Ares Management CEO Sells Shares at $181.26, $177.59, $178.23, $179.43, $180.37

Ares Management Corp. announces that Michael J. Arougheti, Director, Co-Founder and Chief Executive Officer, has executed several transactions involving the sale of shares on August 25, 2025. Specifically, he sold 200 shares at a price of $181.26 per share, 15,754 shares at $177.59 per share, 24,233 shares at $178.23 per share, 2,229 shares at $179.43 per share, and 2,344 shares at $180.37 per share.

Title: Ares Management Corp. CEO Michael J. Arougheti Executes Significant Share Sales

Ares Management Corp. has announced that Michael J. Arougheti, the Director, Co-Founder, and Chief Executive Officer, has executed several transactions involving the sale of shares on August 25, 2025. According to a recent SEC filing [1], Arougheti sold 200 shares at $181.26 per share, 15,754 shares at $177.59 per share, 24,233 shares at $178.23 per share, 2,229 shares at $179.43 per share, and 2,344 shares at $180.37 per share.

The total number of shares sold by Arougheti amounts to 49,760 shares, with a combined value of approximately $10,571,976.68. This transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission (SEC) [1].

Following these sales, Arougheti's direct ownership of Ares Management Corp. shares decreased to 533,796 shares, valued at approximately $100,721,967.24. The sale represented a 9.53% decrease in his ownership of the stock [2].

The company's stock price has been fluctuating, with shares trading down $8.85 during mid-day trading on Tuesday, August 19, reaching $180.42. The company's trading volume on this day was 2,409,214 shares, compared to its average volume of 1,260,290 shares. The company's 50-day and 200-day moving averages were $179.08 and $166.24, respectively [2].

Ares Management Corp. recently declared a quarterly dividend of $1.12 per share, effective September 30, with a payout ratio of 258.96%. The dividend yield is 2.5%, and the ex-dividend date is Tuesday, September 16 [2].

Several research firms have weighed in on ARES, with varying target prices and ratings. For instance, Barclays lifted their target price from $182.00 to $200.00, giving the stock an "overweight" rating. Keefe, Bruyette & Woods increased their target price from $193.00 to $203.00, rating it as "outperform." Cfra Research upgraded Ares Management to a "moderate buy" rating. Royal Bank of Canada increased their target price from $195.00 to $215.00, rating it as "outperform." Oppenheimer lowered their rating from "outperform" to "market perform" [2].

Institutional investors have also been active in Ares Management. B. Riley Wealth Advisors Inc. acquired a new stake valued at about $291,000 in the second quarter. Hudson Bay Capital Management LP acquired a new stake valued at about $525,000. Evergreen Capital Management LLC acquired a new stake valued at about $359,000. Captrust Financial Advisors increased its position by 20.5%, now owning 7,201 shares valued at $1,247,000. Vident Advisory LLC increased its position by 3,250.7%, now owning 70,030 shares [2].

References:
[1] https://www.stocktitan.net/sec-filings/ARES/form-4-ares-management-corporation-insider-trading-activity-1d901384ce24.html
[2] https://www.marketbeat.com/instant-alerts/michael-arougheti-sells-56204-shares-of-ares-management-nyseares-stock-2025-08-19/