Ares management CEO Arougheti sells $51.7 million in shares

Ares Management Corp (NYSE:ARES) Co-Founder and CEO Michael J. Arougheti, through Atticus Enterprises LLC, sold a total of 272,509 shares of Class A Common Stock between August 15 and August 19. The sales, executed under a pre-arranged 10b5-1 trading plan, generated approximately $51.7 million. The transaction comes as Ares, now valued at nearly $59 billion, trades at a significant premium with a P/E ratio of 102. According to InvestingPro analysis, the stock is currently trading above its Fair Value, though the company maintains a GOOD overall financial health score.

The shares were sold in multiple transactions with prices ranging from $180.10 to $190.74. On August 15, Arougheti sold 26,823 shares at prices between $187.45 and $188.33, 20,140 shares at prices between $188.47 and $189.44, 4,669 shares at prices between $189.47 and $190.44 and 4,572 shares at prices ranging from $190.48 to $191.28. On August 18, Arougheti sold 15,330 shares at prices between $186.73 and $187.72, 17,176 shares at prices between $187.73 and $188.70, 19,975 shares at prices between $188.74 and $189.73 and 33,071 shares at prices between $189.74 and $190.60. On August 19, Arougheti sold 22,926 shares at prices between $179.51 and $180.50, 34,000 shares at prices between $180.51 and $181.50, 25,542 shares at prices between $181.51 and $182.50, 8,255 shares at prices between $182.51 and $183.48, 9,082 shares at prices between $183.51 and $184.50, 10,497 shares at prices between $184.51 and $185.49, 10,284 shares at prices between $185.51 and $186.50, 11,112 shares at prices between $186.51 and $187.50, 2,871 shares at prices between $187.54 and $188.53 and 1,947 shares at prices between $188.55 and $189.31.

On August 15, Arougheti also converted 590,000 Ares Operating Group Units into Class A Common Stock.

Following these transactions, Arougheti, through Atticus Enterprises LLC, indirectly holds 311,728 shares of Ares Management Corp. Arougheti directly holds 1,400,000 shares of Class A Common Stock. Despite the sale, Ares continues to show robust performance with a 28% total return over the past year. For comprehensive analysis of Ares’s valuation and future prospects, investors can access the detailed Pro Research Report available on InvestingPro, which is part of their coverage of 1,400+ top US stocks.

In other recent news, Ares Management Corporation reported its second-quarter 2025 earnings, showcasing a mixed performance. The company achieved a revenue of $1.35 billion, significantly surpassing the expected $1.04 billion, resulting in a notable 29.81% surprise. However, its earnings per share (EPS) came in at $1.03, which was below the forecasted $1.09. Additionally, Ares Management has launched the Ares Core Infrastructure Fund (AUT) in Australia. This fund aims to provide Australian retail investors access to private infrastructure investments. The Ares Core Infrastructure Fund (ACI), a U.S.-regulated entity, has amassed approximately A$1.8 billion in assets under management as of July 2025. These recent developments highlight Ares Management’s ongoing efforts to expand its investment offerings and financial performance.

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