Daniel Leonard Acquires 375 Shares of Oak Valley Bancorp (NASDAQ:OVLY) Stock

Oak Valley Bancorp (CA) (NASDAQ:OVLY) Director Daniel Leonard purchased 375 shares of Oak Valley Bancorp stock in a transaction dated Wednesday, April 29th. The stock was bought at an average cost of $33.00 per share, with a total value of $12,375.00. Following the completion of the purchase, the director owned 62,598 shares in the company, valued at approximately $2,065,734. This trade represents a 0.60% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Oak Valley Bancorp Stock Performance

Shares of NASDAQ:OVLY traded down $0.08 during trading on Thursday, reaching $33.08. The company had a trading volume of 19,827 shares, compared to its average volume of 22,423. Oak Valley Bancorp has a twelve month low of $24.50 and a twelve month high of $35.47. The firm has a market capitalization of $278.20 million, a PE ratio of 11.49 and a beta of 0.23. The firm’s fifty day moving average is $32.99 and its 200 day moving average is $30.84.

Oak Valley Bancorp (NASDAQ:OVLY) last released its earnings results on Wednesday, April 22nd. The financial services provider reported $999.00 EPS for the quarter. Oak Valley Bancorp had a net margin of 25.16% and a return on equity of 12.12%. The business had revenue of $20.78 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of Oak Valley Bancorp in a research note on Friday, April 10th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Institutional Investors Weigh In On Oak Valley Bancorp

Large investors have recently made changes to their positions in the company. Kestra Advisory Services LLC acquired a new stake in shares of Oak Valley Bancorp during the fourth quarter valued at approximately $42,000. BNP Paribas Financial Markets raised its holdings in shares of Oak Valley Bancorp by 123.4% during the third quarter. BNP Paribas Financial Markets now owns 2,708 shares of the financial services provider’s stock valued at $76,000 after acquiring an additional 1,496 shares during the period. CWM LLC increased its stake in Oak Valley Bancorp by 43.9% in the 3rd quarter. CWM LLC now owns 3,280 shares of the financial services provider’s stock valued at $92,000 after buying an additional 1,001 shares during the period. JPMorgan Chase & Co. increased its stake 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 valued at $169,000 after buying an additional 1,145 shares during the period. Finally, Legato Capital Management LLC acquired a new position in Oak Valley Bancorp in the 4th quarter valued at approximately $207,000. Institutional investors and hedge funds own 30.86% of the company’s stock.

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.