Ascent Capital Group, Inc. (ASCMA) Files Form 4 Insider Selling : William E Niles Sells 1,500 Shares

Ascent Capital Group, Inc. (ASCMA): William E Niles , Exec VP/Gen Counsel/Secretary of Ascent Capital Group, Inc. sold 1,500 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $19.14 per share for a total value of $28,713.45 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 3, 2016, William E Niles (Exec VP/Gen Counsel/Secretary) sold 1,500 shares at $14.99 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 1, 2016 heightened volatility was witnessed in Ascent Capital Group Inc which led to swings in the share price. The shares opened for trading at $18.67 and hit $19.65 on the upside , eventually ending the session at $19.12, with a gain of 2.03% or 0.38 points. The heightened volatility saw the trading volume jump to 3,85,246 shares. The 52-week high of the share price is $44.17 and the company has a market cap of $243 M . The 52-week low of the share price is at $7.77.

Ascent Capital Group Inc Money Flow Index Chart

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.

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