Principal Financial Group Inc. Has $7.74 Million Stock Position in Argan, Inc. $AGX

Principal Financial Group Inc. increased its stake in Argan, Inc. (NYSE:AGX) by 84.3% in the third quarter, bringing its total holdings to 28,664 shares valued at $7.74 million. Other institutional investors also adjusted their positions in Argan, with overall institutional ownership now standing at 79.43%. Analysts have a “Hold” consensus rating on Argan, with an average target price of $355.20, despite some recent “Buy” ratings and price target upgrades.

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