Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
Ares Management Corp (ARES)
Sector: Financial Services; Industry: Asset Management

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. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-01-13 Arougheti Michael J Co-Founder, CEO and President Sell 195,184 $78.16 $15,255,483 No
2021-11-09 deVeer R. Kipp Head of Credit Group Sell 89,354 $85.74 $7,660,941 No
2021-11-02 deVeer R. Kipp Head of Credit Group Sell 101,810 $84.45 $8,597,580 No
2021-06-14 BUSH ANTOINETTE COOK Director Buy 5,106 $58.79 $300,182 No
2021-06-01 McFerran Michael R COO & CFO Sell 100,000 $55.23 $5,523,000 No
2021-05-26 deVeer R. Kipp Head of Credit Group Sell 126,787 $54.62 $6,925,106 Yes
2021-02-19 Rosenthal Bennett Co-Founder & Co-Chair of PEG Sell 49,038 $52.23 $2,561,120 No
2021-02-17 Rosenthal Bennett Co-Founder & Co-Chair of PEG Sell 114,637 $52.70 $6,041,285 No
2021-02-12 Rosenthal Bennett Co-Founder & Co-Chair of PEG Sell 152,975 $51.00 $7,802,082 No
2021-02-10 Rosenthal Bennett Co-Founder & Co-Chair of PEG Sell 83,350 $50.56 $4,214,100 No
2020-12-31 Arougheti Michael J Co-Founder, CEO and President Sell 65,408 $47.25 $3,090,528 No
2020-12-30 Arougheti Michael J Co-Founder, CEO and President Sell 259,592 $48.19 $12,508,778 No
2020-12-15 Arougheti Michael J Co-Founder, CEO and President Sell 130,236 $48.79 $6,353,616 No
2020-12-11 Arougheti Michael J Co-Founder, CEO and President Sell 122,577 $48.41 $5,934,186 No
2020-12-07 KAPLAN DAVID B Co-Founder & Co-Chair of PEG Sell 9,899 $47.05 $465,748 No
2020-12-09 Arougheti Michael J Co-Founder, CEO and President Sell 87,387 $48.29 $4,219,918 No
2020-12-04 KAPLAN DAVID B Co-Founder & Co-Chair of PEG Sell 160,971 $46.63 $7,505,720 No
2020-12-02 KAPLAN DAVID B Co-Founder & Co-Chair of PEG Sell 200,099 $45.58 $9,120,723 No
2020-11-30 KAPLAN DAVID B Co-Founder & Co-Chair of PEG Sell 42,027 $45.14 $1,897,173 No
2020-11-24 KAPLAN DAVID B Co-Founder & Co-Chair of PEG Sell 7,106 $45.10 $320,452 No
2020-11-19 Rosenthal Bennett Co-Founder & Co-Chair of PEG Sell 19,583 $44.88 $878,885 No
2020-11-20 KAPLAN DAVID B Co-Founder & Co-Chair of PEG Sell 15,934 $45.03 $717,471 No
2020-11-18 KAPLAN DAVID B Co-Founder & Co-Chair of PEG Sell 18,674 $45.00 $840,330 No
2020-11-18 Rosenthal Bennett Co-Founder & Co-Chair of PEG Sell 105,417 $44.82 $4,724,402 No
2020-11-11 KAPLAN DAVID B Co-Founder & Co-Chair of PEG Sell 400 $45.25 $18,100 No
2020-11-09 KAPLAN DAVID B Co-Founder & Co-Chair of PEG Sell 29,171 $45.08 $1,315,016 No
2020-11-03 KAPLAN DAVID B Co-Founder & Co-Chair of PEG Sell 200,000 $42.33 $8,465,887 No
2020-10-23 KAPLAN DAVID B Co-Founder & Co-Chair of PEG Sell 300 $45.00 $13,500 No
2020-10-23 Rosenthal Bennett Co-Founder & Co-Chair of PEG Sell 25,224 $44.22 $1,115,438 No
2020-10-21 Rosenthal Bennett Co-Founder & Co-Chair of PEG Sell 99,776 $44.58 $4,448,458 No

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