ARES Michael J Arougheti sells $25.1M worth of shares
May 23, 2025, 4:35 AM
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What does ARES do
Ares Management, based in Los Angeles, offers investment and consultancy services with 2,850 employees and went public on May 2, 2014. It operates through five segments: Credit, Private Equity, Real Assets, Secondaries, and Other.
Michael J Arougheti sold 150,000 shares of ARES on 20 May at $167.59 per share, worth a total of $25.1M. They now own 169,010 ARES shares, or a 58% holding decrease.
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