Insider Buying: Oak Valley Bancorp(NDA) Director Purchases 5,000 Shares of Stock (OVLY)
Oak Valley Bancorp(NDA) (NASDAQ:OVLY) Director Janet S. Pelton bought 5,000 shares of Oak Valley Bancorp(NDA) stock on the open market in a transaction dated Thursday, May 29th. The stock was purchased at an average price of $10.00 per share, for a total transaction of $50,000.00. Following the completion of the purchase, the director now directly owns 30,000 shares of the company’s stock, valued at approximately $300,000. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of Oak Valley Bancor (NASDAQ:OVLY) opened at 9.9297 on Friday. Oak Valley Bancor has a one year low of $7.50 and a one year high of $12.48. The stock’s 50-day moving average is $9.79 and its 200-day moving average is $9.28. The company has a market cap of $77.5 million and a P/E ratio of 13.04.
Oak Valley Bancorp is a bank holding company. The Company operates through its wholly owned subsidiary, Oak Valley Community Bank (NASDAQ:OVLY).
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