ARES
Ares Management CORP
NYSE
Form 4: Ares Management Divests 2.25 Million Shares of Savers Value Village Stock
Sentiment:
Insider Transaction Report
13 June 2025 4:32 PM
Ares Management LLC and its affiliated entities, a 10% owner and director of Savers Value Village, Inc., reported the sale of 2,250,000 shares of common stock for approximately $19.93 million.
Worse than expected
The sale of 2,250,000 shares by a significant insider (10% owner and director) like Ares Management LLC is generally perceived negatively by the market, as it can signal a lack of confidence or a strategic reduction in exposure to the company.
Such a large divestment can put downward pressure on the stock price and may be interpreted as a bearish signal.
Summary
- Ares Management LLC and its affiliated entities, identified as a 10% owner and director of Savers Value Village, Inc. (SVV), reported a significant sale of common stock.
- On June 11, 2025, Ares Management LLC disposed of 2,250,000 shares of SVV common stock.
- The shares were sold at a price of $8.8569 per share, totaling approximately $19,928,025.
- Following this transaction, Ares Management LLC and its affiliated entities beneficially own 117,449,188 shares of Savers Value Village, Inc. common stock indirectly.
- The remaining beneficial ownership is distributed among various Ares funds: ACOF V (66,010,098 shares), ASSF IV AIV B Holdings III, L.P. (8,693,796 shares), ASSF IV AIV B, L.P. (7,945,865 shares), and ASOF Holdings I, L.P. (32,609,674 shares).
- Additionally, 2,189,755 "Managed Shares" are held by an account managed by ASSF Operating Manager IV, L.P., though the Ares Entities disclaim beneficial ownership for Section 16 purposes.
Sentiment
Score: 3
Explanation: The sentiment is negative due to a significant insider sale by a major institutional investor and director, which can be interpreted as a lack of confidence or a strategic divestment. While not a complete exit, it's a substantial reduction in holdings.
Negatives
- A significant sale of 2,250,000 shares by a 10% owner and director, Ares Management LLC, could be interpreted as a reduction in confidence or a strategic divestment.
- The sale price of $8.8569 per share might indicate a valuation point at which the insider chose to reduce their holdings.
Risks
- The large sale by a significant institutional investor and director could signal potential concerns about the company's future performance or valuation, potentially leading to negative market sentiment.
- A reduction in a major shareholder's stake might decrease their vested interest in the company's long-term strategic direction.
Future Outlook
NA
Management Comments
- N
- A
Industry Context
This Form 4 filing reports an insider transaction and does not provide broader industry context or trends. It reflects a specific investment decision by a major shareholder within the retail sector, where Savers Value Village operates.
Stakeholder Impact
- Shareholders: May perceive the large insider sale negatively, potentially leading to a decrease in investor confidence and downward pressure on the stock price.
- Company Management: May face questions regarding the reasons behind the significant divestment by a major investor and director.
Key Dates
- 06/11/2025: Date of the reported transaction (sale of common stock by Ares Management LLC).
- 06/13/2025: Date the Form 4 filing was signed by Ares Management LLC and related entities.
Keywords
Savers Value Village, SVV, Ares Management, Insider Sale, SEC Form 4, Beneficial Ownership, Stock Transaction, Institutional Investor, Director Sale
ARES
Ares Management CORP
NYSE
Sector: Financial Services
Filings with Classifications
Worse than expected
13 June 2025 4:32 PM
Insider Transaction Report
- The sale of 2,250,000 shares by a significant insider (10% owner and director) like Ares Management LLC is generally perceived negatively by the market, as it can signal a lack of confidence or a strategic reduction in exposure to the company.
- Such a large divestment can put downward pressure on the stock price and may be interpreted as a bearish signal.
Worse than expected
10 May 2025 12:28 AM
Quarterly Report
- Net income attributable to Ares Management Corporation Class A and non-voting common stockholders decreased to $21.9 million from $73 million in the prior year period.
Better than expected
3 May 2025 12:51 AM
Quarterly Report
- Ares Management Corporation's AUM surpassed $545 billion in Q1 2025, exceeding expectations.
- After-tax realized income reached $381.4 million, translating to $1.09 per share, which is better than anticipated.
- Fee related earnings were $367.3 million for the quarter, surpassing previous forecasts.
Better than expected
5 February 2025 6:17 AM
Earnings Release
- Ares Management reported record fundraising and AUM, indicating strong investor confidence and growth potential.
- The company's key financial metrics, such as Fee Related Earnings and Realized Income, showed significant increases compared to the previous year.
Worse than expected
29 November 2024 4:50 PM
SEC Form 4 Filing
- Ares Management, a significant shareholder, selling shares is generally viewed negatively by the market as it can indicate a lack of confidence in the company's future prospects.
Worse than expected
26 November 2024 4:39 PM
SEC Form 4 Filing
- The document indicates a reduction in stake by a major shareholder, which is generally viewed negatively by the market.
Capital raise
8 November 2024 6:07 AM
Quarterly Report
- In October 2024, Ares issued 30,000,000 shares of its Series B mandatory convertible preferred stock for total proceeds of $1,462.5 million.
- In October 2024, Ares issued $750.0 million in aggregate principal amount of 5.60% senior notes with a maturity date of October 2054.
Better than expected
8 November 2024 6:07 AM
Quarterly Report
- The company's total revenues, management fees, carried interest allocation, and net income all increased significantly compared to the same period last year.
Better than expected
31 October 2024 7:19 PM
Quarterly Report
- The company's financial results exceeded expectations with strong growth in key metrics, including AUM, fee-related earnings, and realized income.
- The company's fundraising momentum and capital deployment were better than anticipated, leading to an optimistic outlook for the remainder of the year.
Capital raise
31 October 2024 7:19 PM
Quarterly Report
- In October 2024, Ares issued 30,000,000 shares of its Series B mandatory convertible preferred stock, for total proceeds of $1,462.5 million (after deducting underwriting discounts but before offering expenses).
Capital raise
11 October 2024 4:42 PM
Debt Issuance
- Ares Management Corporation issued $750 million in senior notes.
- The company also entered into an underwriting agreement to issue 27,000,000 shares of 6.75% Series B Mandatory Convertible Preferred Stock, with an option for an additional 3,000,000 shares to cover over-allotments.
Capital raise
10 October 2024 4:50 PM
Capital Raise Announcement
- Ares Management Corporation issued 30 million shares of 6.75% Series B Mandatory Convertible Preferred Stock, raising $1.5 billion.
- The offering included an underwriter option for an additional 3 million shares, which was fully exercised.
- The net proceeds from the offering will be used to fund a portion of the cash consideration for the acquisition of GLP Capital Partners' international business and for general corporate purposes.
Capital raise
8 October 2024 6:03 AM
Merger Announcement
- Ares has secured a $2.0 billion bridge loan facility to finance the cash portion of the acquisition.
- The company expects to finance the cash portion of the acquisition with a combination of cash on hand and other equity or debt financing, which may include equity or debt securities issued in one or more capital markets transactions.
Worse than expected
6 August 2024 7:27 PM
Quarterly Report
- Net income attributable to common stockholders decreased compared to the same period last year.
- Carried interest allocation was negative for both the quarter and six months ended June 30, 2024, compared to positive figures in the same periods of 2023.
Capital raise
6 August 2024 7:27 PM
Quarterly Report
- The company issued and sold 2,650,000 shares of Class A common stock in an offering that closed on June 14, 2024, resulting in net proceeds of approximately $354.4 million.
- Subsequent to June 30, 2024, the underwriters exercised the 30-day option to purchase additional shares of Class A common stock, resulting in additional proceeds of $52.9 million.
Better than expected
1 August 2024 9:13 PM
Quarterly Report
- The company achieved record gross fundraising and the second-highest level of capital deployment in its history, indicating better than expected operational performance.
Capital raise
11 July 2024 5:14 PM
Capital Raise Update
- Ares Management Corporation raised approximately $52.92 million through the sale of additional shares.
- The total net proceeds from the offering, including the initial sale, reached approximately $408.21 million.
Capital raise
14 June 2024 4:15 PM
Capital Raise Announcement
- Ares Management Corporation raised approximately $356 million through the sale of 2,650,000 shares of Class A common stock.
- The underwriters have an option to purchase an additional 397,500 shares within 30 days, which could result in further capital being raised.
Worse than expected
8 May 2024 8:28 PM
Quarterly Report
- Net income attributable to common stockholders decreased by 22% year-over-year, indicating worse than expected results.
- Carried interest allocation decreased significantly to a loss of $32.5 million, primarily due to reversals in private equity and real estate funds, indicating worse than expected results.
Better than expected
1 May 2024 9:54 PM
Quarterly Report
- The company's AUM grew by 19% year-over-year, exceeding expectations.
- The company raised $17.4 billion in gross new capital, indicating strong investor confidence.
- Available capital reached a record high of $114.6 billion, positioning the company for future growth.
Better than expected
7 February 2024 9:30 PM
Quarterly Report
- The company's AUM, FPAUM, and available capital all reached record levels, indicating strong growth and investor confidence.
- The company's fundraising efforts were highly successful, exceeding expectations and positioning them for future growth.
- The company's after-tax realized income per share increased year-over-year, demonstrating improved profitability.
Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.