Ascent Capital Group, Inc. (NASDAQ:ASCMA) EVP Jeffery R. Gardner acquired 1,000 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was bought at an average cost of $12.11 per share, with a total value of $12,110.00. Following the purchase, the executive vice president now owns 93,835 shares in the company, valued at $1,136,341.85. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Ascent Capital Group, Inc. (ASCMA) traded down $0.33 during mid-day trading on Monday, hitting $12.01. 29,200 shares of the stock traded hands, compared to its average volume of 48,990. Ascent Capital Group, Inc. has a 12-month low of $8.87 and a 12-month high of $20.81. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 11.96.

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Several brokerages recently commented on ASCMA. ValuEngine downgraded shares of Ascent Capital Group from a “sell” rating to a “strong sell” rating in a research note on Monday, August 7th. Piper Jaffray Companies set a $14.00 price objective on shares of Ascent Capital Group and gave the company a “hold” rating in a research note on Thursday, August 10th. Zacks Investment Research raised shares of Ascent Capital Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Imperial Capital downgraded shares of Ascent Capital Group from an “outperform” rating to an “in-line” rating and dropped their price target for the company from $17.00 to $13.50 in a research note on Friday, August 11th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $16.00 price target on shares of Ascent Capital Group in a research note on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $14.33.

Hedge funds have recently added to or reduced their stakes in the company. Cigna Investments Inc. New bought a new position in shares of Ascent Capital Group during the second quarter valued at $159,000. Zacks Investment Management raised its stake in shares of Ascent Capital Group by 0.8% during the second quarter. Zacks Investment Management now owns 11,691 shares of the industrial products company’s stock valued at $180,000 after acquiring an additional 97 shares during the last quarter. First Quadrant L P CA bought a new position in shares of Ascent Capital Group during the second quarter valued at $270,000. Teachers Advisors LLC raised its stake in shares of Ascent Capital Group by 14.2% during the second quarter. Teachers Advisors LLC now owns 23,260 shares of the industrial products company’s stock valued at $357,000 after acquiring an additional 2,892 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Ascent Capital Group by 25.1% during the first quarter. Bank of America Corp DE now owns 32,238 shares of the industrial products company’s stock valued at $455,000 after acquiring an additional 6,475 shares during the last quarter. 79.52% of the stock is owned by hedge funds and other institutional investors.

Ascent Capital Group Company Profile

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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