Ascent Capital Group Inc. (NASDAQ:ASCMA) major shareholder Opportunistic Value Fun Okumus sold 92,706 shares of the business’s stock in a transaction on Monday, November 21st. The stock was sold at an average price of $19.95, for a total transaction of $1,849,484.70. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Shares of Ascent Capital Group Inc. (NASDAQ:ASCMA) traded up 1.07% on Monday, reaching $19.84. 40,826 shares of the company’s stock traded hands. Ascent Capital Group Inc. has a 52-week low of $7.77 and a 52-week high of $26.16. The firm’s 50-day moving average is $21.29 and its 200-day moving average is $19.40. The stock’s market cap is $240.08 million.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its stake in shares of Ascent Capital Group by 4.6% in the second quarter. Dimensional Fund Advisors LP now owns 691,017 shares of the company’s stock worth $10,635,000 after buying an additional 30,477 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Ascent Capital Group by 1.2% in the third quarter. JPMorgan Chase & Co. now owns 638,507 shares of the company’s stock worth $14,793,000 after buying an additional 7,579 shares in the last quarter. BlackRock Fund Advisors boosted its stake in shares of Ascent Capital Group by 9.0% in the third quarter. BlackRock Fund Advisors now owns 287,118 shares of the company’s stock worth $6,653,000 after buying an additional 23,591 shares in the last quarter. First Republic Investment Management Inc. boosted its stake in shares of Ascent Capital Group by 100.0% in the first quarter. First Republic Investment Management Inc. now owns 221,396 shares of the company’s stock worth $3,279,000 after buying an additional 110,681 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Ascent Capital Group by 2.0% in the third quarter. Northern Trust Corp now owns 115,222 shares of the company’s stock worth $2,670,000 after buying an additional 2,309 shares in the last quarter. 85.85% of the stock is owned by hedge funds and other institutional investors.

ASCMA has been the subject of a number of research reports. Zacks Investment Research downgraded shares of Ascent Capital Group from a “hold” rating to a “sell” rating in a research report on Thursday, November 10th. Imperial Capital raised shares of Ascent Capital Group from an “in-line” rating to an “outperform” rating and set a $21.00 price objective for the company in a report on Wednesday, November 9th.

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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