On December 20, 2023, Finser Mark, a director at Amalgamated Financial Corp, executed a sale of 8,000 shares of the company's stock. The transaction was filed with the SEC and can be found in the following SEC Filing.
Amalgamated Financial Corp, traded under the ticker NAS:AMAL, is a financial institution that offers a range of banking products and services. The company specializes in commercial banking, business and consumer lending, and has a strong commitment to socially responsible and sustainable practices.
Over the past year, the insider has sold a total of 8,000 shares and has not made any purchases of the company's stock.
The insider transaction history for Amalgamated Financial Corp indicates a pattern of more insider sales than buys over the past year, with 2 insider buys and 8 insider sells recorded.
On the day of the insider's recent sale, shares of Amalgamated Financial Corp were trading at $26.78, giving the company a market capitalization of $810,294,000.
The price-earnings ratio of the company stands at 9.16, which is slightly higher than the industry median of 9.015 but lower than the company's historical median price-earnings ratio.
According to the GuruFocus Value, with a stock price of $26.78 and a GF Value of $23.59, Amalgamated Financial Corp has a price-to-GF-Value ratio of 1.14, indicating that the stock is considered Modestly Overvalued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
