No insider purchase over the last 90 days. The latest was filed 12 Oct 2023.
Every trade that managers of Argan Inc disclose to SEC (Form 4) is tracked on this page. The company sits in the Construction sector. In the past year (18 October 2025 to 18 October 2026), 102 filings came from 18 insiders.
The flow runs one way only: 34 sales worth €51.4M, from 10 insiders, and no purchase. The totals do not cover 11 filings with an undisclosed amount. At €9.9M, the sale published on 20 April 2026 by Watson David Hibbert is the largest of the period (0.11% of market cap).
With 102 filings in twelve months, the company is more active than the median of 22 filings across the 5,458 companies we follow on the same exchange. Over the whole record (from 2016), the tally stands at 4 purchases and 79 sales. On the fundamentals side, the SEC filing (10-K) for the period ending 31 January 2026 lists revenue at 944.6 m USD and net income at 137.8 m USD; the dividend was 1.75 USD per share.
The median gap between a trade and its publication by SEC (Form 4) is 2 days. Section 16 rules allow two business days to file each Form 4. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification.
In the same sector, recent insider purchases at Lennar Corp /NEW/ also feature in our signals. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
+7 other insiders
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended January 2026 · cache
25 of 254 declarations
Argan, Inc. (NYSE: AGX) is a U.S.-based engineering and construction company focused on specialized infrastructure projects, with its corporate headquarters in Arlington, Virginia. For investors, Argan is best understood as a project-driven industrial contractor rather than a generalist construction group. The company emphasizes that it delivers revenue, earnings, and cash flow through its operating subsidiaries, leveraging management’s experience in building and scaling acquired businesses. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000100591/000110465926035216/agx-20260131x10k.htm?utm_source=openai))
Argan’s business model is organized around three reportable segments: Power, Industrial, and Teledata. Power is the company’s historical core and remains the largest strategic platform; it provides EPC services for power-generation facilities, including combined-cycle gas-fired plants and other generation assets. Industrial expands the addressable market into adjacent infrastructure and construction end markets such as data centers, water-treatment facilities, recycling plants, and other industrial projects. Teledata is smaller but adds telecommunications infrastructure capabilities, including network deployment and related services. This mix gives Argan a specialist profile with exposure to large, technically complex projects and backlog-driven revenue visibility. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000100591/000110465926035216/agx-20260131x10k.htm?utm_source=openai))
The company was founded in 1961, giving it a long operating history in the United States. Over time, Argan has evolved toward a more focused, niche positioning built around execution discipline, contract management, and project delivery in markets where scale, schedule, and technical know-how matter. Management has described its growth approach as improving acquired operating companies and positioning them for expansion. The move of the corporate headquarters to Arlington, Virginia in 2025 reinforces the company’s U.S. operating base and East Coast footprint. ([sec.gov](https://www.sec.gov/Archives/edgar/data/100591/000155837025003819/agx-20250131x10k.htm?utm_source=openai))
From a competitive standpoint, Argan is not a broad-based infrastructure conglomerate; it competes as a specialty contractor with deep expertise in energy and selected industrial verticals. Its differentiators are execution capabilities, engineering and EPC experience, and a growing backlog that supports medium-term revenue conversion. In fiscal 2026, Argan reported record performance, including consolidated revenue of $944.6 million and a significantly larger backlog. The company also stated that its Industrial segment expanded rapidly during the year, with project awards across data centers, water treatment, recycling facilities, and other industrial end markets. By December 2025, backlog had reached a record $3.0 billion, underscoring strong demand and improved market momentum. ([arganinc.com](https://arganinc.com/wp-content/uploads/2026/04/Argan-2026-Annual-Report_SEARCHABLE.pdf?utm_source=openai))
Recent company actions have also been supportive for equity investors. In April 2026, Argan announced an increase to its share repurchase program and declared a regular quarterly cash dividend of $0.50 per common share. Operationally, Gemma Power Systems, one of Argan’s key subsidiaries, received notices to proceed on large Texas power projects, including a 1.35 GW combined-cycle plant and a 1.2 GW power project. For French-speaking investors, AGX offers a U.S.-listed industrial stock on the NYSE with direct exposure to energy infrastructure, power generation, and selected industrial construction themes in the United States. ([arganinc.com](https://arganinc.com/news/argan-inc-announces-increase-to-share-repurchase-program-declares-regular-quarterly-cash-dividend-of-0-50-per-common-share/?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Jan 2026 | 944.6 m USD | 137.8 m USD | 9.74 USD | 1.75 USD | 10-K |
| Jan 2025 | 874.2 m USD | 85.5 m USD | 6.15 USD | 1.35 USD | 10-K |
| Jan 2024 | 573.3 m USD | 32.4 m USD | 2.39 USD | 1.10 USD | 10-K |
| Jan 2023 | 455.0 m USD | 33.1 m USD | 2.33 USD | 1.00 USD | 10-K |
| Jan 2022 | 509.4 m USD | 38.2 m USD | 2.40 USD | 1.00 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.