Ares Capital Corp (ARCC US, +1, 08-Mar-25)
James Miller (Co-President since 2024, joined 2006) purchased $933,000 of stock on the 3rd of March at $23.32. He did not appear to have previously owned shares. Likely partly motivated by his recent promotion, this is still a notable large purchase into strength from an insider who should know the business well. There do not appear to be share ownership requirements.
Ann Bates (Non-Executive since 2010) purchased $136,000 of stock on the 11th February, increasing her stake by 19%. Whilst the size is in line with her previous buys, she last bought at in May 2019 at $17.61, and it’s notable that she’s now buying nearly 6 years later at a price nearly 30% higher.
We are ranking the stock +1 (strongly positive signal).
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