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Jon Isaac, CEO and President of LIVE VENTURES Inc (NASDAQ:LIVE), recently purchased shares of the company’s common stock, according to a Form 4 filing. Between June 23 and June 24, 2025, Isaac bought a total of 36,915 shares in two transactions, spending approximately $320,899. The prices paid ranged from $7.916 to $9.237 per share. The insider buying comes as the stock trades near its 52-week low of $6.25, having declined over 64% in the past year. According to InvestingPro analysis, the stock appears undervalued, trading at just 0.29 times book value.
The filing also indicates that Isaac Capital Group, LLC ("ICG"), of which Jon Isaac is the sole member and manager, acquired 1,528,662 shares of Common Stock underlying a Convertible Note, at a conversion price of $7.85, on April 8, 2025. The note has a maximum credit amount of $12,000,000. InvestingPro subscribers can access 8 additional key insights about LIVE VENTURES, including detailed valuation metrics and financial health scores.
Following these transactions, Isaac directly and indirectly owns 1,611,398 shares of LIVE VENTURES Inc, representing a significant portion of the company’s $27.38 million market capitalization.
In other recent news, Live Ventures Inc. reported a strong financial performance for the first quarter of 2025, with earnings per share reaching $5.50, a significant improvement from a loss of $1.04 in the prior year. The company achieved a revenue of $107 million, despite a decrease of $9.8 million compared to the previous year. Net income rose to $15.9 million, reversing a net loss from the previous year. Live Ventures also benefited from a $22.8 million gain through seller note reductions. The company’s gross margin improved to 32.8%, reflecting better operational efficiency. During the second quarter, Live Ventures continued to face challenges in its flooring segments but reported operational improvements in its retail entertainment and steel manufacturing segments. The company successfully negotiated a $19 million reduction in flooring liquidators seller notes, contributing to its financial gains. Analysts had anticipated lower earnings, but Live Ventures surpassed expectations with an actual EPS of $5.05. The company remains focused on operational excellence and vendor diversification to mitigate potential future risks.
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