Live Ventures CEO Announces Purchase of 55,796 Shares of the Company’s Common Stock in the Open Market
Rhea-AI Summary
Live Ventures (Nasdaq: LIVE) announced that CEO Jon Isaac has purchased 55,796 shares of company common stock through open market transactions, valued at approximately $385,000. The acquisitions were made between March 25-27, 2025, and have been reported in a Form 4 filing with the SEC.
Isaac expressed confidence in the long-term strength of the company's businesses, stating the investment demonstrates his belief in creating shareholder value. Live Ventures operates as a diversified holding company focusing on value-oriented acquisitions of domestic middle-market companies, with current portfolio including businesses in textile, flooring, tools, steel, and entertainment industries.
Positive
- CEO's significant insider buying of $385,000 worth of shares signals management confidence
- Diversified business portfolio across multiple stable industries reduces market risk
Negative
- None.
News Market Reaction – LIVE
In the trading session that priced this news, LIVE gained 7.55%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LAS VEGAS, March 28, 2025 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced that Jon Isaac, its President and Chief Executive Officer, acquired 55,796 shares of the Company’s common stock in open market transactions valued at approximately
“I remain confident in the long-term strength of our businesses,” commented Jon Isaac, President and Chief Executive Officer of Live Ventures. “This investment reflects my belief in the value we are creating for our shareholders.”
The purchases were made on March 25, 26, and 27, 2025, the details of which are reflected in a Form 4 filed with the Securities and Exchange Commission.
Forward-Looking and Cautionary Statements
The use of the word “Company” refers to Live Ventures and its wholly owned subsidiaries. Certain statements in this press release contain or may suggest “forward-looking” information within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, each as amended, that are intended to be covered by the “safe harbor” created by those sections. Words such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar statements are intended to identify forward-looking statements. Live Ventures may also make forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission on Forms 10-K and 10-Q, Current Reports on Form 8-K, in its annual report to stockholders, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate and there are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company, including, but not limited to, plans and objectives of management for future operations or products, the market acceptance or future success of our products, and our future financial performance. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2024. Additionally, new risk factors emerge from time to time, and it is not possible for us to predict all such risk factors, or to assess the impact such risk factors might have on our business. Live Ventures undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
About Live Ventures Incorporated
Live Ventures is a diversified holding company with a strategic focus on value-oriented acquisitions of domestic middle-market companies. Live Ventures’ acquisition strategy is sector-agnostic and focuses on well-run, closely held businesses with a demonstrated track record of earnings growth and cash flow generation. The Company looks for opportunities to partner with management teams of its acquired businesses to build increased stockholder value through a disciplined buy-build-hold long-term focused strategy. Live Ventures was founded in 1968. In late 2011, Jon Isaac, Chief Executive Officer and strategic investor, joined the Company's Board of Directors and later refocused it into a diversified holding company. The Company’s current portfolio of diversified operating subsidiaries includes companies in the textile, flooring, tools, steel, and entertainment industries.
Contact:
Live Ventures Incorporated
Greg Powell, Director of Investor Relations
725.500.5597
gpowell@liveventures.com
www.liveventures.com
Source: Live Ventures Incorporated
