Michael Lewis Smith, insider at Ares Capital

Michael Lewis Smith Insider Information

Insider of Ares Capital
Mr. Smith is a Partner and Co-Head of the Ares Credit Group. He serves on the Ares Executive Management Committee. Additionally, he serves as an Officer and Co-President of Ares Capital Corporation (Nasdaq: ARCC). He is a member of the Ares Credit Group's U.S. Direct Lending and Commercial Finance Investment Committees, the Ares Private Equity Group's Special Opportunities Investment Committee, and the Ares Infrastructure Opportunities Funds Investment Committee. Prior to joining Ares in 2004, Mr. Smith was a Partner at RBC Capital Partners, a division of Royal Bank of Canada, which led the firm's middle market financing and principal investment business. Previously, Mr. Smith worked at Indosuez Capital in their Merchant Banking Group, Kenter, Glastris & Company, and at Salomon Brothers Inc, in their Debt Capital Markets Group and Financial Institutions Group. Mr. Smith serves on the Board of Directors of the University of Notre Dame's Wilson Sheehan Lab for Economic Opportunity (LEO), which helps service providers apply scientific evaluation methods to better understand and share effective poverty interventions. Mr. Smith received a B.S. in Business Administration from the University of Notre Dame and a Masters in Management from Northwestern University's Kellogg Graduate School of Management.

What is Michael Lewis Smith's net worth?

The estimated net worth of Michael Lewis Smith is at least $1.84 million as of May 19th, 2022. Mr. Smith owns 89,000 shares of Ares Capital stock worth more than $1,837,850 as of August 17th. This net worth evaluation does not reflect any other assets that Mr. Smith may own. Learn More about Michael Lewis Smith's net worth.

How old is Michael Lewis Smith?

Mr. Smith is currently 51 years old. There are 8 older executives and no younger executives at Ares Capital. Learn More on Michael Lewis Smith's age.

How do I contact Michael Lewis Smith?

The corporate mailing address for Mr. Smith and other Ares Capital executives is 245 PARK AVENUE 44TH FLOOR, NEW YORK NY, 10167. Ares Capital can also be reached via phone at (212) 750-7300 and via email at [email protected] Learn More on Michael Lewis Smith's contact information.

Has Michael Lewis Smith been buying or selling shares of Ares Capital?

Michael Lewis Smith has not been actively trading shares of Ares Capital over the course of the past ninety days. Most recently, on Thursday, May 19th, Michael Lewis Smith bought 54,000 shares of Ares Capital stock. The stock was acquired at an average cost of $18.64 per share, with a total value of $1,006,560.00. Following the completion of the transaction, the insider now directly owns 89,000 shares of the company's stock, valued at $1,658,960. Learn More on Michael Lewis Smith's trading history.

Who are Ares Capital's active insiders?

Ares Capital's insider roster includes Michael Arougheti (EVP), Joshua Bloomstein (VP), R. deVeer (CEO), Mary Beth Henson (Director), Steven McKeever (Director), Michael Parks (Director), Penelope Roll (CFO), Robert Rosen (Director), and Michael Smith (Insider). Learn More on Ares Capital's active insiders.

Are insiders buying or selling shares of Ares Capital?

In the last twelve months, Ares Capital insiders bought shares 5 times. They purchased a total of 387,775 shares worth more than $6,995,921.25. In the last twelve months, insiders at the investment management company sold shares 1 times. They sold a total of 25,805 shares worth more than $515,067.80. The most recent insider tranaction occured on August, 3rd when CFO Penelope F Roll bought 25,000 shares worth more than $494,250.00. Insiders at Ares Capital own 0.6 % of the company. Learn More about insider trades at Ares Capital.

Information on this page was last updated on 8/3/2022.

Michael Lewis Smith Insider Trading History at Ares Capital

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/19/2022Buy54,000$18.64$1,006,560.0089,000View SEC Filing Icon  
9/14/2020Buy35,000$14.25$498,750.00151,012View SEC Filing Icon  
5/15/2014Buy10,000$16.75$167,500.00126,012View SEC Filing Icon  
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Michael Lewis Smith Buying and Selling Activity at Ares Capital

This chart shows Michael Lewis Smith's buying and selling at Ares Capital by year and by quarter.

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Ares Capital Company Overview

Ares Capital logo
Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.
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Today's Range

Now: $20.65
Low: $20.65
High: $20.70

50 Day Range

MA: $19.01
Low: $17.12
High: $20.70

2 Week Range

Now: $20.65
Low: $17.03
High: $23.00

Volume

101 shs

Average Volume

2,721,210 shs

Market Capitalization

$10.25 billion

P/E Ratio

9.34

Dividend Yield

8.22%

Beta

0.99