Ascent Capital Group, Inc. (ASCMA): William E Niles , Exec VP/Gen Counsel/Secretary of Ascent Capital Group, Inc. sold 1,500 shares on Jul 1, 2016. The Insider selling transaction was reported by the company on Jul 1, 2016 to the Securities and Exchange Commission. The shares were sold at $15.68 per share for a total value of $23,514.45 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, William E Niles (Exec VP/Gen Counsel/Secretary) sold 1,500 shares at $19.14 per share price.On Nov 23, 2015, Philip J Holthouse (director) purchased 2,500 shares at $19.90 per share price.Also, On Nov 16, 2015, Jeffery R Gardner (Executive Vice President) purchased 1,000 shares at $18.10 per share price.On Sep 24, 2015, William R Fitzgerald (CEO) purchased 200 shares at $30.00 per share price.
Ascent Capital Group Inc: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in Ascent Capital Group Inc which led to swings in the share price. The shares opened for trading at $14.75 and hit $15.48 on the upside , eventually ending the session at $15.14, with a gain of 3.84% or 0.56 points. The heightened volatility saw the trading volume jump to 1,48,069 shares. The 52-week high of the share price is $43.81 and the company has a market cap of $193 M . The 52-week low of the share price is at $7.77.
Company has been under the radar of several Street Analysts.Ascent Capital Group Inc is Downgraded by Imperial Capital to In-line and the brokerage firm has set the Price Target at $20. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jun 22, 2016.Ascent Capital Group Inc is Initiated by BB&T Capital Mkts to Hold. The Rating was issued on Jun 16, 2016.
Ascent Capital Group Inc. is a holding company. The Company through its wholly owned subsidiary Monitronics International Inc. (Monitronics) provides security alarm monitoring and related services to residential and business subscribers throughout the United States and parts of Canada. Monitronics monitors signals arising from burglaries fires medical alerts and other events through security systems at subscribers’ premises. 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. Monitronics performs monitoring services for subscribers located in all 50 states the District of Columbia Puerto Rico and Canada.