R. Kipp deVeer, Head of Credit Group at Ares Management Corp (ARES), sold 416,758 shares at $136.47 ($56.6M) on 2024-02-14, disclosed to the SEC on 2024-02-16.
Seasonal sale ($56.6M) by Head of Credit Group — this insider has traded ARES in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $136.47 | 82,796 | $11.3M | 20.0% |
| 2 | $136.47 | 82,796 | $11.3M | 20.0% |
| 3 | $135.28 | 41,073 | $5.6M | 9.8% |
| 4 | $135.28 | 41,073 | $5.6M | 9.8% |
| 5 | $136.00 | 6,940 | $944K | 1.7% |
| 6 | $136.69 | 403 |
| $55K |
| 0.1% |
| 7 | $136.69 | 403 | $55K | 0.1% |
| 8 | $135.02 | 45,958 | $6.2M | 11.0% |
| 9 | $135.02 | 45,958 | $6.2M | 11.0% |
| 10 | $135.55 | 34,679 | $4.7M | 8.3% |
| 11 | $135.55 | 34,679 | $4.7M | 8.3% |
| Total | $135.76 avg | 416,758 | $56.6M | 100% |
| Filing → |
| ARES | SELL | 2024-07-23 | $12.5M | — | Filing → |
| ARES | SELL | 2023-09-11 | $17.1M | — | Filing → |
| ARES | SELL | 2023-08-10 | $40.1M | — | Filing → |