The stock of Ares Capital Corp (NASDAQ:ARCC) last traded at $21.75, down -0.50% from the previous session.
ARCC stock price is now -4.86% away from the 50-day moving average and 0.81% away from the 200-day moving average. The market capitalization of the company currently stands at $14.60B.
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, while ‘B. Riley Securities’ rates the stock as ‘Neutral’
In other news, Miller James Robert, Co-President bought 40,000 shares of the company’s stock on Mar 03 ’25. The stock was bought for $932,800 at an average price of $23.32. Upon completion of the transaction, the Co-President now directly owns 40,000 shares in the company, valued at $0.87 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 11 ’25, Director Bates Ann Torre bought 6,000 shares of the business’s stock. A total of $136,500 was incurred on buying the stock at an average price of $22.75. This leaves the insider owning 30,000 shares of the company worth $0.65 million. A total of 0.66% of the company’s stock is owned by insiders.
During the past 12 months, Ares Capital Corp has had a low of $19.32 and a high of $23.84. The fifty day moving average price for ARCC is $22.8602 and a two-hundred day moving average price translates $21.5758 for the stock.
The latest earnings results from Ares Capital Corp (NASDAQ: ARCC) was released for 2024-12-31. The net profit margin was 51.87% and return on equity was 12.40% for ARCC. The company reported revenue of $759.0 million for the quarter, compared to $707.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.36 percent.
