Oak Valley Bancorp (CA) (NASDAQ:OVLY) Director Sells $10,736.25 in Stock

Oak Valley Bancorp (CA) (NASDAQ:OVLY - Get Free Report) Director Don Barton sold 375 shares of the business's stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $28.63, for a total value of $10,736.25. Following the completion of the transaction, the director directly owned 33,350 shares of the company's stock, valued at $954,810.50. The trade was a 1.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Thursday, June 12th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The shares were sold at an average price of $26.11, for a total value of $9,791.25.
• On Monday, May 12th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The stock was sold at an average price of $26.38, for a total value of $9,892.50.
• On Monday, April 28th, Don Barton sold 400 shares of Oak Valley Bancorp stock. The stock was sold at an average price of $24.90, for a total value of $9,960.00.

Oak Valley Bancorp Trading Down 1.3%

NASDAQ:OVLY traded down $0.37 during trading hours on Thursday, hitting $27.61. The company had a trading volume of 23,075 shares, compared to its average volume of 13,207. The company has a 50-day moving average of $26.44 and a 200 day moving average of $26.02. The company has a market cap of $231.43 million, a P/E ratio of 9.30 and a beta of 0.45. Oak Valley Bancorp has a 1 year low of $22.70 and a 1 year high of $32.24.

Oak Valley Bancorp (NASDAQ:OVLY - Get Free Report) last issued its earnings results on Friday, April 18th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter. The company had revenue of $19.42 million during the quarter. Oak Valley Bancorp had a return on equity of 13.54% and a net margin of 27.04%.

Institutional Trading of Oak Valley Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of OVLY. Tower Research Capital LLC TRC increased its position in shares of Oak Valley Bancorp by 190.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,506 shares of the financial services provider's stock worth $44,000 after purchasing an additional 987 shares during the last quarter. Deutsche Bank AG acquired a new stake in shares of Oak Valley Bancorp during the 4th quarter worth about $59,000. Nuveen LLC acquired a new position in Oak Valley Bancorp during the 1st quarter worth about $217,000. Wells Fargo & Company MN lifted its stake in Oak Valley Bancorp by 12.2% during the 4th quarter. Wells Fargo & Company MN now owns 8,000 shares of the financial services provider's stock worth $234,000 after acquiring an additional 872 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its stake in Oak Valley Bancorp by 9.4% during the 4th quarter. Hsbc Holdings PLC now owns 9,330 shares of the financial services provider's stock worth $281,000 after acquiring an additional 803 shares in the last quarter. 30.86% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Oak Valley Bancorp from a "sell" rating to a "hold" rating in a report on Tuesday, April 8th.

About Oak Valley Bancorp

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides a range of commercial banking services to individuals and small to medium-sized businesses in the Central Valley and the Eastern Sierras. The company's deposits products include checking and savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit.