ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

MV CAPITAL MANAGEMENT, INC.'s Holding History (CIK: 0001633366)

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

Q3 2017

Shares 33 Value ($000) $2 Avg Close $49.99 Range $46.39 - $53.79

Q2 2017

Shares 33 Value ($000) $2 Avg Close $51.44 Range $45.31 - $57.90

Q1 2017

Shares 33 Value ($000) $2 Avg Close $55.74 Range $49.85 - $61.08

Q4 2016

Shares 33 Value ($000) $2 Avg Close $49.57 Range $43.00 - $60.01

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2017	33	$2	$49.99	$46.39 - $53.79
Q2 2017	33	$2	$51.44	$45.31 - $57.90
Q1 2017	33	$2	$55.74	$49.85 - $61.08
Q4 2016	33	$2	$49.57	$43.00 - $60.01