Oak Valley Bancorp (NASDAQ:OVLY) Director H Randolph Holder, Jr. purchased 3,200 shares of the business’s stock in a transaction on Friday, May 18th. The shares were acquired at an average price of $20.00 per share, for a total transaction of $64,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of OVLY stock traded up $0.60 during trading hours on Tuesday, reaching $20.66. 900 shares of the stock were exchanged, compared to its average volume of 7,002. Oak Valley Bancorp has a 12-month low of $13.61 and a 12-month high of $23.89. The firm has a market capitalization of $165.44 million, a price-to-earnings ratio of 15.21 and a beta of -0.01.
Get Oak Valley Bancorp alerts:Oak Valley Bancorp (NASDAQ:OVLY) last released its earnings results on Wednesday, April 18th. The financial services provider reported $0.35 earnings per share for the quarter. Oak Valley Bancorp had a net margin of 22.98% and a return on equity of 11.85%. The firm had revenue of $10.45 million for the quarter.
Several hedge funds have recently added to or reduced their stakes in OVLY. Basswood Capital Management L.L.C. purchased a new stake in shares of Oak Valley Bancorp during the fourth quarter worth approximately $622,000. Millennium Management LLC purchased a new stake in shares of Oak Valley Bancorp during the first quarter worth approximately $1,655,000. Finally, Maltese Capital Management LLC increased 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 worth $2,347,000 after buying an additional 12,900 shares during the period. Hedge funds and other institutional investors own 15.28% of the company’s stock.
Separately, ValuEngine upgraded shares of Oak Valley Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd.
Oak Valley Bancorp Company Profile
Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides banking products and services to individuals and business enterprises 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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