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

Oak Valley Bancorp (CA) (NASDAQ:OVLY) Director Don Barton sold 375 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $30.25, for a total transaction of $11,343.75. Following the sale, the director owned 31,100 shares of the company’s stock, valued at approximately $940,775. The trade was a 1.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Don Barton also recently made the following trade(s):

• On Friday, December 12th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The shares were sold at an average price of $30.29, for a total value of $11,358.75.
• On Wednesday, November 12th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The stock was sold at an average price of $28.69, for a total value of $10,758.75.

Oak Valley Bancorp Price Performance

Shares of OVLY traded up $0.22 during mid-day trading on Wednesday, hitting $30.43. The stock had a trading volume of 8,938 shares, compared to its average volume of 11,605. Oak Valley Bancorp has a 52 week low of $22.70 and a 52 week high of $31.45. The business has a fifty day moving average price of $29.25 and a 200-day moving average price of $28.26. The firm has a market cap of $255.31 million, a P/E ratio of 10.68 and a beta of 0.26.

Oak Valley Bancorp (NASDAQ:OVLY) last announced its quarterly earnings data on Thursday, November 13th. The financial services provider reported $0.81 earnings per share for the quarter. The company had revenue of $21.17 million during the quarter. Oak Valley Bancorp had a return on equity of 12.56% and a net margin of 25.28%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC purchased a new position in shares of Oak Valley Bancorp during the second quarter worth approximately $319,000. Geode Capital Management LLC boosted its stake in shares of Oak Valley Bancorp by 1.6% during the 2nd quarter. Geode Capital Management LLC now owns 161,422 shares of the financial services provider’s stock valued at $4,398,000 after purchasing an additional 2,592 shares in the last quarter. LSV Asset Management purchased a new position in shares of Oak Valley Bancorp during the 2nd quarter worth approximately $79,000. Rhumbline Advisers raised its holdings in Oak Valley Bancorp by 59.4% in the second quarter. Rhumbline Advisers now owns 10,401 shares of the financial services provider’s stock worth $283,000 after purchasing an additional 3,875 shares in the last quarter. Finally, Hsbc Holdings PLC increased its stake in shares of Oak Valley Bancorp by 20.9% in the 2nd quarter. Hsbc Holdings PLC now owns 15,037 shares of the financial services provider’s stock worth $409,000 after acquiring an additional 2,603 shares in the last quarter. Institutional investors own 30.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “buy (b-)” rating on shares of Oak Valley Bancorp in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Oak Valley Bancorp currently has an average rating of “Buy”.

About Oak Valley Bancorp

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.