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

Oak Valley Bancorp (CA) (NASDAQ:OVLY) Director Don Barton sold 375 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $33.26, for a total transaction of $12,472.50. Following the sale, the director owned 30,350 shares in the company, valued at $1,009,441. This represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible 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 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 value of $12,663.75.

Oak Valley Bancorp Stock Performance

NASDAQ:OVLY opened at $33.68 on Friday. The firm has a market capitalization of $283.25 million, a PE ratio of 11.69 and a beta of 0.21. The stock’s fifty day moving average is $33.68 and its 200 day moving average is $32.50. Oak Valley Bancorp has a fifty-two week low of $25.41 and a fifty-two week high of $35.97.

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

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in OVLY. Renaissance Technologies LLC increased its stake in Oak Valley Bancorp by 42.8% in the 1st quarter. Renaissance Technologies LLC now owns 35,375 shares of the financial services provider’s stock worth $1,147,000 after buying an additional 10,602 shares during the period. Dimensional Fund Advisors LP lifted its holdings 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 valued at $5,128,000 after buying an additional 15,865 shares in the last quarter. Kestra Advisory Services LLC boosted its position in Oak Valley Bancorp by 1,578.7% in the 1st quarter. Kestra Advisory Services LLC now owns 23,519 shares of the financial services provider’s stock valued at $763,000 after buying an additional 22,118 shares during the period. Hsbc Holdings PLC boosted its position in Oak Valley Bancorp by 10.0% in the 4th quarter. Hsbc Holdings PLC now owns 23,513 shares of the financial services provider’s stock valued at $716,000 after buying an additional 2,138 shares during the period. Finally, AQR Capital Management LLC grew its stake in Oak Valley Bancorp by 9.0% in the 4th quarter. AQR Capital Management LLC now owns 19,063 shares of the financial services provider’s stock worth $573,000 after acquiring an additional 1,582 shares in the last quarter. 30.86% of the stock is currently owned by institutional investors.

Oak Valley Bancorp Company Profile

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.