Amalgamated Financial (NASDAQ:AMAL) Major Shareholder United Workers Sells 30,000 Shares of Company Stock

Posted by Stanley Muller on Nov 4th, 2026

Amalgamated Financial Corp. (NASDAQ:AMAL – Get Free Report) major shareholder United Workers sold 30,000 shares of the business’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $50.81, for a total value of $1,524,300.00. Following the completion of the sale, the insider directly owned 6,856,216 shares of the company’s stock, valued at $348,364,334.96. This represents a 0.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

On Tuesday, November 3rd, United Workers sold 16,000 shares of Amalgamated Financial stock. The shares were sold at an average price of $50.02, for a total value of $800,320.00.
On Friday, October 30th, United Workers sold 30,000 shares of Amalgamated Financial stock. The shares were sold at an average price of $49.97, for a total value of $1,499,100.00.
On Monday, September 14th, United Workers sold 228,284 shares of Amalgamated Financial stock. The shares were sold at an average price of $47.84, for a total value of $10,921,106.56.
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 value of $11,210,048.64.
On Wednesday, September 9th, United Workers sold 79,649 shares of Amalgamated Financial stock. The stock was sold at an average price of $47.91, for a total value of $3,815,983.59.
On Tuesday, September 8th, United Workers sold 42,910 shares of Amalgamated Financial stock. The stock was sold at an average price of $48.56, for a total value of $2,083,709.60.
On Friday, September 4th, United Workers sold 68,783 shares of Amalgamated Financial stock. The shares were sold at an average price of $49.20, for a total value 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 shares were sold at an average price of $48.19, for a total transaction of $2,132,118.36.
On Tuesday, September 1st, United Workers sold 15,000 shares of Amalgamated Financial stock. The shares were sold at an average price of $47.28, for a total transaction of $709,200.00.

Amalgamated Financial Price Performance

Shares of Amalgamated Financial stock opened at $49.89 on Wednesday. The firm has a fifty day simple moving average of $48.16 and a 200-day simple moving average of $43.98. The company has a current ratio of 0.64, a quick ratio of 0.63 and a debt-to-equity ratio of 0.08. Amalgamated Financial Corp. has a 1-year low of $26.61 and a 1-year high of $52.30. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of 12.26 and a beta of 0.76.

Amalgamated Financial (NASDAQ:AMAL – Get Free Report) last posted its earnings results on Thursday, October 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.06. Amalgamated Financial had a net margin of 24.57% and a return on equity of 15.00%. The business had revenue of $99.17 million for the quarter, compared to analyst estimates of $99.26 million. On average, sell-side analysts expect that Amalgamated Financial Corp. will post 4.13 earnings per share for the current year.

Amalgamated Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Tuesday, November 3rd will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Tuesday, November 3rd. Amalgamated Financial’s dividend payout ratio is 16.71%.

Amalgamated Financial News Roundup

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

Negative Sentiment: Repeated insider-sale disclosures could weigh on the stock by signaling that large holders are taking some gains, although the sales represent only a small reduction in their positions.

Institutional Trading of Amalgamated Financial

Hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC acquired a new stake in Amalgamated Financial in the 2nd quarter worth $30,000. Farther Finance Advisors LLC raised its position in shares of Amalgamated Financial by 172.0% during the third quarter. Farther Finance Advisors LLC now owns 729 shares of the company’s stock valued at $35,000 after buying an additional 461 shares during the last quarter. Compass Financial Management LLC acquired a new position in shares of Amalgamated Financial during the second quarter valued at about $59,000. Nisa Investment Advisors LLC raised its position in shares of Amalgamated Financial by 81.9% during the third quarter. Nisa Investment Advisors LLC now owns 1,430 shares of the company’s stock valued at $68,000 after buying an additional 644 shares during the last quarter. Finally, State of Wyoming bought a new stake in shares of Amalgamated Financial in the third quarter valued at about $71,000. 75.93% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on AMAL. Piper Sandler lifted their price objective on Amalgamated Financial from $48.00 to $53.00 and gave the stock a “neutral” rating in a research note on Monday, July 27th. 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 research note on Friday, July 24th. 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 on the stock. Finally, Weiss Ratings downgraded Amalgamated Financial from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, October 23rd. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Amalgamated Financial currently has a consensus rating of “Moderate Buy” and an average target price of $54.00.

Read Our Latest Stock Analysis on Amalgamated Financial

About Amalgamated Financial

(Get Free Report)

Amalgamated Financial Corporation (NASDAQ:AMAL) is the parent company of Amalgamated Bank, a commercial bank that provides banking, lending and financial services to businesses, nonprofit organizations, labor unions, political organizations and individual consumers. The bank is known for serving mission-driven and socially responsible organizations, as well as customers seeking conventional banking products.

Amalgamated Bank offers commercial and consumer deposits, commercial and real estate lending, treasury management, online and mobile banking, payment services, and investment management.