Oak Valley Bancorp (OVLY) Director Ronald C. Martin Sells 1,076 Shares

Oak Valley Bancorp (NASDAQ:OVLY) Director Ronald C. Martin sold 1,076 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $21.42, for a total value of $23,047.92. Following the transaction, the director now owns 205,697 shares of the company’s stock, valued at approximately $4,406,029.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Oak Valley Bancorp (NASDAQ:OVLY) traded up $0.05 during trading hours on Friday, hitting $21.70. The company’s stock had a trading volume of 5,144 shares, compared to its average volume of 7,762. Oak Valley Bancorp has a fifty-two week low of $12.71 and a fifty-two week high of $23.89. The stock has a market capitalization of $175.74 and a price-to-earnings ratio of 17.36.

Oak Valley Bancorp (NASDAQ:OVLY) last posted its quarterly earnings results on Thursday, January 18th. The financial services provider reported $0.32 earnings per share for the quarter. Oak Valley Bancorp had a net margin of 24.43% and a return on equity of 11.55%. The firm had revenue of $10.22 million during the quarter.

The business also recently declared a semiannual dividend, which will be paid on Friday, February 9th. Stockholders of record on Monday, January 29th will be paid a dividend of $0.13 per share. This represents a dividend yield of 1.25%. The ex-dividend date of this dividend is Friday, January 26th. This is an increase from Oak Valley Bancorp’s previous semiannual dividend of $0.13. Oak Valley Bancorp’s payout ratio is currently 23.01%.

Several institutional investors have recently bought and sold shares of OVLY. Delphi Management Inc. MA bought a new stake in shares of Oak Valley Bancorp during the third quarter valued at approximately $307,000. Maltese Capital Management LLC raised its stake in shares of Oak Valley Bancorp by 12.0% during the fourth quarter. Maltese Capital Management LLC now owns 120,100 shares of the financial services provider’s stock valued at $2,347,000 after acquiring an additional 12,900 shares in the last quarter. Finally, Siena Capital Partners GP LLC raised its stake in shares of Oak Valley Bancorp by 3.5% during the third quarter. Siena Capital Partners GP LLC now owns 295,362 shares of the financial services provider’s stock valued at $4,959,000 after acquiring an additional 10,042 shares in the last quarter. 14.20% of the stock is owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY NOTICE: This article was originally published by Community Financial News and is the property of of Community Financial News. If you are reading this article on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright law. The legal version of this article can be viewed at https://www.com-unik.info/2018/02/09/oak-valley-bancorp-ovly-director-ronald-c-martin-sells-1076-shares.html.

Oak Valley Bancorp Company Profile

Oak Valley Bancorp is a bank holding company. The Company operates through its subsidiary, Oak Valley Community Bank (the Bank). The Bank operates in two primary business segments: Retail Banking and Commercial Banking. The Retail Banking segment offers a range of checking and savings accounts, including Negotiable Order of Withdrawal accounts, money market accounts, overdraft protection, health savings accounts, certificates of deposit and Individual Retirement Accounts.

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

Receive News & Ratings for Oak Valley Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oak Valley Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit