--- title: "Ares Management Co. (NYSE:ARES) Insider David B. Kaplan Sells 125,000 Shares" description: "Ares Management Co. insider David B. Kaplan sold 125,000 shares of the stock for a total value of $16,492,500. The company's stock price reached $135.32 during mid-day trading. Ares Management also an" type: "news" locale: "en" url: "https://longbridge.com/en/news/207242532.md" published_at: "2024-06-26T02:13:36.000Z" --- # Ares Management Co. (NYSE:ARES) Insider David B. Kaplan Sells 125,000 Shares > Ares Management Co. insider David B. Kaplan sold 125,000 shares of the stock for a total value of $16,492,500. The company's stock price reached $135.32 during mid-day trading. Ares Management also announced a quarterly dividend of $0.93 per share. Institutional investors have made changes to their positions in the stock. A number of research firms have issued reports on Ares Management, with a consensus rating of "Hold". Ares Management Co. (NYSE:ARES - Get Free Report) insider David B. Kaplan sold 125,000 shares of the company's stock in a transaction on Friday, June 21st. The shares were sold at an average price of $131.94, for a total value of $16,492,500.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Get **Ares Management** alerts: ## Ares Management Stock Performance Shares of ARES traded up $1.47 during mid-day trading on Tuesday, reaching $135.32. The company's stock had a trading volume of 1,598,335 shares, compared to its average volume of 1,151,529. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.70. The stock has a market cap of $41.92 billion, a P/E ratio of 60.68, a PEG ratio of 1.26 and a beta of 1.21. Ares Management Co. has a 1-year low of $90.49 and a 1-year high of $150.12. The business has a 50-day simple moving average of $137.77 and a two-hundred day simple moving average of $130.39. Ares Management (NYSE:ARES - Get Free Report) last released its quarterly earnings results on Thursday, May 2nd. The asset manager reported $0.80 earnings per share for the quarter, missing the consensus estimate of $0.93 by ($0.13). Ares Management had a net margin of 12.86% and a return on equity of 21.22%. The company had revenue of $707.36 million during the quarter, compared to the consensus estimate of $814.88 million. During the same period in the prior year, the company earned $0.71 earnings per share. As a group, equities research analysts anticipate that Ares Management Co. will post 4.25 earnings per share for the current fiscal year. ## Ares Management Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a dividend of $0.93 per share. The ex-dividend date is Friday, June 14th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 2.75%. Ares Management's payout ratio is presently 166.82%. ## Institutional Investors Weigh In On Ares Management Institutional investors have recently made changes to their positions in the stock. Compass Wealth Management LLC acquired a new position in shares of Ares Management in the 1st quarter valued at approximately $28,000. Rise Advisors LLC lifted its stake in Ares Management by 73.9% during the fourth quarter. Rise Advisors LLC now owns 240 shares of the asset manager's stock worth $29,000 after purchasing an additional 102 shares during the last quarter. Riverview Trust Co acquired a new stake in shares of Ares Management in the 1st quarter valued at $29,000. Hartford Financial Management Inc. increased its stake in shares of Ares Management by 47.4% in the 4th quarter. Hartford Financial Management Inc. now owns 280 shares of the asset manager's stock valued at $33,000 after purchasing an additional 90 shares during the last quarter. Finally, West Oak Capital LLC raised its holdings in shares of Ares Management by 66.7% during the 1st quarter. West Oak Capital LLC now owns 250 shares of the asset manager's stock worth $33,000 after buying an additional 100 shares in the last quarter. 50.03% of the stock is currently owned by institutional investors. ## Analyst Upgrades and Downgrades A number of research firms recently issued reports on ARES. JMP Securities reiterated a "market perform" rating on shares of Ares Management in a research note on Tuesday, April 9th. UBS Group upped their price objective on shares of Ares Management from $156.00 to $160.00 and gave the company a "buy" rating in a research report on Friday, April 12th. Jefferies Financial Group lowered their price target on Ares Management from $131.00 to $127.00 and set a "hold" rating on the stock in a research note on Thursday, May 9th. Barclays lowered their price objective on Ares Management from $153.00 to $150.00 and set an "overweight" rating on the stock in a research report on Friday, May 3rd. Finally, TD Cowen raised their target price on Ares Management from $154.00 to $171.00 and gave the stock a "buy" rating in a research report on Wednesday, May 22nd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $130.29. **Read Our Latest Stock Analysis on ARES** ## About Ares Management (Get Free Report) Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. ## Featured Articles - Five stocks we like better than Ares Management - Investing in the High PE Growth Stocks - Chipotle Mexican Grill Stock Split: Where Does it Go From Here? - Stock Market Upgrades: What Are They? - Arm Holdings and Micron: Top 2 AI Stocks to Buy and Hold - About the Markup Calculator - Best Buy Stock May Be Best Bought Before the Holiday Season *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → URGENT: Prepare for Biden’s Digital Dollar NOW (From Golden Crest) (Ad)## Should you invest $1,000 in Ares Management right now? Before you consider Ares Management, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ares Management wasn't on the list. While Ares Management currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [ARES.US - ARES Management LP](https://longbridge.com/en/quote/ARES.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 關鍵事實：ARES Management 預測 2026 年將有強勁的交易，並提供 24 億美元的融資 | Ares Management (ARES) 預計在 2026 年將迎來強勁的交易環境，這得益於強大的交易管道和有利的宏觀經濟背景。Ares Management Corp. 已向 Vantage Data Centers 提供了 24 億 | [Link](https://longbridge.com/en/news/275506252.md) | | Propagate Content 獲得 ARES Management LP 的 5000 萬美元投資，用於發展數字網紅內容 | Propagate Content，以《摩門妻子的秘密生活》而聞名，已獲得來自 ARES Management Sports, Media & Entertainment 的 5000 萬美元投資。這筆資金將用於擴展其數字、製片和創作者代表 | [Link](https://longbridge.com/en/news/275653687.md) | | SaaS 行業的末日來臨？由於對人工智能的恐懼引發了該行業的拋售，私募股權巨頭正在進行反擊 | 最近，由於擔心人工智能可能會削弱 SaaS 和數據提供商股票的相關性，這些股票出現了下跌。包括 Vista Equity Partners 的 Robert Smith 和 Thoma Bravo 的 Holden Spaht 在內的私募股 | [Link](https://longbridge.com/en/news/275939296.md) | | 置地旗下中環告羅士打大廈 獲另類資產管理公司 Ares 擴大辦公空間 | 置地公司宣佈，另類資產管理公司 Ares Management 將在中環告羅士打大廈擴充辦公空間，新增約 12,500 平方呎面積，新租約將於今年 3 月生效。Ares 自 2017 年起租用該大廈，擴展業務顯示置地公司作為金融服務企業的首 | [Link](https://longbridge.com/en/news/272228131.md) | | Ares Management 董事 Ashish Bhutani 報告了普通股的收購 | Ares Management Corporation 的董事 Ashish Bhutani 報告了對該公司 A 類普通股的收購。完整的文件可通過提供的鏈接獲取。此消息由 Public Technologies 生成，僅供參考，不應被視為財 | [Link](https://longbridge.com/en/news/275518106.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.