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On June 7, 2024, Judy Olian, Director at Ares Management Corp (NYSE:ARES), completed a sale of 3,417 shares of the company’s stock. The transaction was reported through an SEC filing on the same day. Following this transaction, the insider now owns 27,312 shares of Ares Management Corp.

Ares Management Corp is a global alternative investment manager that operates three investment groups that invest in the credit, private equity and real estate markets. Headquartered in Los Angeles, California, the firm aims to deliver attractive investment returns by taking a patient and disciplined investment approach, employing world-class people and driving growth and value creation through the firm’s portfolio.

Over the past year, Judy Olian has sold a total of 3,417 shares and has not purchased any shares of the company. Ares Management Corp’s insider transaction history shows a trend with 1 insider purchase and 43 insider sales over the past year.

On the day of the sale, Ares Management Corp shares were trading at $134, giving the company a market capitalization of approximately $26.64 billion. The stock’s price-to-earnings ratio is 61.36, well above the industry median of 13.05 and the company’s historical median.

The stock is valued at $78.33 according to GF Value, which means that Ares Management Corp is significantly overvalued at a trading price of $134 with a price-to-value ratio of 1.71.

Insider sale: Director Judy Olian sells shares of Ares Management Corp (ARES)Insider sale: Director Judy Olian sells shares of Ares Management Corp (ARES)

Insider sale: Director Judy Olian sells shares of Ares Management Corp (ARES)

The GF value is calculated by taking into account historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio and price-free cash flow, together with a GuruFocus adjustment factor based on past earnings and growth as well as Morningstar analysts’ estimates of future business performance.

Insider sale: Director Judy Olian sells shares of Ares Management Corp (ARES)Insider sale: Director Judy Olian sells shares of Ares Management Corp (ARES)

Insider sale: Director Judy Olian sells shares of Ares Management Corp (ARES)

This insider sale at Ares Management Corp provides an interesting data point for investors who track insider behavior and company valuation metrics.

This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.

This article first appeared on GuruFocus.

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