New insider activity at Argan ( (AGX) ) has taken place on October 15, 2025.
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CEO Gemma Charles Edwin IV Collins has made a significant move by selling 10,000 shares of Argan stock, amounting to a total value of $2,920,900.
Recent Updates on AGX stock
In the last 24 hours, Argan’s stock has seen significant developments. JPMorgan upgraded Argan to Overweight from Neutral, citing the company’s strong position as a beneficiary of the growing artificial intelligence-driven power demand cycle. The firm highlighted Argan’s record backlog and favorable pricing conditions in the gas turbine market as factors providing visibility into long-term growth and margin expansion. Conversely, GLJ Research initiated coverage with a Hold rating, expressing concerns that investor expectations may exceed Argan’s current capacity to meet engineering and construction demand, potentially limiting earnings growth due to legacy contracts and staffing issues. Additionally, Argan announced a 33% increase in its quarterly dividend, reflecting confidence in its financial stability.
Spark’s Take on AGX Stock
According to Spark, TipRanks’ AI Analyst, AGX is a Outperform.
Argan’s strong financial performance and positive earnings call are the most significant factors driving the stock score. While technical analysis indicates a positive trend, valuation concerns due to a high P/E ratio and modest dividend yield slightly offset the overall score. The company’s robust backlog and commitment to shareholder returns further support a positive outlook.
To see Spark’s full report on AGX stock, click here.
More about Argan
YTD Price Performance: 120.92%
Average Trading Volume: 394,054
Technical Sentiment Signal: Buy
Current Market Cap: $4.07B