Recent Insider Activity: Ares Capital Corporation $ARCC

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Ares Capital Corporation (ARCC) insider have most recently took part in a trading activity. On Dec 21, 2017 Bartlett Steve, Director bought 200 shares having total worth of $3,146 at the price of $15.73 per share, following the transaction a total of 8,800 shares owned by Bartlett Steve. Before this latest buy, Bartlett Steve purchased ARCC at 6 other times during the past twelve months, for a total investment of $19,804 at an average of $16.5 per share.

The stock has experienced a total of 3 insider trades in the past three months. These trades include 3 buy trades. Furthermore, over the past 12 months , the stock was traded 7 times by insiders. an employee of the company was the buyer in 7 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 3 0 -2.65%
12 Month 7 0 11.26%

Shares of Ares Capital Corporation (ARCC) traded up 0.76% on Dec 21, 2017, hitting $15.81. 2,272,297 shares of the company’s stock traded hands. Ares Capital Corporation has a 52 week low of $14.21 and a 52 week high of $17.81. The company’s market cap is $4,870 million.

Ares Capital Corporation (ARCC) last announced its earnings results on Nov 2, 2017. The company reported 0.36 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.35 by $0.01. The company had revenue of $294 million for the quarter, compared to the consensus estimate of $298 million. During the same quarter in the previous year, the company posted 0.43 earnings per share. The company’s revenue for the quarter was up 14% on a year-over-year basis.

2017-11-02 2017-08-02 2017-05-03 2017-02-22 2016-11-02 2016-08-03 2016-05-04 2016-02-24 2015-11-04 2015-08-04
earnings per share 0.36 0.34 0.32 0.42 0.43 0.39 0.37 0.40 0.41 0.37
Revenue(M) 294 284 275 260.02 258.67 245.26 248.05 261.68 260.95 249.48

Ares Capital Corporation was founded on April 16, 2004 and went public on October 8, 2004. The Company is a closed-end, non-diversified management investment company that primarily invests in non-syndicated senior debt, mezzanine debt and non-control equity. It primarily invests U.S. middle-market companies. The Middle market represents companies with annual EBITDA between $10 million and $250 million. The Company invests in first lien senior secured loans, second lien senior secured loans and mezzanine debt. The Company and GE Global Sponsor Finance LLC, through the SSLP, co-invest in first lien senior secured loans of middle market companies. The first and second lien senior secured loans have stated terms of three to 10 years and the mezzanine debt investments have stated terms of up to 10 years, but the expected average life of such first and second lien loans and mezzanine debt is generally between three and seven years. Its portfolio company, Ivy Hill Asset Management, L.P. manages 13 credit vehicles and serves as the sub-manager or sub-servicer for three other credit vehicles as of December 31, 2012. The Company has offices in Atlanta, Chicago, Los Angeles, Menlo Park, New York, and Washington, D.C. As of 31 December 2013, it had approximately $59 billion of total committed capital under management.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.