Berry Ryan (CMO, ARES) sold 14,557 shares for $2,622,571.12 across 2 transactions at $180.07–$180.16
Berry Ryan, Chief Marketing & Strategy Officer at Ares Management, executed 2 separate sales totaling 14,557 shares for $2,622,571.12, reducing his holdings from 247,771 shares to 233,214 shares (a -5.9% reduction). The sales occurred on 2024-11-27 and 2024-12-11 at blended average price $180.16, near the stock's 52-week high of $182.74. In his cross-ticker trading history, Ryan's prior 20 open-market sells returned an average +25.6% over 90 days with a 0.00% well-timed rate, indicating his prior sell-side timing has been poor (stocks typically rose after he sold). At ARES specifically, his 5 prior trades (all sells, all from October–November 2024) show mixed near-term returns (+1.6%, -1.7%, +0.5%, +1.0%, +1.1%) with no measurable 90-day outcomes yet. The stock has gained +9.0% over 30 days and +23.8% over 90 days since announcement, and ARES trades at a P/E of 78.64 against $18.9B market cap with solid fundamentals ($842.0M quarterly revenue, +12.4% annual growth, $216.4M net income).