Insider Trading Update: Argan, Inc. $AGX

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Argan, Inc. (NYSE:AGX) insider have most recently took part in a trading activity. On Jun 26, 2017 Jeffrey John Ronald Jr., Director bought 1,000 shares having total worth of $60,950 at the price of $60.95 per share, following the transaction a total of 1,000 shares owned by Jeffrey John Ronald Jr..

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 sell activities .Furthermore, over the past 12 months , the stock was traded 32 times by insiders. In 32 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 4 -13.29%
12 Month 0 32 108.95%

Shares of Argan, Inc. (NYSE:AGX) traded up 1.08% on Jun 23, 2017, hitting $60.7. 152,391 shares of the company’s stock traded hands. Argan, Inc. has a 52 week low of $28.72 and a 52 week high of $75.7. The company’s market cap is $872 million.

Argan, Inc. (NYSE:AGX) last announced its earnings results on Apr 10, 2017. The company reported 1.29 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.81 by $0.48. The company had revenue of $207 million for the quarter, compared to the consensus estimate of $189 million. During the same quarter in the previous year, the company posted 0.45 earnings per share. The company’s revenue for the quarter was up 78% on a year-over-year basis.

2017-04-10 2016-04-14 2015-12-10 2015-09-08 2015-06-08 2015-04-10 2014-12-08 2014-09-04 2014-06-05 2014-04-08
earnings per share 1.29 0.45 0.72 0.75 0.50 0.39 0.84 0.58 0.24 0.63
Revenue(M) 206.76 116.39 113.97 97.43 85 102.32 127.6 102 51.19 59.5

Argan, Inc. was organized as a Delaware corporation in May 1961. It conducts operations through its wholly-owned subsidiaries, Gemma Power Systems, LLC and affiliates (GPS) and Southern Maryland Cable, Inc. (SMC). Each of these subsidiaries represents a separate reportable segment namely power industry services and telecommunications infrastructure services, respectively. Through GPS, it provides a development, consulting, engineering, procurement, construction, commissioning, operations and maintenance services to the power generation and renewable energy markets for customers including public utilities, independent power project owners, municipalities, public institutions and private industry. Through SMC, it provides telecommunications infrastructure services including project management, construction and maintenance to the federal government, telecommunications and broadband service providers as well as electric utilities. Its competitors are SNC-Lavalin Group, Inc., CH2M Hill Companies, Ltd., Shaw Group Inc., Skanska AB and John Wood Group PLC. The Company’s operations are subject to various federal, state and local laws and regulations including: licensing for contractors; building codes; permitting and inspection requirements applicable to construction projects; regulations relating to worker safety and environmental protection; and special bidding, procurement and security clearance requirements on government projects.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.