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

Oak Valley Bancorp (CA) (NASDAQ:OVLY) Director Don Barton sold 375 shares of the business’s stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $34.00, for a total transaction of $12,750.00. Following the sale, the director owned 28,850 shares of the company’s stock, valued at $980,900. This trade represents a 1.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 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 stock was sold at an average price of $34.03, for a total transaction of $12,761.25.
• On Wednesday, August 26th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The stock was sold at an average price of $34.07, for a total transaction of $12,776.25.

Oak Valley Bancorp Stock Down 0.2%

NASDAQ:OVLY traded down $0.08 during mid-day trading on Monday, hitting $34.03. 12,388 shares of the company traded hands, compared to its average volume of 13,472. The stock’s fifty day moving average price is $34.13 and its 200-day moving average price is $33.34. The firm has a market cap of $286.19 million, a price-to-earnings ratio of 12.24 and a beta of 0.22. Oak Valley Bancorp has a one year low of $26.47 and a one year high of $35.97.

Oak Valley Bancorp (NASDAQ:OVLY) last posted its quarterly earnings data 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%.

Analyst Ratings Changes

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

Hedge Funds Weigh In On Oak Valley Bancorp

A number of institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its holdings in Oak Valley Bancorp by 11.2% during the first 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. State Street Corp raised its position in shares of Oak Valley Bancorp by 23.0% during the 2nd quarter. State Street Corp now owns 130,531 shares of the financial services provider’s stock worth $4,405,000 after purchasing an additional 24,382 shares during the last quarter. Renaissance Technologies LLC grew its stake in 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 acquiring an additional 10,602 shares in the last quarter. Citadel Advisors LLC raised its holdings in shares of Oak Valley Bancorp by 280.6% during the 2nd quarter. Citadel Advisors LLC now owns 28,963 shares of the financial services provider’s stock worth $977,000 after acquiring an additional 21,354 shares during the period. Finally, Squarepoint Ops LLC acquired a new position in Oak Valley Bancorp in the second quarter valued at approximately $802,000. 30.86% of the stock is owned by hedge funds and other institutional investors.

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.