Oak Valley Bancorp (NASDAQ:OVLY) Director H Randolph Holder, Jr. Purchases 2,000 Shares

Oak Valley Bancorp (NASDAQ:OVLY - Get Free Report) Director H Randolph Holder, Jr. bought 2,000 shares of the stock in a transaction dated Tuesday, May 27th. The shares were purchased at an average price of $24.83 per share, with a total value of $49,660.00. Following the completion of the transaction, the director now directly owns 152,176 shares in the company, valued at approximately $3,778,530.08. The trade was a 1.33% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Oak Valley Bancorp Price Performance

Shares of NASDAQ OVLY traded down $0.39 during midday trading on Monday, reaching $25.10. 8,985 shares of the stock traded hands, compared to its average volume of 12,248. The stock has a market capitalization of $210.39 million, a PE ratio of 8.31 and a beta of 0.47. Oak Valley Bancorp has a one year low of $22.70 and a one year high of $32.24. The company's 50 day moving average is $25.05 and its 200 day moving average is $26.73.

Oak Valley Bancorp (NASDAQ:OVLY - Get Free Report) last posted its earnings results on Friday, April 18th. The financial services provider reported $0.64 EPS for the quarter. The firm had revenue of $19.42 million during the quarter. Oak Valley Bancorp had a return on equity of 14.28% and a net margin of 28.03%.

Analyst Ratings Changes

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

Institutional Trading of Oak Valley Bancorp

A number of institutional investors have recently bought and sold shares of the stock. M3F Inc. lifted its position in Oak Valley Bancorp by 0.8% in the first quarter. M3F Inc. now owns 122,436 shares of the financial services provider's stock worth $3,056,000 after buying an additional 1,000 shares during the last quarter. Hsbc Holdings PLC lifted its position in Oak Valley Bancorp by 33.3% in the first quarter. Hsbc Holdings PLC now owns 12,434 shares of the financial services provider's stock worth $314,000 after buying an additional 3,104 shares during the last quarter. Nuveen LLC bought a new stake in Oak Valley Bancorp in the first quarter worth $217,000. Deutsche Bank AG lifted its position in Oak Valley Bancorp by 80.1% in the first quarter. Deutsche Bank AG now owns 3,657 shares of the financial services provider's stock worth $91,000 after buying an additional 1,627 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in Oak Valley Bancorp by 392.3% in the first quarter. Cetera Investment Advisers now owns 45,719 shares of the financial services provider's stock worth $1,141,000 after buying an additional 36,432 shares during the last quarter. 30.86% of the stock is currently owned by institutional investors.

Oak Valley Bancorp Company Profile

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.