ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

EMERALD ADVISERS, LLC's Holding History (CIK: 0001015083)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 98,072 Value ($000) $30,728 Avg Close $316.84 Range $254.80 - $398.80

Q3 2025

Shares 86,532 Value ($000) $23,368 Avg Close $228.35 Range $195.93 - $278.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	98,072	$30,728	$316.84	$254.80 - $398.80
Q3 2025	86,532	$23,368	$228.35	$195.93 - $278.13