ARES Management Reduces Stake in Clear Channel Outdoor Holdings Inc.

ARES Management LLC has reduced its stake in Clear Channel Outdoor Holdings Inc by selling 14.6 million shares at $1.16 per share. The firm now holds 41.2 million shares, representing an 8.29% stake in the company. The transaction reflects the firm's ongoing portfolio management and investment strategy adjustments. Clear Channel Outdoor Holdings Inc is a leading provider of out-of-home advertising solutions, primarily operating in the USA. The company offers advertisers opportunities to reach mass audiences through its diverse portfolio of assets, including roadside billboards, street furniture, and airport displays. The majority of its revenue is generated from the America segment, with a market capitalization of $690.848 million. The company is currently trading at $1.39, with a GF Score of 67/100, indicating poor future performance potential.

On September 10, 2025, ARES Management LLC sold 13 million shares of Clear Channel Outdoor Holdings Inc. (NYSE:CCO) at an average price of $1.13 per share, totaling $14.69 million. This transaction marks a significant reduction in ARES Management's ownership, which now stands at 41.2 million shares, representing an 8.29% stake in the company Ares Management Llc Sells 13,000,000 Shares of Clear Channel Outdoor (NYSE:CCO) Stock^[1].

The sale comes amidst a period of ongoing portfolio management and investment strategy adjustments by ARES Management. Clear Channel Outdoor Holdings Inc., a leading provider of out-of-home advertising solutions, primarily operates in the USA. The company offers advertisers opportunities to reach mass audiences through its diverse portfolio of assets, including roadside billboards, street furniture, and airport displays. The majority of its revenue is generated from the America segment, with a market capitalization of $690.848 million.

Following the sale, Clear Channel Outdoor shares rose by 4.7% to $1.33, with a market cap of approximately $661 million. The company recently reported revenue exceeding analysts' estimates, signaling a positive outlook despite the insider sale. Analysts have mixed opinions on the stock, with a consensus rating of "Hold" and an average target price of $1.95.

Several institutional investors and hedge funds have recently modified their holdings of Clear Channel Outdoor. Squarepoint Ops LLC, Tower Research Capital LLC, Lazard Asset Management LLC, Engineers Gate Manager LP, and Brevan Howard Capital Management LP have all increased their stakes in the company. Jackson Square Capital LLC also acquired 5,900 shares of Ares Management Corporation, indicating continued interest from institutional investors Jackson Square Capital LLC Purchases New Shares in Ares Management Corporation $ARES^[2].

In summary, ARES Management LLC's reduction in stake in Clear Channel Outdoor Holdings Inc. reflects its ongoing portfolio management strategy. The company continues to attract institutional investors, with mixed analyst sentiment and a recent earnings report showing revenue exceeding estimates.