Key Points
- Oak Valley Bancorp director Don Barton sold 375 shares on May 26 at an average price of $33.77, worth about $12,664. After the sale, he still owned 30,725 shares valued at roughly $1.04 million.
- The stock was trading near $33.70 and the company had a market cap of about $283.4 million, with a low beta of 0.21 and a price range over the past year of $24.77 to $35.47.
- Oak Valley Bancorp recently reported quarterly EPS of $0.64 on revenue of $20.78 million, while Weiss Ratings reiterated a buy rating and analysts’ consensus remained Buy.
Oak Valley Bancorp (CA) (NASDAQ:OVLY - Get Free Report) Director Don Barton sold 375 shares of Oak Valley Bancorp stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $33.77, for a total transaction of $12,663.75. Following the completion of the transaction, the director owned 30,725 shares in the company, valued at $1,037,583.25. This trade represents a 1.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Oak Valley Bancorp Price Performance
Shares of OVLY opened at $33.70 on Wednesday. The company has a market capitalization of $283.42 million, a PE ratio of 11.70 and a beta of 0.21. Oak Valley Bancorp has a one year low of $24.77 and a one year high of $35.47. The company's fifty day moving average price is $33.20 and its 200 day moving average price is $31.62.
Oak Valley Bancorp (NASDAQ:OVLY - Get Free Report) last announced its earnings results on Tuesday, May 12th. The financial services provider reported $0.64 EPS for the quarter. The firm had revenue of $20.78 million for the quarter. Oak Valley Bancorp had a net margin of 24.80% and a return on equity of 11.99%.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a "buy (b)" rating on shares of Oak Valley Bancorp in a report on Friday, April 10th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of "Buy".
Read Our Latest Research Report on Oak Valley Bancorp
Institutional Trading of Oak Valley Bancorp
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC acquired a new stake in Oak Valley Bancorp in the 4th quarter worth $42,000. BNP Paribas Financial Markets grew its position 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 worth $76,000 after purchasing an additional 1,496 shares during the last quarter. JPMorgan Chase & Co. grew its position 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 worth $169,000 after purchasing an additional 1,145 shares during the last quarter. Legato Capital Management LLC acquired a new stake in Oak Valley Bancorp in the 4th quarter worth $207,000. Finally, LSV Asset Management grew its position 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 worth $204,000 after purchasing an additional 4,307 shares during the last quarter. 30.86% of the stock is currently owned by institutional investors and hedge funds.
Oak Valley Bancorp Company Profile
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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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