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

Oak Valley Bancorp (CA) (NASDAQ:OVLY) Director Don Barton sold 375 shares of Oak Valley Bancorp stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $34.07, for a total value of $12,776.25. Following the sale, the director directly owned 29,600 shares of the company’s stock, valued at $1,008,472. This represents a 1.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at 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, 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 stock was sold at an average price of $33.26, for a total transaction of $12,472.50.

Oak Valley Bancorp Stock Down 0.2%

NASDAQ OVLY opened at $33.98 on Friday. The company has a market capitalization of $285.77 million, a P/E ratio of 12.05 and a beta of 0.21. Oak Valley Bancorp has a 12-month low of $25.41 and a 12-month high of $35.97. The firm has a 50-day moving average price of $33.68 and a two-hundred day moving average price of $33.39.

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

Oak Valley Bancorp Announces Dividend

The business also recently declared 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 yield of 223.0%. Oak Valley Bancorp’s dividend payout ratio is currently 26.60%.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Oak Valley Bancorp

Large investors have recently bought and sold shares of the company. Kestra Advisory Services LLC increased its holdings in Oak Valley Bancorp by 1,578.7% in the 1st quarter. Kestra Advisory Services LLC now owns 23,519 shares of the financial services provider’s stock valued at $763,000 after buying an additional 22,118 shares during the period. Dimensional Fund Advisors LP lifted 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 worth $5,128,000 after acquiring an additional 15,865 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of Oak Valley Bancorp by 10.0% during the 4th quarter. Hsbc Holdings PLC now owns 23,513 shares of the financial services provider’s stock worth $716,000 after acquiring an additional 2,138 shares during the period. Legato Capital Management LLC acquired a new stake in shares of Oak Valley Bancorp during the 4th quarter worth approximately $207,000. Finally, Susquehanna International Group LLP acquired a new stake in shares of Oak Valley Bancorp during the 2nd quarter worth approximately $718,000. 30.86% of the stock is currently owned by institutional investors and hedge funds.

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.