Ascent Capital Group Inc. (NASDAQ:ASCMA) major shareholder Opportunistic Value Fun Okumus sold 13,398 shares of Ascent Capital Group stock in a transaction on Friday, November 25th. The stock was sold at an average price of $19.90, for a total transaction of $266,620.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Opportunistic Value Fun Okumus also recently made the following trade(s):

  • On Monday, November 21st, Opportunistic Value Fun Okumus sold 92,706 shares of Ascent Capital Group stock. The stock was sold at an average price of $19.95, for a total transaction of $1,849,484.70.

Ascent Capital Group Inc. (NASDAQ:ASCMA) opened at 17.68 on Wednesday. The firm’s market cap is $213.95 million. Ascent Capital Group Inc. has a one year low of $7.77 and a one year high of $26.16. The stock’s 50 day moving average is $20.65 and its 200 day moving average is $19.67.

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

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A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of Ascent Capital Group from a “sell” rating to a “hold” rating in a report on Tuesday. Imperial Capital raised shares of Ascent Capital Group from an “in-line” rating to an “outperform” rating and set a $21.00 price target for the company in a report on Wednesday, November 9th.

Hedge funds have recently made changes to their positions in the company. 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 valued at $10,635,000 after buying an additional 30,477 shares during 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 valued at $14,793,000 after buying an additional 7,579 shares during 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 valued at $6,653,000 after buying an additional 23,591 shares during 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 valued at $3,279,000 after buying an additional 110,681 shares during 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 valued at $2,670,000 after buying an additional 2,309 shares during the last quarter. Institutional investors own 84.40% of the company’s stock.

About Ascent Capital Group

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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