Amalgamated Financial (NASDAQ:AMAL) Major Shareholder States Regional Joint Western Sells 30,000 Shares of Stock

Posted by Doug Wharley on Nov 4th, 2026

Amalgamated Financial Corp. (NASDAQ:AMAL – Get Free Report) major shareholder States Regional Joint Western sold 30,000 shares of Amalgamated Financial stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $50.81, for a total transaction of $1,524,300.00. Following the completion of the sale, the insider directly owned 6,856,216 shares in the company, valued at $348,364,334.96. This represents a 0.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

States Regional Joint Western also recently made the following trade(s):

On Tuesday, November 3rd, States Regional Joint Western 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 Friday, October 30th, States Regional Joint Western sold 30,000 shares of Amalgamated Financial stock. The stock was sold at an average price of $49.97, for a total transaction of $1,499,100.00.
On Monday, September 14th, States Regional Joint Western 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, States Regional Joint Western sold 234,128 shares of Amalgamated Financial stock. The shares were sold at an average price of $47.88, for a total transaction of $11,210,048.64.
On Wednesday, September 9th, States Regional Joint Western 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, States Regional Joint Western sold 42,910 shares of Amalgamated Financial stock. The stock was sold at an average price of $48.56, for a total transaction of $2,083,709.60.
On Friday, September 4th, States Regional Joint Western 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, States Regional Joint Western 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, States Regional Joint Western 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, States Regional Joint Western sold 15,000 shares of Amalgamated Financial stock. The stock was sold at an average price of $47.28, for a total value of $709,200.00.

Amalgamated Financial Trading Down 1.4%

AMAL stock opened at $49.89 on Wednesday. Amalgamated Financial Corp. has a 12-month low of $26.61 and a 12-month high of $52.30. The business’s 50-day moving average is $48.16 and its 200 day moving average is $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. The stock has a market cap 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 announced its earnings results on Thursday, October 22nd. The company reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.06. The business had revenue of $99.17 million during the quarter, compared to analysts’ expectations of $99.26 million. Amalgamated Financial had a return on equity of 15.00% and a net margin of 24.57%. On average, sell-side analysts anticipate that Amalgamated Financial Corp. will post 4.13 EPS for the current fiscal year.

Amalgamated Financial Dividend Announcement

The company also recently declared 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 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Tuesday, November 3rd. Amalgamated Financial’s payout ratio is presently 16.71%.

Amalgamated Financial News Summary

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

A number of research analysts have weighed in on AMAL shares. Piper Sandler raised their price objective 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 upped their target price on shares of Amalgamated Financial from $53.00 to $54.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Raymond James Financial began coverage on shares of Amalgamated Financial in a research report on Thursday, September 3rd. They issued an “outperform” rating and a $55.00 target price for the company. Finally, Weiss Ratings downgraded shares of Amalgamated Financial from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, October 23rd. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Amalgamated Financial presently has an average rating of “Moderate Buy” and a consensus target price of $54.00.

View Our Latest Research Report on AMAL

Institutional Investors Weigh In On Amalgamated Financial

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in shares of Amalgamated Financial in the second quarter valued at about $156,331,000. Congress Asset Management Co. increased its position in Amalgamated Financial by 22.5% during the third quarter. Congress Asset Management Co. now owns 250,093 shares of the company’s stock worth $11,897,000 after purchasing an additional 45,855 shares during the last quarter. Bank of America Corp DE purchased a new position in Amalgamated Financial during the second quarter worth about $7,771,000. Bank of New York Mellon Corp purchased a new position in Amalgamated Financial during the second quarter worth about $6,931,000. Finally, Empowered Funds LLC purchased a new position in Amalgamated Financial during the second quarter worth about $6,459,000. Institutional investors and hedge funds own 75.93% of the company’s stock.

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.