Ascent Capital Group Inc. (NASDAQ:ASCMA) VP William E. Niles sold 1,000 shares of the business’s stock in a transaction dated Monday, October 3rd. The shares were sold at an average price of $23.31, for a total value of $23,310.00. Following the sale, the vice president now directly owns 60,908 shares of the company’s stock, valued at approximately $1,419,765.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Ascent Capital Group Inc. (NASDAQ:ASCMA) opened at 22.81 on Monday. Ascent Capital Group Inc. has a 12 month low of $7.77 and a 12 month high of $31.56. The stock’s market cap is $282.02 million. The stock has a 50 day moving average price of $22.56 and a 200 day moving average price of $18.10.

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

A number of equities research analysts have issued reports on ASCMA shares. Imperial Capital downgraded Ascent Capital Group from an “outperform” rating to an “in-line” rating and set a $20.00 price target for the company. in a research report on Wednesday, June 22nd. Zacks Investment Research raised Ascent Capital Group from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research report on Friday, August 12th. Finally, BB&T Corp. started coverage on Ascent Capital Group in a research report on Thursday, June 16th. They set a “hold” rating for the company.

Several hedge funds have recently added to or reduced their stakes in ASCMA. Acadian Asset Management LLC raised its stake in Ascent Capital Group by 4.9% in the second quarter. Acadian Asset Management LLC now owns 13,210 shares of the company’s stock worth $203,000 after buying an additional 614 shares during the last quarter. Metropolitan Life Insurance Co. NY raised its stake in Ascent Capital Group by 8.7% in the first quarter. Metropolitan Life Insurance Co. NY now owns 10,447 shares of the company’s stock worth $155,000 after buying an additional 840 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in Ascent Capital Group by 6.1% in the second quarter. State Board of Administration of Florida Retirement System now owns 18,198 shares of the company’s stock worth $280,000 after buying an additional 1,043 shares during the last quarter. State Street Corp raised its stake in Ascent Capital Group by 1.0% in the first quarter. State Street Corp now owns 234,095 shares of the company’s stock worth $3,465,000 after buying an additional 2,272 shares during the last quarter. Finally, Acrospire Investment Management LLC raised its stake in Ascent Capital Group by 78.2% in the second quarter. Acrospire Investment Management LLC now owns 6,584 shares of the company’s stock worth $101,000 after buying an additional 2,890 shares during the last quarter. Institutional investors own 84.46% of the company’s stock.

Ascent Capital Group Company Profile

Ascent Capital Group, Inc is a holding company. The Company’s segments include Monitronics, LiveWatch and Other Activities. The Company’s subsidiaries include Monitronics International, Inc (Monitronics) and LiveWatch Security, LLC (LiveWatch). Monitronics provides a range of residential security services, including hands-free two-way interactive voice communication with the monitoring center, cellular options, and an interactive service option, which allows the customer to control their security system remotely using a computer or smart phone.

5 Day Chart for NASDAQ:ASCMA

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