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Argan (NYSE:AGX) Director Sells $220,703.00 in Stock
Argan (NYSE:AGX) Director Alexander Lisa Larroque sold 350 shares of the company stock for $220,703, reducing their position by 50%. This transaction follows a strong quarter for Argan, where it surpassed earnings and revenue expectations, reported healthy profitability, declared a quarterly dividend, and approved a $200 million share buyback. Analysts have responded with increased price targets and a “Moderate Buy” consensus rating for the stock.