ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

Cardinal Capital Management's Holding History (CIK: 0001434845)

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

Q4 2025

Shares 26,942 Value ($000) $8,441 Avg Close $316.84 Range $254.80 - $398.80

Q3 2025

Shares 27,080 Value ($000) $7,313 Avg Close $228.35 Range $195.93 - $278.13

Q2 2025

Shares 30,510 Value ($000) $6,727 Avg Close $179.22 Range $110.29 - $245.38

Q1 2025

Shares 31,086 Value ($000) $4,078 Avg Close $138.40 Range $100.23 - $189.58

Q4 2024

Shares 30,975 Value ($000) $4,245 Avg Close $135.95 Range $97.50 - $163.70

Q3 2024

Shares 31,080 Value ($000) $3,152 Avg Close $78.01 Range $62.72 - $101.68

Q2 2024

Shares 29,062 Value ($000) $2,126 Avg Close $64.38 Range $47.80 - $77.64

Q1 2024

Shares 28,724 Value ($000) $1,452 Avg Close $45.84 Range $42.51 - $50.86

Q4 2023

Shares 22,904 Value ($000) $1,072 Avg Close $44.26 Range $38.63 - $47.16

Q3 2023

Shares 22,667 Value ($000) $1,032 Avg Close $39.84 Range $36.09 - $45.19

Q2 2023

Shares 22,053 Value ($000) $869 Avg Close $38.78 Range $36.26 - $43.43

Q1 2023

Shares 21,687 Value ($000) $878 Avg Close $37.40 Range $34.20 - $41.47

Q4 2022

Shares 21,502 Value ($000) $793 Avg Close $33.26 Range $29.76 - $36.18

Q3 2022

Shares 20,575 Value ($000) $662 Avg Close $33.09 Range $29.38 - $35.75

Q2 2022

Shares 19,457 Value ($000) $726 Avg Close $35.70 Range $33.06 - $39.34

Q1 2022

Shares 18,776 Value ($000) $762 Avg Close $36.28 Range $33.93 - $38.45

Q4 2021

Shares 16,646 Value ($000) $644 Avg Close $38.45 Range $33.71 - $42.59

Q3 2021

Shares 16,429 Value ($000) $717 Avg Close $41.36 Range $39.22 - $45.43

Q2 2021

Shares 16,186 Value ($000) $774 Avg Close $45.34 Range $41.45 - $50.76

Q1 2021

Shares 16,068 Value ($000) $857 Avg Close $43.70 Range $37.51 - $50.30

Q4 2020

Shares 15,867 Value ($000) $706 Avg Close $39.68 Range $35.31 - $48.07

Q3 2020

Shares 15,274 Value ($000) $640 Avg Close $38.31 Range $36.08 - $41.98

Q2 2020

Shares 14,713 Value ($000) $697 Avg Close $32.59 Range $27.67 - $41.20

Q1 2020

Shares 13,349 Value ($000) $461 Avg Close $35.14 Range $25.37 - $40.49

Q4 2019

Shares 14,488 Value ($000) $582 Avg Close $32.38 Range $27.35 - $35.04

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	26,942	$8,441	$316.84	$254.80 - $398.80
Q3 2025	27,080	$7,313	$228.35	$195.93 - $278.13
Q2 2025	30,510	$6,727	$179.22	$110.29 - $245.38
Q1 2025	31,086	$4,078	$138.40	$100.23 - $189.58
Q4 2024	30,975	$4,245	$135.95	$97.50 - $163.70
Q3 2024	31,080	$3,152	$78.01	$62.72 - $101.68
Q2 2024	29,062	$2,126	$64.38	$47.80 - $77.64
Q1 2024	28,724	$1,452	$45.84	$42.51 - $50.86
Q4 2023	22,904	$1,072	$44.26	$38.63 - $47.16
Q3 2023	22,667	$1,032	$39.84	$36.09 - $45.19
Q2 2023	22,053	$869	$38.78	$36.26 - $43.43
Q1 2023	21,687	$878	$37.40	$34.20 - $41.47
Q4 2022	21,502	$793	$33.26	$29.76 - $36.18
Q3 2022	20,575	$662	$33.09	$29.38 - $35.75
Q2 2022	19,457	$726	$35.70	$33.06 - $39.34
Q1 2022	18,776	$762	$36.28	$33.93 - $38.45
Q4 2021	16,646	$644	$38.45	$33.71 - $42.59
Q3 2021	16,429	$717	$41.36	$39.22 - $45.43
Q2 2021	16,186	$774	$45.34	$41.45 - $50.76
Q1 2021	16,068	$857	$43.70	$37.51 - $50.30
Q4 2020	15,867	$706	$39.68	$35.31 - $48.07
Q3 2020	15,274	$640	$38.31	$36.08 - $41.98
Q2 2020	14,713	$697	$32.59	$27.67 - $41.20
Q1 2020	13,349	$461	$35.14	$25.37 - $40.49
Q4 2019	14,488	$582	$32.38	$27.35 - $35.04