Ares Management Corp (ARES) Co-Founder, CEO and President Michael J Arougheti Sold $12. ...

- By insider

Co-Founder, CEO and President of Ares Management Corp (30-Year Financial, Insider Trades) Michael J Arougheti (insider trades) sold 259,592 shares of ARES on 12/30/2020 at an average price of $48.19 a share. The total sale was $12.5 million.

• Warning! GuruFocus has detected 12 Warning Signs with ARES. Click here to check it out.

• ARES 15-Year Financial Data

• The intrinsic value of ARES

• Peter Lynch Chart of ARES

Ares Management LP is a global alternative asset manager. It offers its investor a range of investment strategies and seeks to deliver attractive performance to a growing investor base. Ares Management Corp has a market cap of $6.86 billion; its shares were traded at around $47.690000 with a P/E ratio of 88.32 and P/S ratio of 4.47. The dividend yield of Ares Management Corp stocks is 3.35%. GuruFocus has detected 5 severe warning signs with Ares Management Corp. .

CEO Recent Trades:

• Co-Founder, CEO and President Michael J Arougheti sold 259,592 shares of ARES stock on 12/30/2020 at the average price of $48.19. The price of the stock has decreased by 1.04% since.

• Co-Founder, CEO and President Michael J Arougheti sold 130,236 shares of ARES stock on 12/15/2020 at the average price of $48.79. The price of the stock has decreased by 2.25% since.

• Co-Founder, CEO and President Michael J Arougheti sold 122,577 shares of ARES stock on 12/11/2020 at the average price of $48.41. The price of the stock has decreased by 1.49% since.

• Co-Founder, CEO and President Michael J Arougheti sold 87,387 shares of ARES stock on 12/09/2020 at the average price of $48.29. The price of the stock has decreased by 1.24% since.

Directors and Officers Recent Trades:

• Co-Founder & Co-Chair of PEG David B Kaplan sold 9,899 shares of ARES stock on 12/07/2020 at the average price of $47.05. The price of the stock has increased by 1.36% since.

• Co-Founder & Co-Chair of PEG David B Kaplan sold 160,971 shares of ARES stock on 12/04/2020 at the average price of $46.63. The price of the stock has increased by 2.27% since.

• Co-Founder & Co-Chair of PEG David B Kaplan sold 200,099 shares of ARES stock on 12/02/2020 at the average price of $45.58. The price of the stock has increased by 4.63% since.

For the complete insider trading history of ARES, click here

.This article first appeared on GuruFocus.