ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

BRIDGEWAY CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001107261)

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

Q3 2018

Shares 21,500 Value ($000) $925 Avg Close $33.11 Range $30.30 - $37.34

Q2 2018

Shares 21,500 Value ($000) $880 Avg Close $31.67 Range $28.40 - $35.69

Q1 2018

Shares 21,500 Value ($000) $923 Avg Close $34.03 Range $30.52 - $37.91

Q4 2017

Shares 21,700 Value ($000) $977 Avg Close $47.97 Range $33.78 - $56.55

Q2 2014

Shares 63,500 Value ($000) $2,368 Avg Close $22.52 Range $19.58 - $28.47

Q1 2014

Shares 63,300 Value ($000) $1,882 Avg Close $21.60 Range $19.91 - $23.12

Q4 2013

Shares 63,300 Value ($000) $1,745 Avg Close $17.50 Range $15.22 - $20.83

Q3 2013

Shares 63,450 Value ($000) $1,394 Avg Close $12.69 Range $10.82 - $16.01

Q2 2013

Shares 128,450 Value ($000) $2,004 Avg Close $11.86 Range $10.07 - $13.44

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	21,500	$925	$33.11	$30.30 - $37.34
Q2 2018	21,500	$880	$31.67	$28.40 - $35.69
Q1 2018	21,500	$923	$34.03	$30.52 - $37.91
Q4 2017	21,700	$977	$47.97	$33.78 - $56.55
Q2 2014	63,500	$2,368	$22.52	$19.58 - $28.47
Q1 2014	63,300	$1,882	$21.60	$19.91 - $23.12
Q4 2013	63,300	$1,745	$17.50	$15.22 - $20.83
Q3 2013	63,450	$1,394	$12.69	$10.82 - $16.01
Q2 2013	128,450	$2,004	$11.86	$10.07 - $13.44