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 Oak Valley Bancorp stock in a transaction dated 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. This represents a 1.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 shares were 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 shares were sold at an average price of $24.90, for a total value of $9,960.00.

Oak Valley Bancorp Stock Performance

NASDAQ:OVLY traded down $0.08 on Friday, hitting $27.53. 3,896 shares of the stock were exchanged, compared to its average volume of 13,108. The stock has a market capitalization of $230.70 million, a price-to-earnings ratio of 9.27 and a beta of 0.45. Oak Valley Bancorp has a 52 week low of $22.70 and a 52 week high of $32.24. The company's 50-day moving average price is $26.49 and its 200 day moving average price is $26.01.

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

Hedge Funds Weigh In On Oak Valley Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the business. M3F Inc. boosted its position in Oak Valley Bancorp by 0.8% during the 1st quarter. M3F Inc. now owns 122,436 shares of the financial services provider's stock worth $3,056,000 after acquiring an additional 1,000 shares during the last quarter. Hsbc Holdings PLC raised its stake in Oak Valley Bancorp by 33.3% in the 1st quarter. Hsbc Holdings PLC now owns 12,434 shares of the financial services provider's stock valued at $314,000 after acquiring an additional 3,104 shares during the period. Nuveen LLC bought a new stake in Oak Valley Bancorp in the 1st quarter valued at $217,000. Deutsche Bank AG raised its stake in Oak Valley Bancorp by 80.1% in the 1st quarter. Deutsche Bank AG now owns 3,657 shares of the financial services provider's stock valued at $91,000 after acquiring an additional 1,627 shares during the period. Finally, Cetera Investment Advisers raised its stake in Oak Valley Bancorp by 392.3% in the 1st quarter. Cetera Investment Advisers now owns 45,719 shares of the financial services provider's stock valued at $1,141,000 after acquiring an additional 36,432 shares during the period. 30.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Wall Street Zen raised 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.