,000. Armistice Capital LLC owned approximately 37.64% of Edible Garden as of its most recent SEC filing. Hedge funds and other institutional investors own 12.99% of the company’s stock.

Wall Street Analysts Forecast Growth

EDBL has been the subject of several recent research reports. Maxim Group decreased their price target on Edible Garden to $1.00 and set a “buy” rating for the company in a research note on Monday, June 15th. Weiss Ratings raised Edible Garden from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, June 26th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $1.00.

Check Out Our Latest Report on EDBL

About Edible Garden

(Get Free Report)

Edible Garden AG, trading on the Nasdaq under the ticker EDBL, is a technology-enabled agriculture company specializing in the design, construction and operation of hydroponic greenhouse farms. By leveraging controlled-environment agriculture techniques and proprietary automation systems, the company produces a range of leafy greens and salad‐related vegetables, including branded Salanova products, for wholesale distribution to retailers, food service operators and distributors.

In addition to farm ownership and produce cultivation, Edible Garden develops and licenses its modular greenhouse technology and cultivation methods to third parties.