Amalgamated Financial Corp. (AMAL) director Maryann Bruce executed a direct sale of 2,089 common shares on June 10, 2026, according to a Securities and Exchange Commission filing. The transaction, valued at $86,463, occurred at a price of $41.39 per share. Following this disposition, Bruce retains a direct holding of 19,942 shares of the company's common stock. The sale takes place as AMAL trades near its 52-week high of $44.25, reflecting a robust 38.85% year-to-date return. Despite the stock's upward momentum, the company recently reported a first-quarter 2026 earnings per share of $0.80, falling short of the $0.96 forecast, resulting in a 16.67% negative surprise. Conversely, revenue reached $93.4 million, exceeding the $89.76 million projection by 4.06%. This divergence between earnings and revenue performance has drawn investor attention to the bank's financial trajectory.
The timing of Bruce's transaction coincides with AMAL trading near its 52-week high of $44.25, following a strong 38.85% year-to-date return. According to InvestingPro's Fair Value analysis, the stock appears undervalued at current levels. For investors seeking deeper insights, AMAL is among the 1,400+ US equities covered by comprehensive Pro Research Reports, offering expert analysis and actionable intelligence.
In other recent news, Amalgamated Financial Corp reported its first-quarter 2026 earnings with a mixed performance. The company disclosed an earnings per share (EPS) of $0.8, which was below the forecasted $0.96, resulting in a negative surprise of 16.67%. However, revenue figures were more encouraging, as the company reported $93.4 million, surpassing the projected $89.76 million and marking a 4.06% positive surprise. Despite this revenue achievement, the earnings miss seemed to overshadow the positive aspects, reflecting investor concerns. These developments highlight the company's recent financial performance, providing investors with critical insights.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.Amalgamated BankFollowAnalyze AMALIncluded in our AI-picked strategies·Review strategies44.10▲+0.40(+0.92%)Closed·15:59:59·USD44.100.00(0.00%)After Hours·18:28:291D1W1M6M1Y5YMaxCreated with Highcharts 11.4.813:3014:3015:3016:3017:3018:3019:0019:304343.544Analyze AMALShould you invest $2,000 in AMAL right now?ProPicks AI evaluates AMAL alongside thousands of other companies every month using 100+ financial metrics. Using powerful AI to generate exciting stock ideas, it looks beyond popularity to assess fundamentals, momentum, and valuation. The AI has no bias—it simply identifies which stocks offer the best risk-reward based on current data with notable past winners that include Super Micro Computer (+185%) and AppLovin (+157%). Want to know if AMAL is currently featured in any ProPicks AI strategies, or if there are better opportunities in the same space?See More Stocks