Argan CEO Collins sells $3.09 million in shares

Argan INC (NYSE:AGX), a $3.9 billion market cap company with a GREAT financial health score according to InvestingPro, saw its Chief Executive Officer of Gemma, Charles Edwin Collins IV, sell 10,000 shares of company stock on October 15, 2025, for $309.37 each, totaling $3.09 million. The transaction comes amid the stock’s impressive 108.6% year-to-date gain.

On the same day, Collins also exercised options to acquire a total of 10,000 shares of Argan INC common stock. These transactions involved exercising options for 5,235 shares at $42.31 per share and 4,765 shares at $33.81 per share, resulting in a total value of $382597.

Following these transactions, Collins directly owns 21,006 shares of Argan INC.

In other recent news, Argan Inc. reported its Q2 FY2026 earnings, revealing a strong performance with earnings per share of $2.50, which significantly exceeded the forecasted $1.64. The company’s revenue for the quarter was $237.7 million, slightly below the anticipated $243.97 million. Additionally, Argan announced a 33% increase in its quarterly dividend, raising it to $0.50 per share, marking the third consecutive annual dividend increase. JPMorgan upgraded Argan’s stock from Neutral to Overweight, citing the company’s potential as an "underappreciated beneficiary" of rising AI-driven power demand. The firm also increased its price target to $315.00. Meanwhile, GLJ Research initiated coverage on Argan with a Hold rating and a $251.00 price target, noting that investor expectations may have outpaced the company’s current scaling capabilities. These developments highlight the ongoing interest and varied perspectives from analysts regarding Argan’s future performance and market position.

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