Ascent Capital Group Inc. (NASDAQ:ASCMA) major shareholder Opportunistic Value Fun Okumus sold 13,398 shares of the firm’s stock in a transaction dated Friday, November 25th. The stock was sold at an average price of $19.90, for a total value of $266,620.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions 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 value of $1,849,484.70.

Shares of Ascent Capital Group Inc. (NASDAQ:ASCMA) opened at 17.68 on Wednesday. Ascent Capital Group Inc. has a 12 month low of $7.77 and a 12 month high of $26.16. The firm’s market cap is $213.95 million. The company has a 50-day moving average price of $20.65 and a 200-day moving average price of $19.67.

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

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A number of equities research analysts have recently commented on the company. Zacks Investment Research lowered Ascent Capital Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 11th. Imperial Capital raised their price target on Ascent Capital Group from $20.00 to $21.00 and gave the stock a “hold” rating in a research report on Thursday, August 11th.

Several hedge funds have recently modified their holdings of ASCMA. Acrospire Investment Management LLC increased its stake in shares of Ascent Capital Group by 78.2% in the second quarter. Acrospire Investment Management LLC now owns 6,584 shares of the company’s stock valued at $101,000 after buying an additional 2,890 shares during the period. Panagora Asset Management Inc. increased its stake in shares of Ascent Capital Group by 291.7% in the second quarter. Panagora Asset Management Inc. now owns 7,263 shares of the company’s stock valued at $112,000 after buying an additional 5,409 shares during the period. BlackRock Inc. increased its stake in shares of Ascent Capital Group by 719.6% in the second quarter. BlackRock Inc. now owns 8,270 shares of the company’s stock valued at $127,000 after buying an additional 7,261 shares during the period. BlackRock Advisors LLC increased its stake in shares of Ascent Capital Group by 12.8% in the third quarter. BlackRock Advisors LLC now owns 7,025 shares of the company’s stock valued at $163,000 after buying an additional 795 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Ascent Capital Group during the third quarter valued at approximately $181,000. 84.40% 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 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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