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EdgarHawk

Arougheti Michael J

Co-Founder and CEO

Director Officer
16 filings analyzed · 1 company · Latest 2025-12-01

Companies

Company Buys Sells Direction
Ares Management Corp ARES 0 147 Net selling

Activity

December 2025
2025-12-01 Ares Management Corp ARES
critical
Sell
290,997 shares
$45,274,799
Significance 8/10

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.

November 2025
2025-11-25 Ares Management Corp ARES
high
Sell
299,003 shares
$45,380,330
Significance 8/10

Ares CEO Arougheti sold 299,003 shares for $45.4M across 5 transactions (Nov 24–25), reducing holdings by 50.7%.

Michael J. Arougheti, Co-Founder and CEO of Ares Management (ARES), executed five separate sales totaling 299,003 shares for $45,380,329.95 on November 24–25, 2025, at prices ranging from $150.15 to $153.29, reducing his holdings from 590,000 shares to 291.0K shares—a net reduction of 50.7%. The sale occurred near the stock's recent high, with ARES trading at $152.87 currently, down 22.9% from its 52-week high of $198.22 and down 14.8% over the past 90 days. Notably, his prior five sales at this ticker, all executed on 2025-08-25, were each followed by negative 90-day returns (ranging from -5.3% to -7.2%), establishing a consistent pattern of well-timed exits at ARES specifically. This current filing represents a material reduction in the CEO's direct ownership stake and merits investor scrutiny of the underlying strategic or operational context for such a substantial divestiture.

August 2025
2025-08-26 Ares Management Corp ARES
high
Sell
44,760 shares
$7,975,789
Significance 8/10

CEO Michael Arougheti sells entire 44,760-share ARES stake in 5 transactions totaling $7,975,789.20 on 2025-08-25

Michael Arougheti, Co-Founder and CEO, sold his complete remaining position of 44,760 shares through 5 separate open-market transactions on 2025-08-25, realizing $7,975,789.20 at a blended average price of $178.19. The sequential execution at ascending prices—from $177.59 to $181.26—across a single trading day eliminated his entire ARES equity stake, leaving zero shares post-transaction. This follows recent selling activity at the same company on 2025-08-22 with multiple transactions, indicating sustained liquidation of founder-level holdings. At $178.93 current price, the stock trades -9.7% below its 52-week high ($198.22) and down -3.9% over 30 days, though up +9.1% over 90 days, providing context on the market environment during this final exit.

2025-08-22 Ares Management Corp ARES
high
Sell
266,968 shares
$47,957,144
Significance 8/10

ARES CEO Arougheti sold 266,968 shares (85.6% of holdings) for $47,957,144.15 over three days ending 2025-08-22

Michael J Arougheti, Co-Founder and CEO of Ares Management Corp, executed 12 separate sales totaling 266,968 shares for $47,957,144.15 from 2025-08-20 through 2025-08-22, reducing his holdings from 311,728 shares to 44,760 shares. This represents a 85.6% reduction in his pre-transaction shareholding. The sales occurred across a narrow price range ($176.71 to $183.63 per share, blended average $179.64), suggesting deliberate execution rather than distressed selling. With the stock currently at $181.07, near the top of the 52-week range and up 13.0% over 90 days, Arougheti's near-complete exit of his founder position stands out as a material shift in insider exposure to the company, warranting attention to any accompanying corporate disclosures or strategic announcements.

2025-08-19 Ares Management Corp ARES
high
Sell
278,272 shares
$51,725,056
Significance 7/10

CEO Michael Arougheti sold 278,272 shares of ARES for $51,725,056.22 across 18 trades over 3 days.

Michael Arougheti, Co-Founder and CEO of Ares Management, executed 18 separate sales totaling 278,272 shares for $51,725,056.22 over three trading days (August 15–19, 2025) at a blended average price of $185.88. This represents a -47.2% reduction of his pre-transaction holdings, leaving him with 311,728 shares post-transaction. The sales span a price range of $180.10–$190.74, with the current stock price at $180.59, down -8.9% from the 52-week high of $198.22. Notably, his prior five sales at ARES (executed on 2025-05-21) all posted positive 90-day returns (+9.8% to +13.4%), indicating that recent timing at this ticker has been poor—the stock rose after those May sells rather than falling. This current filing shows a substantial disposition of founder equity; investors should evaluate whether this reflects revaluation of the company's prospects or portfolio management unrelated to operational confidence.

May 2025
2025-05-22 Ares Management Corp ARES
high
Sell
257,500 shares
$42,299,762
Significance 8/10

CEO Arougheti sells entire 257,500-share stake in ARES for $42.3M across two days (May 20-21)

Arougheti Michael J, Co-Founder and CEO of Ares Management, executed 9 separate sales totaling 257,500 shares for $42,299,761.58 across May 20–21, liquidating his entire shareholding (−100.0% vs pre-transaction holdings). The blended average price of $164.27 reflects sales ranging from $159.25 to $167.59. This complete exit by the company's co-founder and chief executive—a role that typically carries maximum information asymmetry—removes a major insider holder and signals either a fundamental shift in his conviction or a life-event timing (estate planning, diversification mandate). His cross-ticker track record shows a 100.00% well-timed rate on 20 prior sells, suggesting discipline in exit timing historically, though same-ticker outcomes at ARES remain unmeasurable due to recency. The timing coincides with the stock trading 12.8% higher over the prior 30 days and 19.3% below its 52-week high of $198.22, within a stock that trades at a 37.71 P/E on 14.0% annual revenue growth—not an obvious distress signal.

2025-05-19 Ares Management Corp ARES
high
Sell
332,500 shares
$56,406,351
Significance 7/10

CEO Michael Arougheti sold 332,500 shares ($56.4M) at Ares Management over 3 days

Michael Arougheti, Co-Founder and CEO of Ares Management, executed 12 separate sales totaling 332,500 shares for $56,406,351.15 across May 15–19, 2025, at prices ranging from $166.68 to $173.16 and a blended average of $169.64. This sale reduced his holdings by 56.4% from 590,000 to 257,500 shares, representing a substantial reduction in direct equity stake. The current price of $168.64 is 14.9% below the 52-week high of $198.22, and his cross-ticker track record shows a 93.75% well-timed rate on prior sells (90-day negative returns), though the timing pattern at ARES specifically has been mixed; recent March 2025 sales at this ticker showed 30-day declines of 3.4% to 5.0%. Investors should note that the FLAG indicates derivative securities conversion activity is present in this filing (Table II), meaning his total position cannot be fully characterized from the reported Table I shares alone.

March 2025
2025-03-26 Ares Management Corp ARES
high
Sell
110,845 shares
$16,977,649
Significance 6/10

CEO Arougheti sells 110,845 shares of ARES for $16,977,648.72 in 4 transactions on 2025-03-24

Arougheti Michael J, Co-Founder and CEO of Ares Management, executed 4 separate sales totaling 110,845 shares for $16,977,648.72 (blended average $153.17 per share) on 2025-03-24, reducing his holdings by 7.3% to 1,400,000 shares. At the current price of $153.28, the stock trades -22.7% from its 52-week high of $198.22 and has declined -9.2% over the past 30 days and -16.1% over the past 90 days. His prior sales at ARES show a timing pattern of 5 of 5 prior sells being well-timed at the 90-day mark, with 90-day returns averaging -5.6%, and his cross-ticker history shows a 75.00% well-timed rate at the 90-day mark. The company's latest quarterly revenue was $841,966,000.00 with net income of $216,412,000.00 and P/E of 69.05, reflecting a highly valued position in the alternative asset management sector.

December 2024
2024-12-02 Ares Management Corp ARES
high
Sell
30,465 shares
$5,366,612
Significance 8/10

CEO Michael Arougheti sold entire ARES holding: 30,465 shares across 6 separate sales for $5,366,612.25 (blended avg $176.16)

Michael Arougheti, Co-Founder, CEO and President of Ares Management, executed 6 separate sales on 2024-11-27 totaling 30,465 shares for $5,366,612.25 at an average price of $176.16, reducing his holdings to zero—a 100% reduction of his previous 30.5K share position. This complete exit of his company stake is a material event: the CEO has eliminated all direct equity ownership in a company trading near its 52-week high ($178.83), with the stock having appreciated 7.5% over the past 30 days and 22.5% over the past 90 days. The current price of $173.95 is only 2.7% below the 52-week high, suggesting the sales occurred near elevated valuations. Given the scale of the transaction ($5.4M) and the insider's position as both founder and sitting CEO, full liquidation warrants investor scrutiny regarding his forward outlook for the business or personal capital allocation priorities.

November 2024
2024-11-26 Ares Management Corp ARES
high
Sell
85,736 shares
$15,206,846
Significance 8/10

CEO Arougheti sells 85,736 ARES shares in 9 transactions for $15,206,845.54, reducing holdings by 73.8% to 30,465 shares

Co-Founder, CEO and President Arougheti Michael J executed 9 separate sales totaling 85,736 shares for $15,206,845.54 across November 25–26, 2024, at a blended average price of $177.37 per share. This represented a substantial reduction—73.8% of his pre-transaction holdings from 116,201 to 30,465 shares. The sales occurred as ARES traded near its 52-week high of $178.83 (current price), with the stock having appreciated 5.5% over 30 days and 23.2% over 90 days, suggesting the CEO executed during a period of recent strength. The filing discloses no explicit restriction or plan governance (no 10b5-1 flag noted), leaving the timing and motivation opaque; however, the magnitude of the reduction—more than 7 in 10 shares divested—is material enough to warrant investor attention regarding the CEO's assessment of valuation or capital allocation priorities.

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