Peter Getsinger Sells 4,000 Shares of Argan (NYSE:AGX) Stock

January 10, 2026 by InsiderTrades.com

Key Points

Director Peter Getsinger sold 4,000 shares of Argan on Jan. 7 at an average price of $328.34 for proceeds of $1,313,360, cutting his direct stake by 33.76% to 7,847 shares.
Argan declared a quarterly dividend of $0.50 payable Jan. 30 to holders of record on Jan. 22 (annualized $2.00, ~0.6% yield; ex-dividend Jan. 22).
In the latest quarter Argan reported EPS of $2.17 (beat the $1.82 consensus) while revenue was $251.15 million, slightly below estimates and down 2.3% year‑over‑year.

Argan, Inc. (NYSE:AGX - Get Free Report) Director Peter Getsinger sold 4,000 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $328.34, for a total transaction of $1,313,360.00. Following the transaction, the director directly owned 7,847 shares of the company's stock, valued at $2,576,483.98. This represents a 33.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Argan Trading Down 0.8%

NYSE:AGX opened at $311.58 on Friday. The stock has a market capitalization of $4.32 billion, a PE ratio of 36.70 and a beta of 0.64. The firm's 50 day moving average is $335.43 and its 200 day moving average is $274.24. Argan, Inc. has a 12 month low of $101.02 and a 12 month high of $399.30.

Argan (NYSE:AGX - Get Free Report) last announced its quarterly earnings data on Thursday, December 4th. The construction company reported $2.17 earnings per share for the quarter, beating the consensus estimate of $1.82 by $0.35. The business had revenue of $251.15 million during the quarter, compared to analyst estimates of $251.50 million. Argan had a return on equity of 31.38% and a net margin of 13.11%.Argan's revenue was down 2.3% compared to the same quarter last year. During the same period in the prior year, the company earned $2.00 earnings per share.

Argan Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 22nd will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Thursday, January 22nd. Argan's payout ratio is currently 23.56%.

Institutional Investors Weigh In On Argan

A number of institutional investors and hedge funds have recently made changes to their positions in AGX. National Bank of Canada FI grew its position in Argan by 26.7% during the third quarter. National Bank of Canada FI now owns 147 shares of the construction company's stock worth $40,000 after buying an additional 31 shares in the last quarter. Ring Mountain Capital LLC grew its holdings in shares of Argan by 1.3% during the third quarter. Ring Mountain Capital LLC now owns 2,735 shares of the construction company's stock worth $739,000 after purchasing an additional 35 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Argan by 33.6% in the fourth quarter. GAMMA Investing LLC now owns 151 shares of the construction company's stock worth $47,000 after purchasing an additional 38 shares during the last quarter. Federated Hermes Inc. increased its position in shares of Argan by 22.0% in the third quarter. Federated Hermes Inc. now owns 255 shares of the construction company's stock worth $69,000 after purchasing an additional 46 shares during the last quarter. Finally, Strategic Advocates LLC raised its stake in Argan by 4.8% in the third quarter. Strategic Advocates LLC now owns 1,350 shares of the construction company's stock valued at $365,000 after purchasing an additional 62 shares in the last quarter. Hedge funds and other institutional investors own 79.43% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on AGX. Weiss Ratings reissued a "buy (b+)" rating on shares of Argan in a research report on Wednesday, December 24th. The Goldman Sachs Group started coverage on shares of Argan in a report on Tuesday, November 11th. They set a "buy" rating and a $397.00 target price on the stock. Glj Research raised Argan from a "hold" rating to a "buy" rating and raised their price target for the stock from $251.00 to $369.00 in a report on Monday, November 10th. UBS Group set a $315.00 price target on Argan in a research report on Monday, October 13th. Finally, Zacks Research raised Argan from a "hold" rating to a "strong-buy" rating in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $355.20.

Get Our Latest Stock Report on AGX

About Argan

(Get Free Report)

Argan, Inc (NYSE: AGX) is a holding company that provides professional technical and management services to the power generation and renewable energy industries. Through its wholly owned subsidiaries, the company delivers engineering, procurement and construction management (EPCM), commissioning and operations and maintenance (O&M) services for a broad range of energy facilities. Argan focuses on projects for utility, industrial and municipally owned clients, helping to bring efficient thermal and renewable energy plants into operation and maintain optimal performance over the asset life cycle.

The company's principal subsidiaries include Gemma Power Systems, which specializes in turnkey construction of combined-cycle, simple-cycle, cogeneration and renewable energy plants; Atlantic Projects Company, which provides electrical balance-of-plant, control systems, instrumentation and commissioning services; and Infrastructure Solutions, which offers industrial maintenance, outage support and modification services.