Oak Valley Bancorp (NASDAQ:OVLY) Director Ronald C. Martin sold 1,000 shares of the company’s stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $18.09, for a total transaction of $18,090.00. Following the sale, the director now owns 194,797 shares of the company’s stock, valued at $3,523,877.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

OVLY stock traded down $0.18 during mid-day trading on Wednesday, reaching $18.03. 1,220 shares of the stock traded hands, compared to its average volume of 6,490. Oak Valley Bancorp has a 52 week low of $16.39 and a 52 week high of $22.19. The stock has a 50-day simple moving average of $19.04. The company has a market cap of $149.54 million, a price-to-earnings ratio of 12.07 and a beta of 0.42.

Oak Valley Bancorp (NASDAQ:OVLY) last released its earnings results on Wednesday, July 17th. The financial services provider reported $0.37 earnings per share for the quarter. Oak Valley Bancorp had a net margin of 25.98% and a return on equity of 12.10%. The business had revenue of $11.37 million during the quarter.

The business also recently announced a Semi-Annual dividend, which was paid on Friday, August 9th. Investors of record on Monday, July 29th were paid a $0.135 dividend. The ex-dividend date was Friday, July 26th. This is a boost from Oak Valley Bancorp’s previous Semi-Annual dividend of $0.12.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OVLY. BlackRock Inc. grew its holdings in Oak Valley Bancorp by 5.4% in the 4th quarter. BlackRock Inc. now owns 326,118 shares of the financial services provider’s stock worth $5,968,000 after buying an additional 16,805 shares in the last quarter. Northern Trust Corp grew its holdings in Oak Valley Bancorp by 5.6% in the 4th quarter. Northern Trust Corp now owns 63,350 shares of the financial services provider’s stock worth $1,160,000 after buying an additional 3,363 shares in the last quarter. Dimensional Fund Advisors LP bought a new position in Oak Valley Bancorp in the 4th quarter worth approximately $288,000. Geode Capital Management LLC grew its holdings in Oak Valley Bancorp by 14.1% in the 4th quarter. Geode Capital Management LLC now owns 29,369 shares of the financial services provider’s stock worth $537,000 after buying an additional 3,628 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in Oak Valley Bancorp by 22.1% in the 4th quarter. Bank of America Corp DE now owns 5,909 shares of the financial services provider’s stock worth $107,000 after buying an additional 1,069 shares in the last quarter. Institutional investors and hedge funds own 20.42% of the company’s stock.

About Oak Valley Bancorp

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides banking products and services to individuals and small and medium sized businesses in Oakdale, California, and surrounding areas. The company accepts various deposits products, such as checking and savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit.

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Insider Buying and Selling by Quarter for Oak Valley Bancorp (NASDAQ:OVLY)

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