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

Posted by Stephan Jacobs on Nov 4th, 2026

Amalgamated Financial Corp. (NASDAQ:AMAL – Get Free Report) major shareholder States Regional Joint Western sold 30,000 shares of the 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 transaction, the insider directly owned 6,886,216 shares of the company’s stock, valued at approximately $344,104,213.52. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s stock 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 value of $800,320.00.
On Monday, November 2nd, States Regional Joint Western sold 30,000 shares of Amalgamated Financial stock. The shares were sold at an average price of $50.81, for a total value of $1,524,300.00.
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 value 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 value of $11,210,048.64.
On Wednesday, September 9th, States Regional Joint Western 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, 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 value 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 value of $3,384,123.60.
On Thursday, September 3rd, States Regional Joint Western 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, 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 value of $2,132,118.36.
On Tuesday, September 1st, States Regional Joint Western 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

NASDAQ AMAL opened at $49.89 on Wednesday. The company has a quick ratio of 0.63, a current ratio of 0.64 and a debt-to-equity ratio of 0.08. The company has a market cap of $1.49 billion, a PE ratio of 12.26 and a beta of 0.76. Amalgamated Financial Corp. has a 52 week low of $26.61 and a 52 week high of $52.30. The firm’s 50-day simple moving average is $48.16 and its two-hundred day simple moving average is $43.98.

Amalgamated Financial (NASDAQ:AMAL – Get Free Report) last posted its earnings results on Thursday, October 22nd. The company reported $1.14 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $99.26 million. Research analysts predict that Amalgamated Financial Corp. will post 4.13 earnings per share for the current year.

Amalgamated Financial Announces Dividend

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

Hedge Funds Weigh In On Amalgamated Financial

Large investors have recently modified their holdings of the company. Ethic Inc. grew its stake in Amalgamated Financial by 217.4% during the third quarter. Ethic Inc. now owns 30,799 shares of the company’s stock valued at $1,465,000 after acquiring an additional 21,094 shares in the last quarter. Abacus Wealth Partners LLC increased its holdings in Amalgamated Financial by 6.9% during the 3rd quarter. Abacus Wealth Partners LLC now owns 47,487 shares of the company’s stock worth $2,259,000 after acquiring an additional 3,081 shares during the period. Compass Financial Management LLC increased its holdings in Amalgamated Financial by 558.3% during the 3rd quarter. Compass Financial Management LLC now owns 7,834 shares of the company’s stock worth $373,000 after acquiring an additional 6,644 shares during the period. State of Wyoming purchased a new stake in Amalgamated Financial in the 3rd quarter worth approximately $71,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in Amalgamated Financial by 72.0% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 15,766 shares of the company’s stock worth $750,000 after purchasing an additional 6,600 shares in the last quarter. 75.93% of the stock is currently owned by institutional investors.

Trending Headlines about Amalgamated Financial

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.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Weiss Ratings cut shares of Amalgamated Financial from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, October 23rd. Keefe, Bruyette & Woods raised their price target on 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 Amalgamated Financial in a report on Thursday, September 3rd. They issued an “outperform” rating and a $55.00 price target for the company. Finally, Piper Sandler lifted 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 equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $54.00.

View Our Latest 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.