Published on 20 Apr 2024 on GuruFocus.com via Yahoo Finance
Argan Inc's CFO, SVP Richard Deily Sells Company Shares
Richard Deily, the Chief Financial Officer and Senior Vice President of Argan Inc (NYSE:AGX), has sold 6,256 shares of the company on April 19, 2024, according to a recent SEC filing.Argan Inc is a holding company that conducts operations through its wholly-owned subsidiaries, primarily engaged in providing a full range of engineering, procurement, and construction services to the power generation and renewable energy sectors.Over the past year, the insider has sold a total of 6,256 shares and has not made any purchases of the company's stock. The transaction history for Argan Inc insiders over the past year indicates a total of 1 insider buy and 5 insider sells.
On the date of the recent sale by Richard Deily, shares of Argan Inc were trading at $61.15, giving the company a market capitalization of $819.828 million. The price-earnings ratio of the company stands at 25.91, which is above the industry median of 15.32 and also higher than Argan Inc's historical median price-earnings ratio.The stock's price-to-GF-Value ratio is 1.1, with a GF Value of $55.68, indicating that Argan Inc is considered modestly overvalued according to GuruFocus's valuation.