Oak Valley Bancorp (CA) (NASDAQ:OVLY – Get Free Report) Director Don Barton sold 375 shares of the business’s stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $34.00, for a total transaction of $12,750.00. Following the transaction, the director owned 28,850 shares of the company’s stock, valued at $980,900. This trade represents a 1.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Don Barton also recently made the following trade(s):
- On Monday, September 28th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The shares were sold at an average price of $34.03, for a total value of $12,761.25.
- On Wednesday, August 26th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The shares were sold at an average price of $34.07, for a total value of $12,776.25.
Oak Valley Bancorp Trading Down 0.2%
Shares of NASDAQ:OVLY traded down $0.08 during trading on Monday, hitting $34.03. 12,388 shares of the stock were exchanged, compared to its average volume of 13,472. Oak Valley Bancorp has a 12-month low of $26.47 and a 12-month high of $35.97. The company has a market cap of $286.19 million, a PE ratio of 12.24 and a beta of 0.22. The company has a fifty day moving average price of $34.13 and a two-hundred day moving average price of $33.34.
Oak Valley Bancorp (NASDAQ:OVLY – Get Free Report) last announced its earnings results on Wednesday, October 21st. The financial services provider reported $0.77 EPS for the quarter. The firm had revenue of $21.65 million for the quarter. Oak Valley Bancorp had a return on equity of 11.03% and a net margin of 24.05%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Citadel Advisors LLC lifted its stake in Oak Valley Bancorp by 280.6% during the second quarter. Citadel Advisors LLC now owns 28,963 shares of the financial services provider’s stock worth $977,000 after purchasing an additional 21,354 shares during the period. Kestra Advisory Services LLC grew its holdings in 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 worth $763,000 after acquiring an additional 22,118 shares during the period. Susquehanna International Group LLP bought a new stake in Oak Valley Bancorp in the second quarter valued at about $718,000. Squarepoint Ops LLC acquired a new stake in shares of Oak Valley Bancorp in the 2nd quarter valued at approximately $802,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Oak Valley Bancorp during the 2nd quarter valued at about $618,000. Institutional investors own 30.86% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings cut 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, the stock has a consensus rating of “Buy”.
View Our Latest Research Report on OVLY
Oak Valley Bancorp Company Profile
Oak Valley Bancorp is the bank holding company for Oak Valley Community Bank, a community-focused financial institution headquartered in Oakdale, California. The bank serves individuals, families, farmers, professionals, and businesses in California’s Central Valley through a network of banking offices and digital banking services.
Oak Valley Community Bank offers a range of commercial and consumer banking products, including checking and savings accounts, certificates of deposit, business and agricultural loans, commercial real estate financing, residential real estate loans, and personal lending.
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