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Peter W. Getsinger, a director at Argan Inc (NYSE:AGX), sold 1,000 shares of the company’s common stock on September 19, 2025. The shares were sold at a price of $264.54, for a total transaction value of $264,540.
Following the transaction, Getsinger directly owns 11,896 shares of Argan Inc. The $3.7 billion market cap company maintains a strong financial position, earning a "GREAT" Financial Health score from InvestingPro, which offers 18 additional valuable insights about AGX in its comprehensive Pro Research Report.
In other recent news, Argan Inc. reported impressive earnings for Q2 FY2026, with earnings per share (EPS) reaching $2.50, far exceeding the forecasted $1.64. Despite this positive earnings surprise, the company reported revenues of $237.7 million, which fell slightly short of the expected $243.97 million. Additionally, Argan announced a 33% increase in its quarterly dividend, raising it from $0.375 to $0.50 per share, marking the third consecutive annual increase. This adjustment will result in an annual dividend rate of $2.00 per share. In analyst updates, GLJ Research initiated coverage of Argan with a Hold rating and a price target of $251.00, suggesting a potential downside of approximately 3% from current levels. The firm noted that investor expectations may have outpaced the company’s current growth capabilities. These developments reflect a mix of strong financial performance and strategic adjustments for Argan.
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