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

Oak Valley Bancorp (CA) (NASDAQ:OVLY) Director Daniel Leonard bought 375 shares of Oak Valley Bancorp stock in a transaction on Wednesday, April 29th. The shares were acquired at an average cost of $33.00 per share, for a total transaction of $12,375.00. Following the completion of the acquisition, the director directly owned 62,598 shares in the company, valued at approximately $2,065,734. The trade was a 0.60% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Oak Valley Bancorp Price Performance

OVLY opened at $33.52 on Friday. Oak Valley Bancorp has a fifty-two week low of $24.50 and a fifty-two week high of $35.47. The firm has a market capitalization of $281.90 million, a price-to-earnings ratio of 11.64 and a beta of 0.21. The company’s 50 day moving average price is $32.98 and its two-hundred day moving average price is $30.86.

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC lifted its stake in shares of Oak Valley Bancorp by 1,578.7% in the first 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 in the last quarter. Hsbc Holdings PLC lifted its stake in shares of Oak Valley Bancorp by 10.0% in the fourth 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 in the last quarter. AQR Capital Management LLC lifted its stake in shares of Oak Valley Bancorp by 9.0% in the fourth quarter. AQR Capital Management LLC now owns 19,063 shares of the financial services provider’s stock valued at $573,000 after buying an additional 1,582 shares in the last quarter. Barclays PLC lifted its stake in shares of Oak Valley Bancorp by 3.4% in the fourth quarter. Barclays PLC now owns 28,594 shares of the financial services provider’s stock valued at $860,000 after buying an additional 931 shares in the last quarter. Finally, Fourthstone LLC lifted its stake in shares of 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 buying an additional 139,545 shares in the last quarter. Institutional investors and hedge funds own 30.86% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of Oak Valley Bancorp in a report on Friday, April 10th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

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.