Insider Selling: Amalgamated Financial (NASDAQ:AMAL) Major Shareholder Sells $4,720,265.74 in Stock

Posted by Brenda Bartman on Nov 6th, 2026

Amalgamated Financial Corp. (NASDAQ:AMAL – Get Free Report) major shareholder United Workers sold 92,809 shares of the business’s stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $50.86, for a total value of $4,720,265.74. Following the completion of the transaction, the insider owned 6,747,407 shares in the company, valued at $343,173,120.02. This trade represents a 1.36% decrease in their position. The sale was disclosed in a 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 transactions 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 stock was sold at an average price of $50.02, for a total value of $800,320.00.
On Monday, November 2nd, United Workers sold 30,000 shares of Amalgamated Financial stock. The stock was sold at an average price of $50.81, for a total value of $1,524,300.00.
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 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 stock was sold at an average price of $49.43, for a total transaction 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.

Amalgamated Financial Stock Up 0.5%

Shares of AMAL stock traded up $0.23 on Friday, hitting $49.59. The company’s stock had a trading volume of 10,613 shares, compared to its average volume of 182,571. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.63 and a quick ratio of 0.63. Amalgamated Financial Corp. has a fifty-two week low of $26.61 and a fifty-two week high of $52.30. The firm’s fifty day moving average price is $48.22 and its 200-day moving average price is $44.14. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 12.18 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 EPS for the quarter, topping the consensus estimate of $1.08 by $0.06. The firm had revenue of $99.17 million for the quarter, compared to the consensus estimate of $99.26 million. Amalgamated Financial had a net margin of 24.57% and a return on equity of 14.91%. Research analysts anticipate that Amalgamated Financial Corp. will post 4.13 EPS for the current year.

Amalgamated Financial Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AMAL. Raymond James Financial assumed coverage on Amalgamated Financial in a research note on Thursday, September 3rd. They issued an “outperform” rating and a $55.00 price objective on the stock. Piper Sandler increased their price target on Amalgamated Financial from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Monday, July 27th. Keefe, Bruyette & Woods increased their price target on Amalgamated Financial from $53.00 to $54.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Finally, Weiss Ratings lowered shares of 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 company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $54.00.

View Our Latest Research Report on AMAL

Institutional Investors Weigh In On Amalgamated Financial

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC lifted its position in shares of Amalgamated Financial by 172.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 729 shares of the company’s stock worth $35,000 after purchasing an additional 461 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in Amalgamated Financial by 81.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,430 shares of the company’s stock valued at $68,000 after purchasing an additional 644 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in Amalgamated Financial in the 2nd quarter valued at approximately $30,000. First Trust Advisors LP grew its holdings in Amalgamated Financial by 3.2% in the 1st quarter. First Trust Advisors LP now owns 22,293 shares of the company’s stock valued at $867,000 after buying an additional 685 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in Amalgamated Financial by 4.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 17,835 shares of the company’s stock worth $853,000 after buying an additional 751 shares during the period. 75.93% of the stock is owned by institutional investors and hedge funds.

Amalgamated Financial Company Profile

(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.