Workers United entities sell $6.38M in Amalgamated Financial stock

Entities linked to Workers United sold approximately $6.38 million in Amalgamated Financial Corp. (NASDAQ:AMAL) common stock between August 31 and September 2, 2026, totaling 132,779 shares at prices ranging from $47.06 to $48.30 per share. The sales occurred in three tranches, with 73,535 shares sold on August 31 at a weighted average price of $48.1194, 15,000 shares on September 1 at $47.2843, and 44,244 shares on September 2 at $48.1891. The sellers, including the Western States Regional Joint Board, are directors and 10% owners of the company. Following the transactions, the group holds a direct economic interest of 6,988,726.93 shares. AMAL stock has returned 71% over the past year and trades at $48.14, with InvestingPro analysis suggesting it remains undervalued at a price-to-earnings ratio of 12.86. The company recently reported better-than-expected second-quarter 2026 results, with earnings per share of $1.15 versus the $1.00 consensus estimate and record net income of $34.8 million.