ARES MANAGEMENT ($ARES) posted quarterly earnings results on Wednesday, February 5th. The company reported earnings of $1.23 per share, missing estimates of $1.32 by $0.09. The company also reported revenue of $1,243,270,000, beating estimates of $1,182,592,080 by $60,677,920.
You can see Quiver Quantitative's $ARES stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
ARES MANAGEMENT Insider Trading Activity
ARES MANAGEMENT insiders have traded $ARES stock on the open market 223 times in the past 6 months. Of those trades, 0 have been purchases and 223 have been sales.
Here’s a breakdown of recent trading of $ARES stock by insiders over the last 6 months:
- DAVID B KAPLAN (Co-Founder) has made 0 purchases and 64 sales selling 500,000 shares for an estimated $79,892,015.
- MICHAEL J AROUGHETI (Co-Founder, CEO and President) has made 0 purchases and 65 sales selling 500,000 shares for an estimated $79,889,875.
- BENNETT ROSENTHAL (Co-Founder & Chairman of PEG) has made 0 purchases and 59 sales selling 500,000 shares for an estimated $79,563,125.
- R. KIPP DEVEER (Head of Credit Group) has made 0 purchases and 11 sales selling 300,000 shares for an estimated $53,146,778.
- RYAN BERRY (Chief Mktg. & Strategy Officer) has made 0 purchases and 24 sales selling 250,000 shares for an estimated $38,973,032.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
ARES MANAGEMENT Hedge Fund Activity
We have seen 375 institutional investors add shares of ARES MANAGEMENT stock to their portfolio, and 266 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BROWN ADVISORY INC added 3,320,404 shares (+3165.6%) to their portfolio in Q3 2024, for an estimated $517,451,759
- MILLENNIUM MANAGEMENT LLC removed 1,583,295 shares (-91.1%) from their portfolio in Q3 2024, for an estimated $246,740,692
- WELLINGTON MANAGEMENT GROUP LLP removed 1,507,058 shares (-8.1%) from their portfolio in Q3 2024, for an estimated $234,859,918
- CLEARBRIDGE INVESTMENTS, LLC added 984,560 shares (+inf%) to their portfolio in Q3 2024, for an estimated $153,433,830
- MORGAN STANLEY added 840,109 shares (+44.2%) to their portfolio in Q3 2024, for an estimated $130,922,586
- ARTISAN PARTNERS LIMITED PARTNERSHIP added 781,900 shares (+inf%) to their portfolio in Q3 2024, for an estimated $121,851,296
- JPMORGAN CHASE & CO added 679,462 shares (+9.0%) to their portfolio in Q3 2024, for an estimated $105,887,358
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
