Jason Darby Sells 19,995 Shares of Amalgamated Financial (NASDAQ:AMAL) Stock

Posted by Stanley Muller on Sep 13th, 2026

Amalgamated Financial Corp. (NASDAQ:AMAL – Get Free Report) CFO Jason Darby sold 19,995 shares of the company’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $48.10, for a total transaction of $961,759.50. Following the sale, the chief financial officer directly owned 53,851 shares in the company, valued at approximately $2,590,233.10. This trade represents a 27.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jason Darby also recently made the following trade(s):

On Wednesday, September 2nd, Jason Darby sold 1 shares of Amalgamated Financial stock. The stock was sold at an average price of $48.20, for a total transaction of $48.20.

Amalgamated Financial Price Performance

AMAL opened at $47.87 on Friday. The firm has a 50-day moving average price of $48.58 and a 200-day moving average price of $43.77. 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 market capitalization of $1.43 billion, a price-to-earnings ratio of 12.77 and a beta of 0.79.

Amalgamated Financial (NASDAQ:AMAL – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.10. The company had revenue of $96.10 million for the quarter, compared to analysts’ expectations of $92.09 million. Amalgamated Financial had a net margin of 23.34% and a return on equity of 14.30%. Equities analysts expect that Amalgamated Financial Corp. will post 4.06 EPS for the current year.

Amalgamated Financial Dividend Announcement

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Amalgamated Financial by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,654 shares of the company’s stock worth $306,000 after buying an additional 468 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Amalgamated Financial by 17.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 65,110 shares of the company’s stock worth $1,872,000 after buying an additional 9,500 shares in the last quarter. Jane Street Group LLC grew its position in Amalgamated Financial by 373.1% during the first quarter. Jane Street Group LLC now owns 44,284 shares of the company’s stock worth $1,273,000 after buying an additional 34,923 shares in the last quarter. Legal & General Group Plc increased its stake in Amalgamated Financial by 11.6% in the 2nd quarter. Legal & General Group Plc now owns 21,476 shares of the company’s stock worth $670,000 after acquiring an additional 2,231 shares during the last quarter. Finally, Rhumbline Advisers increased its stake in Amalgamated Financial by 27.9% in the 2nd quarter. Rhumbline Advisers now owns 35,442 shares of the company’s stock worth $1,106,000 after acquiring an additional 7,741 shares during the last quarter. Institutional investors own 75.93% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Piper Sandler lifted their price target on Amalgamated Financial from $48.00 to $53.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Zacks Research upgraded Amalgamated Financial from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 25th. Raymond James Financial initiated coverage on Amalgamated Financial in a report 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. Finally, Keefe, Bruyette & Woods upped their price target on Amalgamated Financial from $53.00 to $54.00 and gave the company an “outperform” rating in a research 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. According to data from MarketBeat, Amalgamated Financial currently has an average rating of “Moderate Buy” and a consensus target price of $54.00.

Get Our Latest Stock Analysis on AMAL

Amalgamated Financial News Summary

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

About Amalgamated Financial

(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.