7,928 Shares in Argan, Inc. $AGX Bought by HWG Holdings LP

2026-03-26 06:58:48 ET

HWG Holdings LP acquired a new stake in shares of Argan, Inc. ( NYSE:AGX – Free Report ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,928 shares of the construction company’s stock, valued at approximately $2,484,000. Argan makes up approximately 0.6% of HWG Holdings LP’s investment portfolio, making the stock its 24th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Emerald Mutual Fund Advisers Trust purchased a new stake in shares of Argan during the third quarter valued at about $14,138,000. Thames Capital Management LLC purchased a new position in shares of Argan in the 3rd quarter worth approximately $11,175,000. Versor Investments LP purchased a new position in shares of Argan in the 3rd quarter worth approximately $971,000. Leavell Investment Management Inc. raised its stake in shares of Argan by 125.3% during the 3rd quarter. Leavell Investment Management Inc. now owns 12,505 shares of the construction company’s stock worth $3,377,000 after acquiring an additional 6,955 shares in the last quarter. Finally, TD Asset Management Inc bought a new position in shares of Argan during the 3rd quarter worth approximately $35,629,000. Hedge funds and other institutional investors own 79.43% of the company’s stock.

Insider Buying and Selling at Argan

In other news, Director Peter W. Getsinger sold 6,595 shares of the company’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $313.71, for a total value of $2,068,917.45. Following the sale, the director directly owned 7,847 shares of the company’s stock, valued at $2,461,682.37. This represents a 45.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, Director Cynthia Flanders sold 19,000 shares of the stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $386.70, for a total transaction of $7,347,300.00. Following the completion of the sale, the director owned 26,207 shares in the company, valued at $10,134,246.90. The trade was a 42.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure . Insiders have sold a total of 54,715 shares of company stock worth $19,787,260 in the last 90 days. Corporate insiders own 6.69% of the company’s stock.

Argan Stock Down 2.3%

Shares of NYSE:AGX opened at $434.70 on Thursday. Argan, Inc. has a 52-week low of $111.16 and a 52-week high of $492.70. The stock has a market cap of $6.03 billion, a price-to-earnings ratio of 51.20 and a beta of 0.57. The business has a 50-day moving average price of $414.59 and a 200-day moving average price of $343.95.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Zacks Research downgraded shares of Argan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. Freedom Capital raised Argan to a “hold” rating in a research report on Tuesday, March 10th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $370.00 price objective (up from $315.00) on shares of Argan in a report on Monday, December 1st. Weiss Ratings reissued a “buy (b+)” rating on shares of Argan in a research report on Wednesday, December 24th. Finally, CJS Securities upgraded Argan to a “hold” rating in a research note on Thursday, December 11th. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $355.20.

Get Our Latest Stock Report on AGX

Argan Profile

( Free Report )

Argan, Inc (NYSE: AGX) is a holding company that provides professional technical and management services to the power generation and renewable energy industries. Through its wholly owned subsidiaries, the company delivers engineering, procurement and construction management (EPCM), commissioning and operations and maintenance (O&M) services for a broad range of energy facilities. Argan focuses on projects for utility, industrial and municipally owned clients, helping to bring efficient thermal and renewable energy plants into operation and maintain optimal performance over the asset life cycle.

The company’s principal subsidiaries include Gemma Power Systems, which specializes in turnkey construction of combined-cycle, simple-cycle, cogeneration and renewable energy plants; Atlantic Projects Company, which provides electrical balance-of-plant, control systems, instrumentation and commissioning services; and Infrastructure Solutions, which offers industrial maintenance, outage support and modification services.

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