Ascent Capital Group, Inc. (NASDAQ:ASCMA) VP William E. Niles sold 1,954 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $12.06, for a total transaction of $23,565.24. Following the completion of the sale, the vice president now directly owns 50,817 shares of the company’s stock, valued at approximately $612,853.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Ascent Capital Group, Inc. (NASDAQ:ASCMA) traded down $0.21 during mid-day trading on Tuesday, hitting $11.62. 44,800 shares of the stock traded hands, compared to its average volume of 47,894. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 11.96. Ascent Capital Group, Inc. has a fifty-two week low of $8.87 and a fifty-two week high of $18.39.

Hedge funds have recently made changes to their positions in the company. Cigna Investments Inc. New bought a new position in Ascent Capital Group during the 2nd quarter valued at $159,000. Zacks Investment Management boosted its stake in 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 valued at $180,000 after acquiring an additional 97 shares during the last quarter. Teachers Advisors LLC boosted its stake in Ascent Capital Group by 14.2% during the 2nd quarter. Teachers Advisors LLC now owns 23,260 shares of the industrial products company’s stock valued at $357,000 after acquiring an additional 2,892 shares during the last quarter. Bank of America Corp DE boosted its stake in Ascent Capital Group by 25.1% during the 1st quarter. Bank of America Corp DE now owns 32,238 shares of the industrial products company’s stock valued at $455,000 after acquiring an additional 6,475 shares during the last quarter. Finally, Bank of Nova Scotia bought a new position in Ascent Capital Group during the 2nd quarter valued at $538,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

ASCMA has been the subject of several recent research reports. Zacks Investment Research raised shares of Ascent Capital Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 11th. ValuEngine raised shares of Ascent Capital Group from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st. Stifel Nicolaus reissued a “hold” rating and issued a $16.00 price objective on shares of Ascent Capital Group in a research report on Friday, November 3rd. Imperial Capital raised shares of Ascent Capital Group from an “in-line” rating to an “outperform” rating and dropped their price objective for the stock from $13.50 to $13.00 in a research report on Friday, November 3rd. Finally, Piper Jaffray Companies set a $14.00 price objective on shares of Ascent Capital Group and gave the stock a “hold” rating in a research report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price 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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