Amalgamated Financial (NASDAQ:AMAL) Major Shareholder United Workers Sells 92,809 Shares of Company Stock

Posted by Shane Hupp on Nov 7th, 2026

Amalgamated Financial Corp. (NASDAQ:AMAL – Get Free Report) major shareholder United Workers sold 92,809 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $50.86, for a total transaction of $4,720,265.74. Following the transaction, the insider directly owned 6,747,407 shares in the company, valued at approximately $343,173,120.02. The trade was a 1.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Major shareholders that own at least 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 stock was sold at an average price of $50.02, for a total transaction of $800,320.00.
On Monday, November 2nd, United Workers sold 30,000 shares of Amalgamated Financial stock. The shares were sold at an average price of $50.81, for a total transaction of $1,524,300.00.
On Friday, October 30th, United Workers sold 30,000 shares of Amalgamated Financial stock. The stock was 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 stock was sold at an average price of $47.84, for a total transaction of $10,921,106.56.
On Friday, September 11th, United Workers sold 234,128 shares of Amalgamated Financial stock. The shares were 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 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 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 value of $2,132,118.36.

Amalgamated Financial Stock Performance

Shares of AMAL stock opened at $49.56 on Friday. The firm has a fifty day simple moving average of $48.24 and a two-hundred day simple moving average of $44.21. The firm has a market capitalization of $1.48 billion, a PE ratio of 12.56 and a beta of 0.76. Amalgamated Financial Corp. has a 12 month low of $26.61 and a 12 month high of $52.30. 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 (NASDAQ:AMAL – Get Free Report) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.06. Amalgamated Financial had a return on equity of 15.00% and a net margin of 24.57%. The firm had revenue of $99.17 million for the quarter, compared to analysts’ expectations of $99.26 million. Analysts forecast that Amalgamated Financial Corp. will post 4.13 EPS for the current fiscal year.

Amalgamated Financial Announces Dividend

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

Institutional Investors Weigh In On Amalgamated Financial

Hedge funds and other institutional investors have recently bought and sold shares of the business. R Squared Ltd lifted its position in shares of Amalgamated Financial by 13.1% in the 3rd quarter. R Squared Ltd now owns 16,214 shares of the company’s stock worth $771,000 after purchasing an additional 1,880 shares during the period. 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 valued at $853,000 after acquiring an additional 751 shares during the period. Ethic Inc. lifted its stake in shares of Amalgamated Financial by 217.4% in the 3rd quarter. Ethic Inc. now owns 30,799 shares of the company’s stock valued at $1,465,000 after purchasing an additional 21,094 shares during the last quarter. Abacus Wealth Partners LLC raised its stake in shares of Amalgamated Financial by 6.9% in the third quarter. Abacus Wealth Partners LLC now owns 47,487 shares of the company’s stock valued at $2,259,000 after acquiring an additional 3,081 shares during the last quarter. Finally, Compass Financial Management LLC boosted its stake in Amalgamated Financial by 558.3% in the 3rd quarter. Compass Financial Management LLC now owns 7,834 shares of the company’s stock worth $373,000 after purchasing an additional 6,644 shares during the period. Hedge funds and other institutional investors own 75.93% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AMAL. Weiss Ratings lowered shares of Amalgamated Financial from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, October 23rd. Piper Sandler increased their price target on shares of Amalgamated Financial from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Monday, July 27th. Raymond James Financial began coverage on Amalgamated Financial in a research report on Thursday, September 3rd. They set an “outperform” rating and a $55.00 target price on the stock. Finally, Keefe, Bruyette & Woods lifted 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. Three 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, Amalgamated Financial has a consensus rating of “Moderate Buy” and an average target price of $54.00.

Read Our Latest Report on AMAL

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.