Argan Inc (AGX) shareholders
AGXNYSEConstruction - Special Trade ContractorsFiscal year ends January 31
Financials through Q2 FY2026, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 2, 2026Score 21/3021% above fair value
$306.48−8.86 (-2.81%)
Close on Nov 13, 2026Market cap $4.30BP/E 24.2Yield 0.57%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
99.4%
14M of 14M shares
Institutional holders
563
141 new, 64 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
0 buys · 37 sales
Net sold $146.79M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 1,994,647 | 14.30% | 13G (passive) amendment | Mar 31, 2026 |
| First Trust Advisors L.P. Joint filing with First Trust Portfolios L.P. (5.89%), The Charger Corporation (5.89%) | 821,295 | 5.89% | 13G (passive) | Mar 31, 2026 |
| Vanguard Portfolio Management | 792,842 | 5.65% | 13G (passive) | Jun 30, 2026 |
| Vanguard Capital Management | 715,063 | 5.09% | 13G (passive) | Sep 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of AGX | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 2,209,112 | 15.75% | $1.76B | +85,813 | 0.03% |
| Vanguard Portfolio Management LLC | 778,042 | 5.55% | $621.31M | +260,418 | 0.03% |
| First Trust Advisors LP | 754,403 | 5.38% | $602.43M | −36,950 | 0.35% |
| Renaissance Technologies LLC | 648,379 | 4.62% | $517.76M | +37,480 | 0.71% |
| Vanguard Capital Management LLC | 594,781 | 4.24% | $474.96M | +7,315 | 0.01% |
| State Street Corp | 544,200 | 3.88% | $434.57M | +26,544 | 0.01% |
| Geode Capital Management, LLC | 506,133 | 3.61% | $404.23M | +46,830 | 0.02% |
| American Century Companies Inc | 447,983 | 3.19% | $357.74M | +26,335 | 0.16% |
| Price T Rowe Associates Inc /Md/ | 420,104 | 2.99% | $335.48M | +328,238 | 0.03% |
| Lone Pine Capital LLC | 368,673 | 2.63% | $294.40M | −24,461 | 1.80% |
| Dimensional Fund Advisors LP | 356,845 | 2.54% | $284.96M | −41,117 | 0.05% |
| Invesco Ltd. | 273,125 | 1.95% | $218.10M | +11,204 | 0.02% |
| Morgan Stanley | 214,895 | 1.53% | $171.61M | +54,925 | 0.01% |
| Jacobs Levy Equity Management, Inc | 186,216 | 1.33% | $148.70M | −52,522 | 0.53% |
| Epoch Investment Partners, Inc. | 180,661 | 1.29% | $144.27M | −21,817 | 0.82% |
| Goldman Sachs Group Inc | 173,812 | 1.24% | $138.80M | −1,316 | 0.01% |
| TD Asset Management Inc | 173,601 | 1.24% | $138.63M | −34,101 | 0.12% |
| Bank of New York Mellon Corp | 165,147 | 1.18% | $131.88M | −135,232 | 0.02% |
| UBS Group AG | 156,861 | 1.12% | $125.26M | −167,175 | 0.02% |
| Northern Trust Corp | 151,510 | 1.08% | $120.99M | +11,685 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 563 | 14M | 99.4% | 141 / 174 | 189 / 64 | 2M | 2M |
| Q1 2026 | 495 | 14M | 98.4% | 138 / 144 | 170 / 67 | 4M | 2M |
| Q4 2025 | 433 | 13M | 90.7% | 96 / 121 | 169 / 45 | 2M | 2M |
| Q3 2025 | 390 | 13M | 92.1% | 96 / 137 | 119 / 57 | 3M | 2M |
| Q2 2025 | 355 | 12M | 86.3% | 98 / 114 | 113 / 35 | 3M | 2M |
| Q1 2025 | 294 | 12M | 82.2% | 62 / 102 | 100 / 40 | 2M | 2M |
| Q4 2024 | 276 | 12M | 82.7% | 70 / 77 | 106 / 35 | 2M | 2M |
| Q3 2024 | 243 | 12M | 85.1% | 74 / 66 | 78 / 35 | 3M | 1M |
| Q2 2024 | 205 | 11M | 80.0% | 64 / 57 | 60 / 14 | 2M | 2M |
| Q1 2024 | 158 | 11M | 76.7% | 24 / 47 | 58 / 12 | 1M | 1M |
| Q4 2023 | 148 | 11M | 76.9% | 23 / 56 | 47 / 13 | 1M | 1M |
| Q3 2023 | 139 | 10M | 74.2% | 19 / 37 | 60 / 8 | 1M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
426 funds held AGX in Q2 2026, 51% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of AGX | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 840,743 | 5.99% | $671.38M | 0.60% | Jun 30, 2026 |
| First Trust RBA American Industrial Renaissance ETF | 680,708 | 4.85% | $543.58M | 4.73% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 421,033 | 3.00% | $336.22M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 352,838 | 2.51% | $281.76M | 0.34% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 304,061 | 2.17% | $242.81M | 0.13% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 175,337 | 1.25% | $140.02M | 0.30% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 160,075 | 1.14% | $127.83M | 0.13% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 150,273 | 1.07% | $85.72M | 0.25% | Jul 31, 2026 |
| Invesco Discovery Fund | 149,826 | 1.07% | $99.94M | 1.28% | May 31, 2026 |
| Avantis U.S. Small Cap Value ETF | 144,931 | 1.03% | $96.67M | 0.36% | May 31, 2026 |
| Small Cap Growth Fund | 137,331 | 0.98% | $78.34M | 1.41% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 128,110 | 0.91% | $102.30M | 0.60% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 126,891 | 0.90% | $101.33M | 0.66% | Jun 30, 2026 |
| T. Rowe Price New Horizons Fund, Inc. | 126,520 | 0.90% | $101.03M | 0.69% | Jun 30, 2026 |
| iShares S&P Small-Cap 600 Growth ETF | 125,449 | 0.89% | $100.18M | 1.22% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| David Hibbert Watson | PRESIDENT AND CEO, Director | 41,426 | 0.30% | Jun 16, 2026 |
| Charles Edwin Collins IV | CHIEF EXECUTIVE OFFICER, GEMMA | 30,320 | 0.22% | Sep 11, 2026 |
| Joshua Scott Baugher | Chief Financial Officer | 1,479 | 0.01% | Jun 18, 2026 |
| Peter W. Getsinger | Director | 6,175 | 0.04% | Sep 23, 2026 |
| John Ronald Jeffrey Jr. | Director | 10,533 | 0.08% | Aug 4, 2026 |
| William F. Griffin Jr | Director | 1,061,778 | 7.57% | Jun 23, 2026 |
| Karen Sweeney | Director | 1,548 | 0.01% | Jun 17, 2026 |
| Cynthia Flanders | Director | 23,144 | 0.16% | Jun 16, 2026 |
| William F. Leimkuhler | Director | 38,028 | 0.27% | Jun 12, 2026 |
| James W. Quinn | Director | 51,803 | 0.37% | Jun 12, 2026 |
| Alexander Lisa Larroque | Director | 883 | 0.01% | Jun 12, 2026 |
| W. G. Champion Mitchell | Director | 38,333 | 0.27% | Dec 13, 2024 |
| Rainer H. Bosselmann | – | 196,723 | 1.40% | Sep 15, 2025 |
| Richard H. Deily | – | 7,802 | 0.06% | Sep 15, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Peter W. Getsinger Director | Sep 22, 2026 | Option exercise | +895 | $40.15 | $35.93K | 5,775 |
| John Ronald Jeffrey Jr. Director | Jul 31, 2026 | Sale | −5,716 | $579.64 | $3.31M | 2,533 |
| John Ronald Jeffrey Jr. Director | Jun 30, 2026 | Option exercise | +944 | $43.70 | $41.25K | 8,249 |
| John Ronald Jeffrey Jr. Director | Jun 30, 2026 | Option exercise | +4,772 | $35.72 | $170.46K | 7,305 |
| William F. Griffin Jr Director | Jun 22, 2026 | Sale | −20,000 | $760.43 | $15.21M | 40,976 |
| William F. Griffin Jr Director | Jun 18, 2026 | Sale | −30,000 | $725.85 | $21.78M | 60,976 |
| Joshua Scott Baugher Chief Financial Officer | Jun 17, 2026 | Sale | −305 | $734.00 | $223.87K | 1,479 |
| Joshua Scott Baugher Chief Financial Officer | Jun 17, 2026 | Option exercise | +455 | $61.22 | $27.86K | 2,239 |
| Joshua Scott Baugher Chief Financial Officer | Jun 17, 2026 | Sale | −455 | $732.83 | $333.44K | 1,784 |
| Karen Sweeney Director | Jun 17, 2026 | Sale | −300 | $705.00 | $211.50K | 1,548 |
| Peter W. Getsinger Director | Jun 17, 2026 | Sale | −2,000 | $699.00 | $1.40M | 4,880 |
| Peter W. Getsinger Director | Jun 16, 2026 | Sale | −4,728 | $708.65 | $3.35M | 6,880 |
| David Hibbert Watson PRESIDENT AND CEO, Director | Jun 16, 2026 | Option exercise | +862 | $39.47 | $34.02K | 40,867 |
| David Hibbert Watson PRESIDENT AND CEO, Director | Jun 16, 2026 | Option exercise | +588 | $61.22 | $36.00K | 41,455 |
| David Hibbert Watson PRESIDENT AND CEO, Director | Jun 16, 2026 | Option exercise | +430 | $148.72 | $63.95K | 41,885 |
| David Hibbert Watson PRESIDENT AND CEO, Director | Jun 16, 2026 | Sale | −1,880 | $707.35 | $1.33M | 40,005 |
| Peter W. Getsinger Director | Jun 15, 2026 | Option exercise | +4,728 | $35.72 | $168.88K | 11,608 |
| David Hibbert Watson PRESIDENT AND CEO, Director | Jun 15, 2026 | Sale | −9,993 | $651.22 | $6.51M | 40,005 |
| Cynthia Flanders Director | Jun 15, 2026 | Sale | −2,596 | $666.31 | $1.73M | 23,144 |
| William F. Griffin Jr Director | Jun 12, 2026 | Sale | −50,000 | $643.46 | $32.17M | 90,976 |
| Karen Sweeney Director | Jun 10, 2026 | Option exercise | +533 | – | – | 1,848 |
| Peter W. Getsinger Director | Jun 10, 2026 | Option exercise | +533 | – | – | 6,880 |
| John Ronald Jeffrey Jr. Director | Jun 10, 2026 | Option exercise | +533 | – | – | 2,533 |
| Alexander Lisa Larroque Director | Jun 10, 2026 | Option exercise | +533 | – | – | 883 |
| William F. Leimkuhler Director | Jun 10, 2026 | Option exercise | +533 | – | – | 37,028 |
| James W. Quinn Director | Jun 10, 2026 | Option exercise | +533 | – | – | 15,580 |
| Cynthia Flanders Director | Jun 10, 2026 | Gift | −1,000 | – | – | 25,207 |
| Cynthia Flanders Director | Jun 10, 2026 | Option exercise | +533 | – | – | 25,740 |
| Peter W. Getsinger Director | Apr 29, 2026 | Sale | −3,000 | $628.36 | $1.89M | 6,847 |
| Peter W. Getsinger Director | Apr 29, 2026 | Gift | −500 | – | – | 6,347 |
| Alexander Lisa Larroque Director | Apr 29, 2026 | Sale | −350 | $630.58 | $220.70K | 350 |
| William F. Leimkuhler Director | Apr 28, 2026 | Sale | −5,000 | $617.41 | $3.09M | 36,495 |
| William F. Leimkuhler Director | Apr 28, 2026 | Sale | −400 | $621.14 | $248.46K | 500 |
| William F. Leimkuhler Director | Apr 28, 2026 | Sale | −400 | $618.61 | $247.44K | 500 |
| John Ronald Jeffrey Jr. Director | Apr 27, 2026 | Sale | −2,698 | $664.84 | $1.79M | 2,000 |
| Charles Edwin Collins IV CHIEF EXECUTIVE OFFICER, GEMMA | Apr 21, 2026 | Sale | −11,068 | $621.61 | $6.88M | 30,320 |
| Charles Edwin Collins IV CHIEF EXECUTIVE OFFICER, GEMMA | Apr 21, 2026 | Option exercise | +333 | $148.72 | $49.52K | 41,388 |
| Charles Edwin Collins IV CHIEF EXECUTIVE OFFICER, GEMMA | Apr 21, 2026 | Option exercise | +500 | $61.22 | $30.61K | 41,055 |
| Charles Edwin Collins IV CHIEF EXECUTIVE OFFICER, GEMMA | Apr 21, 2026 | Option exercise | +5,000 | $36.78 | $183.90K | 35,320 |
| Charles Edwin Collins IV CHIEF EXECUTIVE OFFICER, GEMMA | Apr 21, 2026 | Option exercise | +5,235 | $33.81 | $177.00K | 40,555 |
| John Ronald Jeffrey Jr. Director | Apr 21, 2026 | Sale | −3,636 | $615.40 | $2.24M | 0 |
| John Ronald Jeffrey Jr. Director | Apr 21, 2026 | Option exercise | +4,698 | $37.13 | $174.44K | 4,698 |
| Charles Edwin Collins IV CHIEF EXECUTIVE OFFICER, GEMMA | Apr 20, 2026 | Sale | −2,500 | $610.00 | $1.53M | 30,320 |
| Charles Edwin Collins IV CHIEF EXECUTIVE OFFICER, GEMMA | Apr 20, 2026 | Option exercise | +2,500 | $39.47 | $98.68K | 32,820 |
| Joshua Scott Baugher Chief Financial Officer | Apr 17, 2026 | Option exercise | +305 | – | – | 1,784 |
| David Hibbert Watson PRESIDENT AND CEO, Director | Apr 17, 2026 | Option exercise | +11,513 | – | – | 63,552 |
| David Hibbert Watson PRESIDENT AND CEO, Director | Apr 17, 2026 | Option exercise | +5,756 | – | – | 69,308 |
| David Hibbert Watson PRESIDENT AND CEO, Director | Apr 17, 2026 | Sale | −19,310 | $602.11 | $11.63M | 49,998 |
| David Hibbert Watson PRESIDENT AND CEO, Director | Apr 17, 2026 | Option exercise | +2,302 | – | – | 52,039 |
| Charles Edwin Collins IV CHIEF EXECUTIVE OFFICER, GEMMA | Apr 17, 2026 | Option exercise | +2,813 | – | – | 25,727 |
| Charles Edwin Collins IV CHIEF EXECUTIVE OFFICER, GEMMA | Apr 17, 2026 | Option exercise | +1,125 | – | – | 26,852 |
| Charles Edwin Collins IV CHIEF EXECUTIVE OFFICER, GEMMA | Apr 17, 2026 | Option exercise | +2,531 | – | – | 29,383 |
| Charles Edwin Collins IV CHIEF EXECUTIVE OFFICER, GEMMA | Apr 17, 2026 | Option exercise | +937 | – | – | 30,320 |
| Alexander Lisa Larroque Director | Apr 16, 2026 | Option exercise | +700 | – | – | 700 |
| Joshua Scott Baugher Chief Financial Officer | Apr 16, 2026 | Option exercise | +335 | – | – | 2,079 |
| Joshua Scott Baugher Chief Financial Officer | Apr 16, 2026 | Option exercise | +509 | – | – | 1,744 |
| Joshua Scott Baugher Chief Financial Officer | Apr 16, 2026 | Sale | −600 | $605.60 | $363.36K | 1,479 |
| David Hibbert Watson PRESIDENT AND CEO, Director | Apr 16, 2026 | Option exercise | +736 | – | – | 49,737 |
| David Hibbert Watson PRESIDENT AND CEO, Director | Apr 16, 2026 | Option exercise | +1,869 | – | – | 49,001 |
| Charles Edwin Collins IV CHIEF EXECUTIVE OFFICER, GEMMA | Apr 16, 2026 | Option exercise | +360 | – | – | 22,914 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
7.04%
1M shares short
Days to cover
3.0
At 0M shares a day
Change since last report
-16.7%
From 1M shares
Short volume, 20 days
53.4%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Argan's stock actually held short. Settlement fails (shares not delivered on time) peaked at 29,025 shares on Aug 25, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| John Ronald Jeffrey Jr. Director | Jul 31, 2026 | 5,716 | $3.40M | Jul 31, 2026 | EQUITY GRANT |
| Peter W. Getsinger Director | Jun 23, 2026 | 2,000 | $1.40M | Jun 17, 2026 | Private Acquisition from Issuer/Affiliate |
| William F. Griffin Jr Director | Jun 22, 2026 | 20,000 | $15.33M | Jun 22, 2026 | Exchange |
| William F. Griffin Jr Director | Jun 18, 2026 | 30,000 | $21.98M | Jun 18, 2026 | Exchange |
| Joshua Scott Baugher Officer | Jun 17, 2026 | 760 | $528.63K | Jun 17, 2026 | EQUITY GRANT |
| Peter W. Getsinger Director | Jun 17, 2026 | 2,000 | $1.40M | Jun 17, 2026 | Exercise of Options Under a Registered Plan |
| Karen Sweeney Director | Jun 17, 2026 | 300 | $208.67K | Jun 17, 2026 | Restricted Stock Issuance |
| Peter W. Getsinger Director | Jun 16, 2026 | 4,728 | $3.35M | Jun 16, 2026 | Exercise of Options Under a Registered Plan |
| David Hibbert Watson Officer, Director | Jun 16, 2026 | 1,880 | $1.30M | Jun 16, 2026 | EQUITY GRANT |
| David Hibbert Watson Officer, Director | Jun 15, 2026 | 9,993 | $6.57M | Jun 15, 2026 | Restricted Stock Issuance |
| William F. Griffin Jr Director | Jun 12, 2026 | 50,000 | $32.05M | Jun 12, 2026 | Exchange |
| Cynthiaa Flanders DIRECTOR | Jun 12, 2026 | 2,596 | $1.61M | Jun 11, 2026 | STOCK OPTION |
| Peter W. Getsinger Director | Apr 29, 2026 | 3,000 | $1.89M | Apr 29, 2026 | Private Acquisition from Issuer/Affiliate |
| Alexander Lisa Larroque Director | Apr 29, 2026 | 350 | $220.52K | Apr 29, 2026 | Acquired as compensation -- Restricted Stock Units |
| William F. Leimkuhler Director | Apr 28, 2026 | 5,800 | $3.83M | Apr 28, 2026 | Stock Option Exercise |
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