Amalgamated financial director Maryann Bruce sells $105,942 in stock By Investing.com
Maryann Bruce, a Director at Amalgamated Financial Corp. (), disposed of 2,138 shares of common stock on July 30, 2026. The transactions totaled $105,942.
The shares were sold at a weighted average price of $49.5522 per share. According to a footnote in the filing, these shares were sold in multiple transactions with prices ranging from $49.29 to $49.70. Following these transactions, Bruce directly owns 17,804 shares of Amalgamated Financial Corp. common stock.The sale comes as AMAL stock trades near its 52-week high of $50.92, having delivered a remarkable 76% return over the past year and a 55% gain year-to-date. According to InvestingPro analysis, the stock appears undervalued at current levels, with shares trading at a P/E ratio of 13.29. Investors seeking deeper insights can access AMAL’s comprehensive Pro Research Report, one of 1,400+ available on InvestingPro, alongside the platform’s complete Fair Value analysis and most undervalued stocks list.
In other recent news, Amalgamated Financial Corp. reported impressive second-quarter 2026 results, surpassing analysts’ expectations. The company achieved earnings of $1.15 per share, exceeding the projected $1.00 per share. Revenue also outperformed forecasts, reaching $98.4 million against the anticipated $92.09 million. Additionally, Amalgamated Financial announced a record net income of $34.8 million. These results indicate strong operating leverage and increased profitability for the company. The positive earnings report comes as a significant development for investors. There are no recent analyst upgrades or downgrades reported for Amalgamated Financial Corp. at this time.
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