Amalgamated financial chief strategy officer sells $284,364 in stock

Edgar Romney Jr., Chief Strategy & Admin Officer at Amalgamated Financial Corp., sold 5,992 shares of the company's common stock on September 10, 2026, for a total of about $284,364. The shares were purchased at a weighted average price of $47.4573, with each transaction falling between $47.135 and $47.710 per share. As of the sale, the stock is trading at $47.87, close to its 52-week high of $51.59, indicating a 68.6% gain over the past year.

Romney Jr.'s current holdings in Amalgamated Financial Corp. stand at 22,392.6122 shares, encompassing shares from dividend reinvestment programs and stock units. InvestingPro analysis suggests the company is undervalued, trading below its Fair Value, which is higher than its current stock price. With a price-to-earnings ratio of 12.78 and a dividend yield of 1.42%, the stock presents an attractive investment opportunity.

For more detailed analysis, readers can refer to Amalgamated Financial Corp.'s Pro Research Report, part of the extensive 1,400+ US equity reports available. In recent news, the company reported strong second-quarter 2026 financial results, surpassing market expectations. Earnings came in at $1.15 per share on $98.4 million in revenue, exceeding Wall Street's forecasts of $1.00 per share and $92.09 million in revenue, with net income reaching a record $34.8 million.

These positive results underscore the company's strong performance and profitability. Analyst Raymond James upgraded Amalgamated Bank to an outperform rating, with a price target of $55.00, citing the bank's profitable deposit franchise and potential for continued earnings growth. These developments suggest a favorable outlook for Amalgamated Financial Corp.'s financial health and strategic direction.