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

Shares of Ascent Capital Group, Inc. (ASCMA) traded up $0.02 during trading hours on Friday, hitting $10.92. 38,875 shares of the stock were exchanged, compared to its average volume of 47,627. Ascent Capital Group, Inc. has a 1 year low of $8.87 and a 1 year high of $18.31. The company has a debt-to-equity ratio of 11.96, a quick ratio of 1.34 and a current ratio of 1.34.

Large investors have recently modified their holdings of the company. Bank of New York Mellon Corp increased its holdings in shares of Ascent Capital Group by 1.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 56,060 shares of the industrial products company’s stock worth $862,000 after buying an additional 687 shares during the last quarter. Bank of Nova Scotia purchased a new stake in shares of Ascent Capital Group in the 2nd quarter valued at $538,000. Schwab Charles Investment Management Inc. boosted its stake in shares of Ascent Capital Group by 103.2% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 86,938 shares of the industrial products company’s stock valued at $1,336,000 after purchasing an additional 44,153 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Ascent Capital Group by 3.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 910,391 shares of the industrial products company’s stock valued at $13,984,000 after purchasing an additional 27,162 shares in the last quarter. Finally, Thrivent Financial For Lutherans boosted its stake in shares of Ascent Capital Group by 2.1% in the 2nd quarter. Thrivent Financial For Lutherans now owns 53,710 shares of the industrial products company’s stock valued at $825,000 after purchasing an additional 1,090 shares in the last quarter. 80.70% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have recently commented on ASCMA shares. Imperial Capital lowered shares of Ascent Capital Group from an “outperform” rating to an “in-line” rating and decreased their price target for the stock from $17.00 to $13.50 in a report on Friday, August 11th. Zacks Investment Research lowered shares of Ascent Capital Group from a “hold” rating to a “sell” rating in a report on Monday, August 14th. Stifel Nicolaus reissued a “hold” rating and issued a $16.00 price target on shares of Ascent Capital Group in a report on Friday, November 3rd. ValuEngine raised shares of Ascent Capital Group from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Finally, Piper Jaffray Companies set a $14.00 price target on shares of Ascent Capital Group and gave the stock a “hold” rating in a report on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $14.33.

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About Ascent Capital Group

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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