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Martingale Asset Management sold shares of Amalgamated Financial, as Piper Sandler downgraded the stock to "neutral."
Investment firm Martingale Asset Management reduced its shares of Amalgamated Financial Corp. by 3.2%, selling 2,299 shares, while another firm, Federated Hermes Inc., increased its holdings.
Despite a positive earnings report, analyst Piper Sandler downgraded the stock from "overweight" to "neutral," lowering the price target.
Amalgamated Financial provides banking and investment services and has a market cap of $805.23 million.
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Martingale Asset Management vendió acciones de Amalgamated Financial, mientras Piper Sandler rebajaba las acciones a "neutrales".