Live Ventures CEO Completes Open Market Share Purchase
Live Ventures Incorporated (Nasdaq: LIVE) announced that CEO Jon Isaac purchased 28,672 shares of common stock for approximately $263,000 on May 28, 2020.
Sentiment and the balance of points
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Rhea-AI Summary
Live Ventures Incorporated (Nasdaq: LIVE) announced that CEO Jon Isaac purchased 28,672 shares of common stock for approximately $263,000 on May 28, 2020. This acquisition reflects Isaac's confidence in the company's future and commitment to its success. Live Ventures, established in 1968, is a diversified holding company with subsidiaries such as Marquis Industries and Vintage Stock, focusing on acquiring profitable companies and offering a range of products, including carpets and entertainment goods.
Positive
- CEO Jon Isaac's purchase of 28,672 shares indicates strong insider confidence in the company's performance.
- The company has a diversified business model through its subsidiaries, reducing risk exposure.
Negative
- None.
Details
News Market Reaction – LIVE
The recorded move for LIVE in the trading session of this news was +0.51%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LAS VEGAS, May 29, 2020 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company, today announced that Jon Isaac, its President and Chief Executive Officer, purchased 28,672 shares of the company’s common stock for a total purchase price of approximately
About Live Ventures
Live Ventures Incorporated, originally incorporated in 1968, is a diversified holding company with several wholly owned subsidiaries and a strategic focus on acquiring profitable companies that have demonstrated a strong history of earnings power. Through its subsidiary Marquis Industries, the company manufactures and sells residential and commercial carpets primarily in North America. Marquis Industries also designs, sources and sells hard-surface flooring. Through its subsidiary Vintage Stock, an award-winning entertainment retailer, the company sells new and pre-owned movies, classic and current generation video games and systems, music on CD & LP, collectible comics, books, toys, and more. Vintage Stock, through its stores and website, ships product worldwide directly to the customer's doorstep. Through its subsidiary ApplianceSmart, the company sells new major household appliances in the United States through a company-owned retail store operating under the name ApplianceSmart®.
Contact:
Live Ventures Incorporated
Tim Matula, Investor Relations
(425) 836-9035
tmatula@liveventures.com
http://liveventures.com
Source: Live Ventures Incorporated
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