New insider activity at Argan ( (AGX) ) has taken place on May 2, 2025.
Former CFO and Compliance Officer Richard Deily recently sold 1,565 shares of Argan stock, amounting to a total transaction value of $238,380.
Recent Updates on AGX stock
In the last 24 hours, Argan Inc. (AGX) has seen significant developments contributing to its stock movement. The company announced an increase in its share repurchase program and declared a regular quarterly cash dividend, signaling strong financial health and shareholder returns. Additionally, Argan appointed Lisa Larroque Alexander to its Board of Directors, bringing valuable energy sector expertise. The company’s subsidiary, Gemma Power Systems, received a notice to proceed with a major EPC contract for a natural gas-fired plant, enhancing its project backlog. These announcements, coupled with robust growth and a positive outlook, have bolstered investor confidence, reflected in a notable stock price rise. Analysts have expressed increased confidence in Argan’s project pipeline and margin improvement potential, despite potential tariff risks, due to the company’s strategic positioning in a market with secular growth needs.
Spark’s Take on AGX Stock
According to Spark, TipRanks’ AI Analyst, AGX is a Outperform.
Argan’s overall strong financial performance and optimistic earnings call are key strengths, supporting a high score. While technical indicators and valuation are moderate, the strategic board appointment adds positive momentum. Challenges in specific segments are acknowledged but effectively managed, reinforcing the company’s robust position.
To see Spark’s full report on AGX stock, click here.
More about Argan
YTD Price Performance: 12.30%
Average Trading Volume: 405,426
Technical Sentiment Signal: Sell
Current Market Cap: $2.09B