Oak Valley Bancorp (NASDAQ:OVLY) Stock: Insider Don Barton Sells 375 Shares

Oak Valley Bancorp (CA) (NASDAQ:OVLY) Director Don Barton sold 375 shares of the stock in a transaction on Monday, October 26th. The shares were sold at an average price of $34.00, for a total transaction of $12,750.00. Following the completion of the transaction, the director owned 28,850 shares of the company’s stock, valued at approximately $980,900. This represents a 1.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Don Barton also recently made the following trade(s):

• On Monday, September 28th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The stock was sold at an average price of $34.03, for a total transaction of $12,761.25.
• On Wednesday, August 26th, Don Barton sold 375 shares of Oak Valley Bancorp stock. The stock was sold at an average price of $34.07, for a total transaction of $12,776.25.

Oak Valley Bancorp Trading Up 0.8%

Shares of Oak Valley Bancorp stock opened at $34.29 on Wednesday. The firm’s 50-day simple moving average is $34.13 and its 200-day simple moving average is $33.36. Oak Valley Bancorp has a twelve month low of $26.47 and a twelve month high of $35.97.

Oak Valley Bancorp (NASDAQ:OVLY) last posted its earnings results on Wednesday, October 21st. The financial services provider reported $0.77 earnings per share for the quarter. The business had revenue of $21.65 million during the quarter.

Institutional Trading of Oak Valley Bancorp

A number of large investors have recently bought and sold shares of OVLY. Dimensional Fund Advisors LP raised its stake in Oak Valley Bancorp by 11.2% during the first quarter. Dimensional Fund Advisors LP now owns 158,145 shares of the financial services provider’s stock worth $5,128,000 after acquiring an additional 15,865 shares in the last quarter. State Street Corp lifted its holdings in shares of Oak Valley Bancorp by 23.0% during the second quarter. State Street Corp now owns 130,531 shares of the financial services provider’s stock valued at $4,405,000 after acquiring an additional 24,382 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Oak Valley Bancorp by 42.8% during the first quarter. Renaissance Technologies LLC now owns 35,375 shares of the financial services provider’s stock valued at $1,147,000 after acquiring an additional 10,602 shares during the period. Citadel Advisors LLC boosted its stake in shares of Oak Valley Bancorp by 280.6% in the 2nd quarter. Citadel Advisors LLC now owns 28,963 shares of the financial services provider’s stock valued at $977,000 after purchasing an additional 21,354 shares in the last quarter. Finally, Squarepoint Ops LLC acquired a new stake in shares of Oak Valley Bancorp in the 2nd quarter valued at $802,000. 30.86% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered Oak Valley Bancorp from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, August 14th. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

About Oak Valley Bancorp

Oak Valley Bancorp is the bank holding company for Oak Valley Community Bank, a community-focused financial institution headquartered in Oakdale, California. The bank serves individuals, families, farmers, professionals, and businesses in California’s Central Valley through a network of banking offices and digital banking services.

Oak Valley Community Bank offers a range of commercial and consumer banking products, including checking and savings accounts, certificates of deposit, business and agricultural loans, commercial real estate financing, residential real estate loans, and personal lending.