Sam Brown Sells 735 Shares of Amalgamated Financial (NASDAQ:AMAL) Stock

Posted by George Bondi on Sep 12th, 2026

Amalgamated Financial Corp. (NASDAQ:AMAL – Get Free Report) EVP Sam Brown sold 735 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $47.61, for a total transaction of $34,993.35. Following the completion of the transaction, the executive vice president owned 25,874 shares in the company, valued at $1,231,861.14. This trade represents a 2.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amalgamated Financial Trading Down 1.3%

AMAL opened at $47.87 on Friday. Amalgamated Financial Corp. has a twelve month low of $25.13 and a twelve month high of $51.59. The company has a quick ratio of 0.63, a current ratio of 0.64 and a debt-to-equity ratio of 0.08. The company has a fifty day moving average of $48.58 and a 200-day moving average of $43.77. The stock has a market cap of $1.43 billion, a PE ratio of 12.77 and a beta of 0.79.

Amalgamated Financial (NASDAQ:AMAL – Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.10. The business had revenue of $96.10 million during the quarter, compared to the consensus estimate of $92.09 million. Amalgamated Financial had a net margin of 23.34% and a return on equity of 14.30%. On average, sell-side analysts predict that Amalgamated Financial Corp. will post 4.06 EPS for the current year.

Amalgamated Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Tuesday, August 4th were given a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, August 4th. This represents a $0.68 annualized dividend and a dividend yield of 1.4%. Amalgamated Financial’s dividend payout ratio (DPR) is 18.13%.

Hedge Funds Weigh In On Amalgamated Financial

A number of institutional investors and hedge funds have recently made changes to their positions in AMAL. Integrated Wealth Concepts LLC bought a new stake in Amalgamated Financial in the 2nd quarter valued at about $30,000. Osaic Holdings Inc. increased its holdings in shares of Amalgamated Financial by 56.7% during the second quarter. Osaic Holdings Inc. now owns 1,080 shares of the company’s stock valued at $34,000 after acquiring an additional 391 shares in the last quarter. Arax Advisory Partners increased its holdings in shares of Amalgamated Financial by 187.1% during the fourth quarter. Arax Advisory Partners now owns 1,269 shares of the company’s stock valued at $41,000 after acquiring an additional 827 shares in the last quarter. Royal Bank of Canada raised its position in shares of Amalgamated Financial by 143.8% during the first quarter. Royal Bank of Canada now owns 1,485 shares of the company’s stock worth $57,000 after purchasing an additional 876 shares during the period. Finally, Compass Financial Management LLC acquired a new position in shares of Amalgamated Financial during the second quarter worth approximately $59,000. Institutional investors own 75.93% of the company’s stock.

Trending Headlines about Amalgamated Financial

Here are the key news stories impacting Amalgamated Financial this week:

Positive Sentiment: Amalgamated Financial’s latest reported quarter showed solid operating momentum: earnings per share came in at $1.10 versus the $1.00 consensus estimate, while revenue of $96.1 million exceeded expectations of $92.09 million.
Positive Sentiment: Analyst sentiment remains constructive. The consensus rating is “Moderate Buy” with a $54 price target; Raymond James initiated coverage with an “outperform” rating and a $55 target, while Keefe, Bruyette & Woods raised its target to $54.
Positive Sentiment: The company maintains a quarterly dividend of $0.17, or $0.68 annualized, representing a yield of approximately 1.4% and a payout ratio of about 18%.
Neutral Sentiment: Reported short interest was zero shares, producing a zero-day short-interest ratio. The unchanged reading provides little useful information about current trading pressure.
Negative Sentiment: Major shareholders United Workers and States Regional Joint Western each reported selling 79,649 AMAL shares at an average price of approximately $47.91, reducing their reported positions by about 40%. The combined sales represent roughly $7.6 million of potential supply. SEC major-shareholder filing
Negative Sentiment: EVP Sam Brown sold 30,000 shares for approximately $1.45 million on September 8 and another 735 shares for about $35,000 on September 9. These transactions reduced his direct holdings substantially, although both were executed under a pre-arranged Rule 10b5-1 plan. SEC insider-sale filing

Analyst Ratings Changes

Several equities research analysts recently commented on AMAL shares. Piper Sandler upped their target price on Amalgamated Financial from $48.00 to $53.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Raymond James Financial began coverage on Amalgamated Financial in a report on Thursday, September 3rd. They issued an “outperform” rating and a $55.00 target price for the company. Keefe, Bruyette & Woods boosted their price target on Amalgamated Financial from $53.00 to $54.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Weiss Ratings upgraded Amalgamated Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 5th. Finally, Zacks Research raised shares of Amalgamated Financial from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $54.00.

Check Out Our Latest Stock Report on AMAL

About Amalgamated Financial

(Get Free Report)

Amalgamated Financial Corp. (NASDAQ: AMAL) is the bank holding company for Amalgamated Bank, a fully insured commercial bank with a historic mission of serving labor unions, progressive non-profits and mission-driven organizations. Founded in 1923 by the Amalgamated Clothing Workers of America, Amalgamated Bank has grown into a national institution offering a broad suite of banking services, including deposit accounts, commercial and consumer lending, cash management, and treasury solutions tailored to organizations with social responsibility or union affiliations.

In addition to core banking, Amalgamated Financial provides wealth management and trust services, retirement plan consulting and impact investing strategies.