Ascent Capital Group, Inc. (NASDAQ:ASCMA) VP William E. Niles sold 1,954 shares of Ascent Capital Group stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $11.28, for a total value of $22,041.12. Following the completion of the sale, the vice president now directly owns 48,863 shares in the company, valued at approximately $551,174.64. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Ascent Capital Group, Inc. (NASDAQ ASCMA) traded up $0.02 during trading hours on Monday, hitting $10.92. The stock had a trading volume of 38,800 shares, compared to its average volume of 47,627. The company has a debt-to-equity ratio of 11.96, a quick ratio of 1.34 and a current ratio of 1.34. Ascent Capital Group, Inc. has a fifty-two week low of $8.87 and a fifty-two week high of $18.31.

Several large investors have recently made changes to their positions in the company. Schwab Charles Investment Management Inc. raised its position in shares of Ascent Capital Group by 82.1% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 158,329 shares of the industrial products company’s stock worth $2,065,000 after purchasing an additional 71,391 shares during the last quarter. Gamco Investors INC. ET AL raised its position in shares of Ascent Capital Group by 2.2% during the 3rd quarter. Gamco Investors INC. ET AL now owns 734,286 shares of the industrial products company’s stock worth $9,575,000 after purchasing an additional 16,085 shares during the last quarter. Bank of Nova Scotia acquired a new position in shares of Ascent Capital Group during the 2nd quarter worth approximately $538,000. State Street Corp raised its position in shares of Ascent Capital Group by 3.0% during the 2nd quarter. State Street Corp now owns 228,283 shares of the industrial products company’s stock worth $3,504,000 after purchasing an additional 6,682 shares during the last quarter. Finally, Zacks Investment Management raised its position in shares of Ascent Capital Group by 0.8% during the 2nd quarter. Zacks Investment Management now owns 11,691 shares of the industrial products company’s stock worth $180,000 after purchasing an additional 97 shares during the last quarter. 80.70% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have recently commented on ASCMA. Zacks Investment Research raised Ascent Capital Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 11th. ValuEngine raised Ascent Capital Group from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Imperial Capital raised Ascent Capital Group from an “in-line” rating to an “outperform” rating and decreased their price target for the stock from $13.50 to $13.00 in a research note on Friday, November 3rd. Finally, Stifel Nicolaus reissued a “hold” rating and set a $16.00 price target on shares of Ascent Capital Group in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Ascent Capital Group presently has an average rating of “Hold” and a consensus price target of $14.33.

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Ascent Capital Group Company Profile

Ascent Capital Group, Inc is a holding company. The Company’s subsidiaries include Monitronics International, Inc (MONI) and LiveWatch Security, LLC (LiveWatch). The Company’s segments include MONI, LiveWatch and Other Activities. The MONI segment is primarily engaged in the business of providing security alarm monitoring services: monitoring signals arising from burglaries, fires, medical alerts and other events through security systems at subscribers’ premises, as well as providing customer service and technical support.

Insider Buying and Selling by Quarter for Ascent Capital Group (NASDAQ:ASCMA)

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