Ascent Capital Group Inc. (NASDAQ:ASCMA) shares fell 3.2% on Tuesday . The stock traded as low as $24.70 and last traded at $24.84, with a volume of 66,277 shares changing hands. The stock had previously closed at $25.65.

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

The firm’s market capitalization is $288.95 million. The company’s 50-day moving average is $19.75 and its 200-day moving average is $16.44.

In other news, VP William E. Niles sold 1,500 shares of Ascent Capital Group stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of $16.85, for a total transaction of $25,275.00. Following the completion of the transaction, the vice president now directly owns 63,408 shares of the company’s stock, valued at approximately $1,068,424.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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.

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