CEO Arougheti sells entire 290,997-share stake for $45,274,798.88 across 13 transactions over 6 days
Michael J Arougheti, Ares Management's Co-Founder and CEO, executed 13 separate sales totaling 290,997 shares ($45.3M) between 2025-11-26 and 2025-12-01 at prices ranging from $152.83 to $158.95, with a blended average of $155.59. This represents a complete liquidation of his holdings, reducing post-transaction ownership to 0 shares from 291.0K shares pre-transaction. The timing is notable: Ares trades at $159.51 currently, up 7.3% over 30 days, yet the stock remains down 11.3% over 90 days and 19.5% below its 52-week high of $198.22. Arougheti's cross-ticker track record shows 20 prior sells with a 100.00% well-timed rate at the 90-day mark, though his 90-day average return after sells was -19.2%, indicating the stock typically fell after he sold—a pattern that suggests his exit timing has historically been prescient. The complete liquidation by the company's founder and CEO merits close investor scrutiny regarding his forward-looking view of the business, given both the magnitude of the sale and his demonstrated historical timing accuracy on open-market transactions.