Ares Management Corporation, an alternative asset manager, has seen significant activity from institutional investors, with hedge funds owning over 50% of its stock. Analysts have recently adjusted price targets, with Wells Fargo lowering its estimate from $215 to $187, while the stock trades at $147.19, down from a high of $200.49. Insider trading includes a notable sale by David B. Kaplan of 69,526 shares, while Director Ashish Bhutani increased his stake by purchasing 10,000 shares.