Key Points
- Director Don Barton sold 375 Oak Valley Bancorp shares at an average price of $34.07, generating $12,776.25. The Rule 10b5-1 transaction reduced his direct holdings by 1.25% to 29,600 shares.
- Oak Valley Bancorp reported quarterly EPS of $0.61 on revenue of $20.61 million, with an 11.31% return on equity and a 24.05% net margin.
- The stock opened at $33.98 and has a consensus “Buy” rating, while institutional investors and hedge funds own 30.86% of outstanding shares.
Oak Valley Bancorp (CA) (NASDAQ:OVLY - Get Free Report) Director Don Barton sold 375 shares of the business's 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 transaction, the director directly owned 29,600 shares of the company's stock, valued at $1,008,472. This trade represents a 1.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through 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 stock was sold at an average price of $32.72, for a total value of $12,270.00.
- 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 value of $12,472.50.
Oak Valley Bancorp Stock Down 0.2%
Oak Valley Bancorp stock opened at $33.98 on Friday. Oak Valley Bancorp has a 12-month low of $25.41 and a 12-month high of $35.97. The business's 50-day moving average price is $33.68 and its two-hundred day moving average price is $33.39. The stock has a market cap of $285.77 million, a PE ratio of 12.05 and a beta of 0.21.
Oak Valley Bancorp (NASDAQ:OVLY - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The financial services provider reported $0.61 EPS for the quarter. The firm had revenue of $20.61 million during the quarter. Oak Valley Bancorp had a return on equity of 11.31% and a net margin of 24.05%.
Oak Valley Bancorp Dividend Announcement
The business also recently declared a dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were issued a dividend of $0.375 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a dividend yield of 223.0%. Oak Valley Bancorp's payout ratio is 26.60%.
Hedge Funds Weigh In On Oak Valley Bancorp
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Fourthstone LLC raised its position in Oak Valley Bancorp by 84.1% in the fourth quarter. Fourthstone LLC now owns 305,401 shares of the financial services provider's stock valued at $9,180,000 after purchasing an additional 139,545 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Oak Valley Bancorp by 1.6% during the second quarter. Geode Capital Management LLC now owns 161,422 shares of the financial services provider's stock worth $4,398,000 after purchasing an additional 2,592 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of 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 purchasing an additional 15,865 shares during the last quarter. State Street Corp grew its holdings in shares of 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 worth $2,983,000 after purchasing an additional 806 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Oak Valley Bancorp by 19.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 42,897 shares of the financial services provider's stock valued at $1,289,000 after buying an additional 6,985 shares during the period. Institutional investors and hedge funds own 30.86% of the company's stock.
Analyst Ratings Changes
Separately, Weiss Ratings downgraded shares of Oak Valley Bancorp from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy".
View Our Latest Research Report on Oak Valley Bancorp
About Oak Valley Bancorp
(
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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