Oak Valley Bancorp (NASDAQ:OVLY) Director Sells $11,343.75 in Stock

Oak Valley Bancorp (CA) (NASDAQ:OVLY) Director Don Barton sold 375 shares of the company’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $30.25, for a total transaction of $11,343.75. Following the completion of the transaction, the director directly owned 31,100 shares of the company’s stock, valued at approximately $940,775. The trade was a 1.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Don Barton also recently made the following trade(s):

• On Friday, December 12th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The stock was sold at an average price of $30.29, for a total value of $11,358.75.
• On Wednesday, November 12th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The shares were sold at an average price of $28.69, for a total value of $10,758.75.

Oak Valley Bancorp Stock Up 0.9%

Shares of NASDAQ OVLY opened at $31.20 on Friday. Oak Valley Bancorp has a fifty-two week low of $22.70 and a fifty-two week high of $31.90. The business has a 50 day moving average price of $29.37 and a two-hundred day moving average price of $28.31. The firm has a market cap of $261.71 million, a PE ratio of 10.95 and a beta of 0.26.

Oak Valley Bancorp (NASDAQ:OVLY) last announced its earnings results on Thursday, November 13th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter. Oak Valley Bancorp had a return on equity of 12.56% and a net margin of 25.28%.The company had revenue of $21.17 million for the quarter.

Hedge Funds Weigh In On Oak Valley Bancorp

Large investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its stake in Oak Valley Bancorp by 123.4% during the third quarter. BNP Paribas Financial Markets now owns 2,708 shares of the financial services provider’s stock valued at $76,000 after purchasing an additional 1,496 shares during the last quarter. LSV Asset Management bought a new stake in shares of Oak Valley Bancorp during the 2nd quarter valued at about $79,000. CWM LLC raised its stake in Oak Valley Bancorp by 43.9% during the third quarter. CWM LLC now owns 3,280 shares of the financial services provider’s stock worth $92,000 after acquiring an additional 1,001 shares during the period. JPMorgan Chase & Co. lifted its holdings in Oak Valley Bancorp by 23.6% in the third quarter. JPMorgan Chase & Co. now owns 5,997 shares of the financial services provider’s stock worth $169,000 after acquiring an additional 1,145 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in Oak Valley Bancorp in the second quarter valued at approximately $208,000. 30.86% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “buy (b-)” rating on shares of Oak Valley Bancorp in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Oak Valley Bancorp currently has a consensus rating of “Buy”.

About Oak Valley Bancorp

Oak Valley Bancorp is the bank holding company for Oak Valley Community Bank, a California-chartered commercial bank headquartered in Lodi, California. Through its subsidiary, the company offers a full suite of banking services tailored to individuals, businesses, agricultural enterprises and nonprofit organizations. Its product portfolio includes checking and savings accounts, money market instruments, certificates of deposit and individual retirement accounts, alongside digital banking tools such as mobile and online banking platforms.

On the lending side, Oak Valley Bancorp provides commercial real estate and construction loans, agricultural and farm real estate financing, equipment leases, SBA-initiated programs and lines of credit.