ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

NORDEA INVESTMENT MANAGEMENT AB's Holding History (CIK: 0001218210)

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

Q1 2019

Shares 112,290 Value ($000) $5,609 Avg Close $37.27 Range $30.71 - $41.54

Q4 2018

Shares 114,270 Value ($000) $4,323 Avg Close $34.78 Range $28.89 - $39.15

Q3 2018

Shares 117,056 Value ($000) $5,033 Avg Close $33.11 Range $30.30 - $37.34

Q2 2018

Shares 77,614 Value ($000) $3,178 Avg Close $31.67 Range $28.40 - $35.69

Q1 2018

Shares 72,680 Value ($000) $3,122 Avg Close $34.03 Range $30.52 - $37.91

Q4 2017

Shares 41,907 Value ($000) $1,886 Avg Close $47.97 Range $33.78 - $56.55

Q4 2016

Shares 1,850 Value ($000) $131 Avg Close $49.57 Range $43.00 - $60.01

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	112,290	$5,609	$37.27	$30.71 - $41.54
Q4 2018	114,270	$4,323	$34.78	$28.89 - $39.15
Q3 2018	117,056	$5,033	$33.11	$30.30 - $37.34
Q2 2018	77,614	$3,178	$31.67	$28.40 - $35.69
Q1 2018	72,680	$3,122	$34.03	$30.52 - $37.91
Q4 2017	41,907	$1,886	$47.97	$33.78 - $56.55
Q4 2016	1,850	$131	$49.57	$43.00 - $60.01