Amalgamated Financial (NASDAQ:AMAL) Major Shareholder United Workers Sells 228,284 Shares of Stock

Posted by Francis Steltz on Sep 15th, 2026

Amalgamated Financial Corp. (NASDAQ:AMAL – Get Free Report) major shareholder United Workers sold 228,284 shares of Amalgamated Financial stock in a transaction on Monday, September 14th. The shares were sold at an average price of $47.84, for a total transaction of $10,921,106.56. Following the completion of the sale, the insider owned 373,022 shares in the company, valued at approximately $17,845,372.48. This trade represents a 37.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

United Workers also recently made the following trade(s):

On Friday, September 11th, United Workers sold 234,128 shares of Amalgamated Financial stock. The stock was sold at an average price of $47.88, for a total transaction of $11,210,048.64.
On Wednesday, September 9th, United Workers sold 79,649 shares of Amalgamated Financial stock. The shares were sold at an average price of $47.91, for a total transaction of $3,815,983.59.
On Tuesday, September 8th, United Workers sold 42,910 shares of Amalgamated Financial stock. The shares were sold at an average price of $48.56, for a total transaction of $2,083,709.60.
On Friday, September 4th, United Workers sold 68,783 shares of Amalgamated Financial stock. The stock was sold at an average price of $49.20, for a total transaction of $3,384,123.60.
On Thursday, September 3rd, United Workers sold 44,658 shares of Amalgamated Financial stock. The shares were sold at an average price of $49.43, for a total value of $2,207,444.94.
On Wednesday, September 2nd, United Workers sold 44,244 shares of Amalgamated Financial stock. The stock was sold at an average price of $48.19, for a total value of $2,132,118.36.
On Tuesday, September 1st, United Workers sold 15,000 shares of Amalgamated Financial stock. The stock was sold at an average price of $47.28, for a total value of $709,200.00.
On Monday, August 31st, United Workers sold 73,535 shares of Amalgamated Financial stock. The shares were sold at an average price of $48.12, for a total value of $3,538,504.20.

Amalgamated Financial Stock Down 1.7%

Shares of Amalgamated Financial stock traded down $0.79 during trading on Tuesday, hitting $46.99. The company’s stock had a trading volume of 235,460 shares, compared to its average volume of 168,863. Amalgamated Financial Corp. has a 52 week low of $25.13 and a 52 week high of $51.59. The company has a market capitalization of $1.41 billion, a PE ratio of 12.53 and a beta of 0.79. The company has a fifty day simple moving average of $48.60 and a two-hundred day simple moving average of $43.87. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.63 and a current ratio of 0.64.

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, beating analysts’ consensus estimates of $1.00 by $0.10. Amalgamated Financial had a net margin of 23.34% and a return on equity of 14.30%. The business had revenue of $96.10 million during the quarter, compared to the consensus estimate of $92.09 million. Equities research analysts predict that Amalgamated Financial Corp. will post 4.06 earnings per share for the current year.

Amalgamated Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Tuesday, August 4th were issued a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, August 4th. This represents a $0.68 annualized dividend and a yield of 1.4%. Amalgamated Financial’s payout ratio is 18.13%.

Analysts Set New Price Targets

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

View Our Latest Research Report on AMAL

Hedge Funds Weigh In On Amalgamated Financial

A number of institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC purchased a new position in Amalgamated Financial during the second quarter valued at $30,000. Arizona State Retirement System bought a new position in shares of Amalgamated Financial in the second quarter worth about $227,000. Amundi bought a new position in shares of Amalgamated Financial in the second quarter worth about $228,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Amalgamated Financial during the 2nd quarter valued at about $421,000. Finally, Compass Financial Management LLC bought a new position in shares of Amalgamated Financial during the 2nd quarter valued at approximately $59,000. 75.93% of the stock is owned by institutional investors.

Amalgamated Financial Company Profile

(Get Free Report)

Amalgamated Financial Corporation is the holding company for Amalgamated Bank, a full-service commercial bank founded in 1923 by the Amalgamated Clothing Workers of America. The bank provides banking and financial services to consumers, businesses, nonprofit organizations, labor unions, political organizations and other mission-driven institutions.

Its products and services include commercial and consumer deposit accounts, lending, cash management, payment processing, online and mobile banking, investment management and related treasury services.