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

Posted by Casey Walker on Nov 4th, 2026

Amalgamated Financial Corp. (NASDAQ:AMAL – Get Free Report) major shareholder United Workers sold 30,000 shares of Amalgamated Financial stock in a transaction on Friday, October 30th. The shares were sold at an average price of $49.97, for a total value of $1,499,100.00. Following the completion of the sale, the insider owned 6,886,216 shares in the company, valued at $344,104,213.52. This represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock 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 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 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 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 value 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 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 transaction 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 transaction of $709,200.00.

Amalgamated Financial Price Performance

NASDAQ:AMAL opened at $49.89 on Wednesday. The company has a current ratio of 0.64, a quick ratio of 0.63 and a debt-to-equity ratio of 0.08. The firm has a market cap of $1.49 billion, a price-to-earnings ratio of 12.26 and a beta of 0.76. The company’s 50-day moving average is $48.16 and its two-hundred day moving average is $43.98. Amalgamated Financial Corp. has a 12-month low of $26.61 and a 12-month high of $52.30.

Amalgamated Financial (NASDAQ:AMAL – Get Free Report) last announced its earnings results on Thursday, October 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $99.17 million for the quarter, compared to analyst estimates of $99.26 million. Research analysts expect that Amalgamated Financial Corp. will post 4.13 EPS for the current year.

Amalgamated Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Tuesday, November 3rd will be given 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 of this dividend is Tuesday, November 3rd. Amalgamated Financial’s dividend payout ratio is 16.71%.

Institutional Investors Weigh In On Amalgamated Financial

Several institutional investors and hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC acquired a new position in Amalgamated Financial in the second quarter valued at approximately $2,259,000. Empowered Funds LLC bought a new position in shares of Amalgamated Financial during the second quarter valued at approximately $6,459,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Amalgamated Financial during the second quarter valued at approximately $1,298,000. GSA Capital Partners LLP acquired a new position in Amalgamated Financial during the 2nd quarter valued at approximately $1,905,000. Finally, Avalon Trust Co acquired a new position in Amalgamated Financial during the 2nd quarter valued at approximately $2,203,000. Institutional investors and hedge funds own 75.93% of the company’s stock.

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.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AMAL. Keefe, Bruyette & Woods upped their target price on Amalgamated Financial from $53.00 to $54.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Raymond James Financial started coverage on Amalgamated Financial in a report on Thursday, September 3rd. They set an “outperform” rating and a $55.00 target price on the stock. Weiss Ratings downgraded Amalgamated Financial from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, October 23rd. Finally, Piper Sandler upped 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. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Amalgamated Financial has an average rating of “Moderate Buy” and a consensus target price of $54.00.

View Our Latest Stock Report on AMAL

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.