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

Oak Valley Bancorp (CA) (NASDAQ:OVLY) Director Don Barton sold 375 shares of Oak Valley Bancorp stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $33.26, for a total transaction of $12,472.50. Following the sale, the director owned 30,350 shares of the company’s stock, valued at approximately $1,009,441. The trade was a 1.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, May 26th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The stock was sold at an average price of $33.77, for a total transaction of $12,663.75.

Oak Valley Bancorp Stock Performance

Oak Valley Bancorp stock opened at $33.68 on Friday. The firm’s fifty day moving average price is $33.68 and its 200-day moving average price is $32.50. The stock has a market cap of $283.25 million, a P/E ratio of 11.69 and a beta of 0.21. Oak Valley Bancorp has a fifty-two week low of $25.41 and a fifty-two week high of $35.97.

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

Institutional Investors Weigh In On Oak Valley Bancorp

A number of institutional investors have recently made changes to their positions in OVLY. Renaissance Technologies LLC grew 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 during the last quarter. Dimensional Fund Advisors LP lifted its stake in Oak Valley Bancorp by 11.2% in the first quarter. Dimensional Fund Advisors LP now owns 158,145 shares of the financial services provider’s stock worth $5,128,000 after purchasing an additional 15,865 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in Oak Valley Bancorp by 1,578.7% in the first quarter. Kestra Advisory Services LLC now owns 23,519 shares of the financial services provider’s stock worth $763,000 after purchasing an additional 22,118 shares during the last quarter. Hsbc Holdings PLC boosted its position in Oak Valley Bancorp by 10.0% during the fourth quarter. Hsbc Holdings PLC now owns 23,513 shares of the financial services provider’s stock valued at $716,000 after buying an additional 2,138 shares during the period. Finally, AQR Capital Management LLC boosted its position in Oak Valley Bancorp by 9.0% during the fourth quarter. AQR Capital Management LLC now owns 19,063 shares of the financial services provider’s stock valued at $573,000 after buying an additional 1,582 shares during the period. Hedge funds and other institutional investors own 30.86% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.