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.
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.
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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.
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