LIVE VENTURES Inc: insider trades · United States · SEC (Form 4)

About LIVE VENTURES Inc

Live Ventures Incorporated is a diversified holding company listed on the Nasdaq Capital Market (Nasdaq) in the United States. For French-speaking investors, it is best understood not as a single-business company but as an acquisition-driven portfolio of niche operating businesses built through a long-term buy-build-hold strategy. The company was originally incorporated in 1968 as Nuclear Corporation of New Mexico, later went through several strategic pivots, and was ultimately refocused under CEO and strategic investor Jon Isaac. Its corporate base is in Las Vegas, Nevada, United States. Live Ventures’ business model combines several operating verticals. Through Vintage Stock, the company participates in retail entertainment and buy-sell-trade commerce, selling and trading new and pre-owned movies, video games, music, electronics, and collectibles. It also has exposure to retail flooring via Flooring Liquidators, along with flooring manufacturing and steel manufacturing operations. This mix makes the group a diversified U.S. industrial and retail holding company rather than a conventional consumer or manufacturing pure play. The company’s competitive position is built around acquiring well-run, closely held middle-market businesses that generate earnings and cash flow. Management presents the platform as sector-agnostic, which means it can move opportunistically across industries, though in practice it has built meaningful exposure to cyclical segments such as flooring and steel. A key feature of the organization is its decentralized structure: subsidiaries operate with limited day-to-day intervention from headquarters, while the parent company focuses on capital allocation, oversight, and governance. That can preserve entrepreneurial culture at the operating-company level, but it also reduces the scope for centralized synergies. Geographically, Live Ventures is overwhelmingly U.S.-centric, with its operating footprint concentrated in the United States and a corporate headquarters in Las Vegas. Recent disclosures show a business that is still actively optimizing its portfolio. In fiscal second quarter 2026, Live Ventures reported revenue of about $102.9 million, with stronger performance in retail entertainment and improvements in flooring manufacturing, partly offset by weakness in retail flooring and a non-cash goodwill impairment in steel manufacturing. Management has highlighted cost-reduction programs, operational improvements, and even a broader effort to integrate AI across business units. For equity investors, LIVE remains a small-cap, higher-complexity holding company with cyclical earnings exposure, but also with a track record of acquisitions and active portfolio management.