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 stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $33.26, for a total value of $12,472.50. Following the transaction, the director owned 30,350 shares of the company’s stock, valued at approximately $1,009,441. The trade was a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, May 26th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The shares were sold at an average price of $33.77, for a total transaction of $12,663.75.

Oak Valley Bancorp Trading Up 1.3%

Shares of NASDAQ OVLY traded up $0.42 during mid-day trading on Friday, hitting $33.68. The company had a trading volume of 194,442 shares, compared to its average volume of 67,101. The firm has a 50-day simple moving average of $33.68 and a two-hundred day simple moving average of $32.50. The company has a market capitalization of $283.25 million, a PE ratio of 11.69 and a beta of 0.21. Oak Valley Bancorp has a one year low of $25.41 and a one year high of $35.97.

Oak Valley Bancorp (NASDAQ:OVLY) last posted its quarterly earnings results on Tuesday, May 12th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter. Oak Valley Bancorp had a net margin of 24.80% and a return on equity of 11.99%. The firm had revenue of $20.78 million for the quarter.

Analyst Upgrades and Downgrades

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

Institutional Trading of Oak Valley Bancorp

A number of institutional investors have recently bought and sold shares of OVLY. Fourthstone LLC increased its holdings in shares of Oak Valley Bancorp by 84.1% during the fourth quarter. Fourthstone LLC now owns 305,401 shares of the financial services provider’s stock worth $9,180,000 after purchasing an additional 139,545 shares during the period. Geode Capital Management LLC grew its position in 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 buying an additional 2,592 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Oak Valley Bancorp by 11.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 158,145 shares of the financial services provider’s stock worth $5,128,000 after acquiring an additional 15,865 shares during the period. State Street Corp raised its holdings in Oak Valley Bancorp by 0.8% in the 4th quarter. State Street Corp now owns 99,225 shares of the financial services provider’s stock valued at $2,983,000 after acquiring an additional 806 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Oak Valley Bancorp by 19.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 42,897 shares of the financial services provider’s stock valued at $1,289,000 after acquiring an additional 6,985 shares in the last quarter. Institutional investors 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.