H Randolph Holder, Jr. Acquires 6,000 Shares of Oak Valley Bancorp (NASDAQ:OVLY) Stock

Oak Valley Bancorp (NASDAQ:OVLYGet Free Report) Director H Randolph Holder, Jr. purchased 6,000 shares of Oak Valley Bancorp stock in a transaction that occurred on Wednesday, January 29th. The shares were bought at an average cost of $25.97 per share, for a total transaction of $155,820.00. Following the completion of the transaction, the director now directly owns 147,633 shares in the company, valued at $3,834,029.01. This represents a 4.24 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this link.

Oak Valley Bancorp Price Performance

Oak Valley Bancorp stock traded down $0.11 during midday trading on Friday, hitting $25.87. 15,876 shares of the company were exchanged, compared to its average volume of 14,729. The company’s fifty day moving average price is $28.67 and its 200-day moving average price is $27.45. Oak Valley Bancorp has a fifty-two week low of $22.91 and a fifty-two week high of $32.24. The company has a market cap of $216.27 million, a PE ratio of 8.57 and a beta of 0.35.

Oak Valley Bancorp (NASDAQ:OVLYGet Free Report) last announced its earnings results on Friday, January 24th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter. Oak Valley Bancorp had a return on equity of 14.28% and a net margin of 28.03%.

Oak Valley Bancorp Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be given a $0.30 dividend. This represents a dividend yield of 1.7%. This is a positive change from Oak Valley Bancorp’s previous semi-annual dividend of $0.23. The ex-dividend date of this dividend is Monday, February 3rd. Oak Valley Bancorp’s dividend payout ratio is presently 14.90%.

Institutional Investors Weigh In On Oak Valley Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sierra Ocean LLC acquired a new stake in shares of Oak Valley Bancorp during the 4th quarter valued at approximately $163,000. Valmark Advisers Inc. acquired a new stake in shares of Oak Valley Bancorp during the 4th quarter valued at approximately $1,726,000. Legato Capital Management LLC bought a new position in Oak Valley Bancorp during the 4th quarter worth $212,000. JPMorgan Chase & Co. grew its stake in Oak Valley Bancorp by 123.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,755 shares of the financial services provider’s stock worth $286,000 after buying an additional 5,945 shares during the last quarter. Finally, Barclays PLC grew its stake in Oak Valley Bancorp by 122.8% during the 3rd quarter. Barclays PLC now owns 15,368 shares of the financial services provider’s stock worth $408,000 after buying an additional 8,471 shares during the last quarter. 30.86% of the stock is owned by institutional investors and hedge funds.

Oak Valley Bancorp Company Profile

(Get Free Report)

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.

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

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