Ares Management Corp’s filing revealed that its Co-Founder KAPLAN DAVID B unloaded Company’s shares for reported $5.47 million on May 30 ’25. In the deal valued at $165.12 per share,33,145 shares were sold. As a result of this transaction, KAPLAN DAVID B now holds 0 shares worth roughly $0.0.
Then, KAPLAN DAVID B sold 23,524 shares, generating $3,882,871 in total proceeds. Upon selling the shares at $165.06, the Co-Founder now owns 33,145 shares.
Before that, KAPLAN DAVID B sold 5,205 shares. Ares Management Corp shares valued at $859,137 were divested by the Co-Founder at a price of $165.06 per share. As a result of the transaction, KAPLAN DAVID B now holds 56,669 shares, worth roughly $9.85 million.
Oppenheimer downgraded its Ares Management Corp [ARES] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who increased its forecast for the stock in mid April from “a Perform” to “an Outperform”. Citizens JMP also remained covering ARES and has increased its forecast on April 08, 2025 with a “Mkt outperform” recommendation from previously “Mkt perform” rating.
Price Performance Review of ARES
On Friday, Ares Management Corp [NYSE:ARES] saw its stock jump 2.29% to $173.88. Over the last five days, the stock has gained 5.06%. Ares Management Corp shares have fallen nearly -1.78% since the year began. Nevertheless, the stocks have risen 28.62% over the past one year. While a 52-week high of $200.49 was reached on 02/04/25, a 52-week low of $110.63 was recorded on 04/07/25. SMA at 50 days reached $154.21, while 200 days put it at $164.24.
Levels Of Support And Resistance For ARES Stock
The 24-hour chart illustrates a support level at 172.52, which if violated will result in even more drops to 171.16. On the upside, there is a resistance level at 175.06. A further resistance level may holdings at 176.24. The Relative Strength Index (RSI) on the 14-day chart is 66.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.17, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.17%. Stochastics %K at 86.88% indicates the stock is a selling.
