Rep. Gilbert Ray Cisneros Jr. (D-CA) Buys Argan (AGX) Stock
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Gilbert Ray Cisneros Jr. (D)
- Status:
- Member — House
- Party:
- Democrat
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Jul 2, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Argan, Inc. ($AGX) | Buy | Jun 30, 2026 | $15,001 - $50,000 |
Summary of the filed report, not the original document.
Key Points
- Democratic Representative Gilbert Ray Cisneros Jr. disclosed a House stock purchase of Argan, Inc. valued between $15,001 and $50,000 on July 2, 2026, following a June 30 trade date.
- Argan, Inc. posted trailing twelve-month revenue of $1.19 billion with an earnings per share of $12.67, and it next reports financial results on December 3, 2026.
- Lake Street, Piper Sandler, and JP Morgan recently updated coverage on Argan, Inc. with price targets ranging from $273.00 to $785.00.
Since the trade, $AGX is down 16.9% after 1 week, down 27.3% after 1 month and down 56.7% to date (from the $797.90 close on Jun 30, 2026).
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Democratic Representative Gilbert Ray Cisneros Jr. picked up shares of Argan, Inc. ticker AGX, according to a periodic transaction report filed with the House on July 2, 2026. The Democratic lawmaker executed the purchase on June 30, 2026, with the transaction value disclosed within a range between $15,001 and $50,000.
AGX
Argan, Inc.
Inside Rep. Gilbert Ray Cisneros Jr.'s Argan Trade
The stock trade was revealed in a standard disclosure under the STOCK Act. Because congressional stock disclosures report holdings in broad dollar ranges rather than exact share amounts or purchase prices, the exact size of the position remains open. The trade adds to a string of recent stock disclosures filed by the lawmaker in late summer.
Other Institutional Activity in Argan
First Trust Advisors LP reduced its holdings by 36,956 shares, ending the period with 754,403 shares worth about $268,145,004. Renaissance Technologies, LLC grew its holdings by 37,508 shares, ending with 648,379 shares worth about $230,459,833. American Century Companies Inc grew its holdings by 26,352 shares, ending with 447,983 shares worth about $159,231,078. Lone Pine Capital Llc reduced its holdings by 24,452 shares, ending with 368,673 shares worth about $131,041,132.
Argan, Inc. Stock Down 10.6%
Argan shares recently traded around $348.45 as of October 16, 2026. That puts the stock down about 56.3% from when the lawmaker bought shares on June 30, 2026, when the stock closed at $797.90.
Recent Earnings
Argan generated trailing twelve-month revenue of $1.18 billion alongside earnings of $12.67 per share. The engineering and construction firm reported a net profit margin of 15.1% and a return on equity of 39.8%. Its next quarterly financial update is scheduled for December 3, 2026.
Dividend
Argan distributes an annual dividend rate of $2.80 per share, backed by a dividend payout ratio of 15.8%.
Insider Buying and Selling at Argan, Inc.
Director Peter W Getsinger disposed of 6,728 shares on June 17, 2026, with a total value of $4,748,497. Director Karen Sweeney sold 300 shares at $705.00 per share on June 17, 2026, totaling $211,500. Chief Financial Officer Joshua Scott Baugher disposed of 760 shares on June 17, 2026, valued at $557,308. Director William F Griffin Jr sold 50,000 shares on June 22, 2026, with a total value of $36,984,100.
Analysts Set New Price Targets
On September 3, 2026, Lake Street upgraded the stock to a Buy rating with a $600.00 price target. On September 9, 2026, Piper Sandler initiated coverage with an Underweight rating and a $273.00 price target. Later, on September 29, 2026, JP Morgan maintained an Overweight rating while lowering its price target from $800.00 to $785.00.
About Argan
Argan, Inc. operates in the industrials sector, providing engineering, procurement, construction, and maintenance services primarily for the power generation industry. It serves clients across the United States, Ireland, and the United Kingdom through its power, industrial, and teledata segments, supporting major energy infrastructure projects.
Bottom Line
Investors tracking congressional trades can watch for additional disclosures from Representative Cisneros or future periodic reports. Argan's next earnings report on December 3, 2026, will provide further clarity on its financial progress.
Related Filing Alerts
Source: Gilbert Ray Cisneros Jr.'s STOCK Act disclosure on $AGX (Jun 30, 2026). Written by software, not financial advice. How we make alerts