Insider Sell Alert: Richard Deily Sells Shares of Argan Inc (AGX)

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6 days ago

On January 8, 2025, Richard Deily, Compliance Officer and Former Chief Financial Officer at Argan Inc's subsidiary, sold 2,000 shares of Argan Inc (AGX, Financial). Following this transaction, the insider now owns 9,367 shares of the company. The details of this transaction can be found in the SEC Filing. Argan Inc (AGX) is a holding company that, through its subsidiaries, provides a range of services to the power industry, including engineering, procurement, construction, commissioning, operations management, maintenance, development, and consulting services. 1877869415832383488.png Over the past year, Richard Deily has sold a total of 8,256 shares and has not purchased any shares. The insider transaction history for Argan Inc indicates that there have been no insider buys and 22 insider sells over the same period. 1877869455682465792.png As of the date of the recent transaction, shares of Argan Inc were trading at $150 each, resulting in a market cap of $2.164 billion. The company's price-earnings ratio stands at 33.35, which is higher than the industry median of 15.49 and also higher than the company's historical median price-earnings ratio. With a trading price of $150 and a GF Value of $73.79, Argan Inc has a price-to-GF-Value ratio of 2.03, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.