Oak Valley Bancorp (CA) (NASDAQ:OVLY - Get Free Report) Director Don Barton sold 375 shares of Oak Valley Bancorp stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $32.72, for a total transaction of $12,270.00. Following the completion of the sale, the director owned 29,975 shares of the company's stock, valued at $980,782. This represents a 1.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Don Barton also recently made the following trade(s):
- On Friday, June 26th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The shares were sold at an average price of $33.26, for a total transaction of $12,472.50.
- On Tuesday, May 26th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The stock was sold at an average price of $33.77, for a total transaction of $12,663.75.
Oak Valley Bancorp Trading Up 3.6%
Shares of OVLY opened at $34.35 on Wednesday. The firm has a fifty day simple moving average of $33.65 and a two-hundred day simple moving average of $33.05. The firm has a market cap of $288.99 million, a PE ratio of 12.18 and a beta of 0.21. Oak Valley Bancorp has a 1-year low of $25.41 and a 1-year high of $35.97.
Oak Valley Bancorp (NASDAQ:OVLY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $0.61 EPS for the quarter. The company had revenue of $20.61 million during the quarter. Oak Valley Bancorp had a return on equity of 11.49% and a net margin of 24.80%.
Oak Valley Bancorp Announces Dividend
The firm also recently declared a dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 3rd will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a dividend yield of 228.0%. Oak Valley Bancorp's dividend payout ratio is presently 26.60%.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a "buy (b)" rating on shares of Oak Valley Bancorp in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy".
View Our Latest Research Report on OVLY
Hedge Funds Weigh In On Oak Valley Bancorp
A number of institutional investors have recently bought and sold shares of the stock. State Street Corp grew its holdings in Oak Valley Bancorp by 0.8% during the fourth quarter. State Street Corp now owns 99,225 shares of the financial services provider's stock valued at $2,983,000 after purchasing an additional 806 shares during the period. Barclays PLC raised its stake in shares of Oak Valley Bancorp by 3.4% in the fourth quarter. Barclays PLC now owns 28,594 shares of the financial services provider's stock worth $860,000 after buying an additional 931 shares during the period. Citadel Advisors LLC lifted its position in shares of Oak Valley Bancorp by 4.1% during the 3rd quarter. Citadel Advisors LLC now owns 28,596 shares of the financial services provider's stock valued at $806,000 after buying an additional 1,136 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Oak Valley Bancorp by 23.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,997 shares of the financial services provider's stock valued at $169,000 after buying an additional 1,145 shares in the last quarter. Finally, LPL Financial LLC grew its stake in shares of Oak Valley Bancorp by 10.4% during the 4th quarter. LPL Financial LLC now owns 13,775 shares of the financial services provider's stock valued at $414,000 after acquiring an additional 1,300 shares during the period. 30.86% of the stock is owned by institutional investors.
Oak Valley Bancorp Company Profile
(
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
