Argan (AGX) : Investment Management Of Virginia reduced its stake in Argan by 24.78% during the most recent quarter end. The investment management company now holds a total of 68,867 shares of Argan which is valued at $3,950,900 after selling 22,689 shares in Argan , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.Argan makes up approximately 1.00% of Investment Management Of Virginia’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc added AGX to its portfolio by purchasing 155 company shares during the most recent quarter which is valued at $8,892.Legal General Group Plc reduced its stake in AGX by selling 570 shares or 25.13% in the most recent quarter. The Hedge Fund company now holds 1,698 shares of AGX which is valued at $97,414.Eagle Asset Management Inc reduced its stake in AGX by selling 44,389 shares or 15.39% in the most recent quarter. The Hedge Fund company now holds 244,093 shares of AGX which is valued at $14,003,615. Argan makes up approx 0.10% of Eagle Asset Management Inc’s portfolio. First Mercantile Trust Co sold out all of its stake in AGX during the most recent quarter. The investment firm sold 2,400 shares of AGX which is valued $137,688.Bnp Paribas Arbitrage Sa boosted its stake in AGX in the latest quarter, The investment management firm added 419 additional shares and now holds a total of 936 shares of Argan which is valued at $54,999.
Argan closed down -0.58 points or -1.00% at $57.37 with 2,83,581 shares getting traded on Tuesday. Post opening the session at $57.95, the shares hit an intraday low of $57.27 and an intraday high of $57.95 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
Argan Inc. is a holding company. The Company conducts operations through its wholly owned subsidiaries Gemma Power Systems LLC and affiliates (GPS) and Southern Maryland Cable Inc. (SMC). The Company operates in two segments: power industry services and telecommunications infrastructure services. Through GPS the Company provides a range of development consulting engineering procurement construction commissioning operations and maintenance services to the power generation and renewable energy markets for a variety of customers including public utilities independent power project owners municipalities public institutions and private industry. Through SMC it provides telecommunications infrastructure services including project management construction and maintenance to the federal government local governments telecommunications and broadband service providers as well as electric utilities.