Oak Valley Bancorp (NASDAQ:OVLY) Director Don Barton Sells 375 Shares of Stock

Oak Valley Bancorp (CA) (NASDAQ:OVLY) Director Don Barton sold 375 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $33.77, for a total transaction of $12,663.75. Following the completion of the transaction, the director directly owned 30,725 shares of the company’s stock, valued at $1,037,583.25. This represents a 1.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Oak Valley Bancorp Stock Performance

Oak Valley Bancorp stock opened at $33.70 on Wednesday. The company has a 50 day moving average price of $33.20 and a 200 day moving average price of $31.62. Oak Valley Bancorp has a 52 week low of $24.77 and a 52 week high of $35.47. The firm has a market capitalization of $283.42 million, a price-to-earnings ratio of 11.70 and a beta of 0.21.

Oak Valley Bancorp (NASDAQ:OVLY) last posted its quarterly earnings data on Tuesday, May 12th. The financial services provider reported $0.64 EPS for the quarter. Oak Valley Bancorp had a net margin of 24.80% and a return on equity of 11.99%. The firm had revenue of $20.78 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Oak Valley Bancorp in a research report on Friday, April 10th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy”.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of OVLY. Fourthstone LLC raised its holdings in shares of Oak Valley Bancorp by 84.1% during the 4th quarter. Fourthstone LLC now owns 305,401 shares of the financial services provider’s stock valued at $9,180,000 after purchasing an additional 139,545 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Oak Valley Bancorp by 1,578.7% during the 1st quarter. Kestra Advisory Services LLC now owns 23,519 shares of the financial services provider’s stock valued at $763,000 after purchasing an additional 22,118 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Oak Valley Bancorp by 11.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 158,145 shares of the financial services provider’s stock valued at $5,128,000 after purchasing an additional 15,865 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of Oak Valley Bancorp by 42.8% during the 1st quarter. Renaissance Technologies LLC now owns 35,375 shares of the financial services provider’s stock valued at $1,147,000 after purchasing an additional 10,602 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Oak Valley Bancorp during the 2nd quarter valued at $208,000. Institutional investors own 30.86% of the company’s stock.

Oak Valley Bancorp Company Profile

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.