Ares Capital Corp (ARCC) CEO R. Kipp Deveer Bought $801,000 of Shares

CEO of Ares Capital Corp (ARCC, Financial) R. Kipp Deveer bought 50,000 shares of ARCC on 12/14/2018 at an average price of $16.02 a share. The total cost of this purchase was $801,000.

Ares Capital Corp is a specialty finance company that is a closed-end, non-diversified management investment company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. Ares Capital Corp has a market cap of $6.53 billion; its shares were traded at around $15.32 with a P/E ratio of 6.93 and P/S ratio of 3.72. The dividend yield of Ares Capital Corp stocks is 10.06%.

CEO Recent Trades:

  • CEO R. Kipp Deveer bought 50,000 shares of ARCC stock on 12/14/2018 at the average price of $16.02. The price of the stock has decreased by 4.37% since.

CFO Recent Trades:

  • CFO Penelope F Roll sold 6,000 shares of ARCC stock on 11/20/2018 at the average price of $16.76. The price of the stock has decreased by 8.59% since.

Directors and Officers Recent Trades:

  • Director Steve Bartlett bought 200 shares of ARCC stock on 11/20/2018 at the average price of $17.08. The price of the stock has decreased by 10.3% since.

For the complete insider trading history of ARCC, click here

.