Ascent Capital Group, Inc. (NASDAQ:ASCMA) major shareholder Brigade Leveraged Capital Stru sold 860,000 shares of the company’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $11.00, for a total transaction of $9,460,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Ascent Capital Group, Inc. (NASDAQ ASCMA) traded down $0.43 during mid-day trading on Wednesday, reaching $10.48. 99,700 shares of the company’s stock traded hands, compared to its average volume of 51,576. The company has a debt-to-equity ratio of 11.96, a current ratio of 1.34 and a quick ratio of 1.34. Ascent Capital Group, Inc. has a 12-month low of $8.87 and a 12-month high of $18.31.

Several analysts recently issued reports on the stock. Imperial Capital raised shares of Ascent Capital Group from an “in-line” rating to an “outperform” rating and cut their price target for the company from $13.50 to $13.00 in a report on Friday, November 3rd. Stifel Nicolaus reaffirmed 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, Zacks Investment Research raised shares of Ascent Capital Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 11th. One investment 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 company presently has an average rating of “Hold” and a consensus price target of $14.33.

A number of hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC increased its stake in Ascent Capital Group by 1.3% during the second quarter. Renaissance Technologies LLC now owns 914,700 shares of the industrial products company’s stock valued at $14,050,000 after purchasing an additional 11,500 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Ascent Capital Group by 3.1% during the second 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 during the last quarter. Gamco Investors INC. ET AL increased its stake in Ascent Capital Group by 2.2% during the third quarter. Gamco Investors INC. ET AL now owns 734,286 shares of the industrial products company’s stock valued at $9,575,000 after purchasing an additional 16,085 shares during the last quarter. Vanguard Group Inc. increased its stake in Ascent Capital Group by 2.2% during the first quarter. Vanguard Group Inc. now owns 447,733 shares of the industrial products company’s stock valued at $6,326,000 after purchasing an additional 9,468 shares during the last quarter. Finally, State Street Corp increased its stake in Ascent Capital Group by 3.0% during the second quarter. State Street Corp now owns 228,283 shares of the industrial products company’s stock valued at $3,504,000 after purchasing an additional 6,682 shares during the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

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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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