Microvast Holdings announces departure of chief financial officer
Director Cynthia Flanders of Argan Inc (NYSE:AGX) sold 2,000 shares of common stock held by the Cynthia Flanders Charitable Trust GRAT on July 30, 2025. The shares were sold at $234.56, for a total transaction value of $469,120. The transaction comes as Argan trades near its 52-week high of $246.60, with the stock delivering an impressive 213% return over the past year. According to InvestingPro analysis, the company maintains a GREAT financial health score.
On July 28, 2025, Ms. Flanders also transferred 2,000 shares of Argan common stock to the Cynthia Flanders Charitable Trust GRAT. With a market capitalization of $3.29 billion, Argan shows strong momentum, having gained over 76% year-to-date. For deeper insights into AGX’s valuation and growth prospects, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Argan Inc. reported impressive financial results for Q1 FY2026, surpassing both earnings and revenue expectations. The company achieved an earnings per share (EPS) of $1.60, significantly beating the anticipated $0.90. Revenue reached $193.7 million, exceeding the forecasted $175.8 million. Additionally, Argan’s Board of Directors declared a quarterly cash dividend of $0.375 per share, continuing its steady dividend payments since 2011 and marking a 50% increase over the past two years. In analyst coverage, JPMorgan initiated coverage on Argan with a Neutral rating and set a price target of $220 for December 2026. The investment bank highlighted Argan’s position in engineering, procurement, and construction services for large-scale gas and alternative fuel power plants. These developments reflect Argan’s ongoing financial and operational activities.
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