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Carlyle group director David Rubenstein sells $17.1m in shares By Investing.com
- Investing
Ramit Sethi- 3 minutes read
David M. Rubenstein, a director and 10% owner of The Carlyle Group Inc. (), sold shares worth approximately $17.1 million in the investment firm on September 11, 2026, according to a recent SEC filing.
Rubenstein disposed of 400,000 shares of common stock. The shares were sold in multiple transactions at prices ranging from $42.74 to $42.93, with a weighted average price of $42.74 per share. Following these sales, Rubenstein directly holds 26,899,644 shares of Carlyle Group common stock. The timing is notable as the stock has declined nearly 10% over the past week and is down 35% over the past year, currently trading at $42.34.According to InvestingPro analysis, Carlyle appears fairly valued at current levels. The platform reveals that 6 analysts have recently revised earnings downwards, though the company maintains a 3.31% dividend yield and has paid dividends for 15 consecutive years. InvestingPro offers 8 additional exclusive tips for CG investors.
On the same date, Rubenstein also made a charitable donation of 100,000 shares of Carlyle Group common stock.
In other recent news, Carlyle Group reported impressive second-quarter results, surpassing Wall Street expectations with adjusted earnings of $1.07 per share and revenue of $1.12 billion. These figures exceeded analysts’ estimates of 94 cents per share and $919.86 million in revenue, driven by record fee-related earnings and increased transaction fees. Meanwhile, Carlyle Group and are exploring a joint bid for Bauwatch, a security systems provider, in discussions with its owner, Franz Haniel & Cie GmbH.
In the banking sector, mutual funds have adjusted their holdings, increasing positions in KKR, Morgan Stanley, and Truist Financial, while reducing stakes in State Street, Citigroup, and Wells Fargo, according to Evercore’s analysis. On the analyst front, Goldman Sachs has raised its outlook for alternative asset manager stocks, citing stabilized earnings and attractive valuations despite recent declines. The firm noted that earnings revisions for 2026 and 2027 have increased by 3% on average. These developments provide a snapshot of recent activities affecting major companies and sectors.
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