Insider Selling: Oak Valley Bancorp (NASDAQ:OVLY) Director Sells $12,776.25 in Stock

Oak Valley Bancorp (CA) (NASDAQ:OVLYGet Free Report) Director Don Barton sold 375 shares of Oak Valley Bancorp stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $34.07, for a total transaction of $12,776.25. Following the completion of the transaction, the director directly owned 29,600 shares of the company’s stock, valued at $1,008,472. This trade represents a 1.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible 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 Monday, July 27th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The shares were sold at an average price of $32.72, for a total transaction of $12,270.00.
  • On Friday, June 26th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The shares were sold at an average price of $33.26, for a total transaction of $12,472.50.

Oak Valley Bancorp Price Performance

Shares of OVLY opened at $33.98 on Monday. Oak Valley Bancorp has a twelve month low of $25.41 and a twelve month high of $35.97. The company has a market capitalization of $285.77 million, a P/E ratio of 12.05 and a beta of 0.21. The firm has a 50 day moving average of $33.68 and a 200 day moving average of $33.39.

Oak Valley Bancorp (NASDAQ:OVLYGet Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $0.61 earnings per share (EPS) for the quarter. The business had revenue of $20.61 million for the quarter. Oak Valley Bancorp had a return on equity of 11.31% and a net margin of 24.05%.

Oak Valley Bancorp Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were given a dividend of $0.375 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a dividend yield of 223.0%. Oak Valley Bancorp’s dividend payout ratio (DPR) is 26.60%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of Oak Valley Bancorp from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, August 14th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Oak Valley Bancorp presently has a consensus rating of “Buy”.

Check Out Our Latest Research Report on OVLY

Hedge Funds Weigh In On Oak Valley Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of OVLY. Kestra Advisory Services LLC grew its holdings in shares of 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 acquiring an additional 22,118 shares during the period. Dimensional Fund Advisors LP lifted its holdings 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 valued at $5,128,000 after acquiring an additional 15,865 shares during the period. Hsbc Holdings PLC boosted its position in Oak Valley Bancorp by 10.0% in the fourth quarter. Hsbc Holdings PLC now owns 23,513 shares of the financial services provider’s stock worth $716,000 after purchasing an additional 2,138 shares during the last quarter. Legato Capital Management LLC purchased a new position in Oak Valley Bancorp in the fourth quarter worth about $207,000. Finally, Susquehanna International Group LLP bought a new stake in shares of Oak Valley Bancorp during the 2nd quarter valued at about $718,000. 30.86% of the stock is owned by institutional investors.

Oak Valley Bancorp Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Oak Valley Bancorp (NASDAQ:OVLY)

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