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 the company’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 value of $12,663.75. Following the sale, the director owned 30,725 shares in the company, valued at approximately $1,037,583.25. This represents a 1.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Oak Valley Bancorp Stock Down 1.3%

Shares of Oak Valley Bancorp stock opened at $33.26 on Thursday. Oak Valley Bancorp has a 12-month low of $24.77 and a 12-month high of $35.47. The stock has a market cap of $279.72 million, a P/E ratio of 11.55 and a beta of 0.21. The business’s 50 day moving average is $33.23 and its 200-day moving average is $31.66.

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

Institutional Investors Weigh In On Oak Valley Bancorp

Large investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC bought a new stake in Oak Valley Bancorp in the 4th quarter valued at $42,000. BNP Paribas Financial Markets raised its stake in Oak Valley Bancorp by 123.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,708 shares of the financial services provider’s stock valued at $76,000 after acquiring an additional 1,496 shares during the period. JPMorgan Chase & Co. raised its stake in Oak Valley Bancorp by 23.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,997 shares of the financial services provider’s stock valued at $169,000 after acquiring an additional 1,145 shares during the period. Legato Capital Management LLC bought a new stake in Oak Valley Bancorp in the 4th quarter valued at $207,000. Finally, LSV Asset Management raised its stake in Oak Valley Bancorp by 147.7% in the 3rd quarter. LSV Asset Management now owns 7,224 shares of the financial services provider’s stock valued at $204,000 after acquiring an additional 4,307 shares during the period. Institutional investors own 30.86% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Oak Valley Bancorp in a research note on Friday, April 10th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently 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.