Oak Valley Bancorp (NASDAQ:OVLY) Director Ronald C. Martin sold 1,924 shares of the business’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $21.86, for a total value of $42,058.64. Following the completion of the sale, the director now owns 205,601 shares in the company, valued at $4,494,437.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of Oak Valley Bancorp (NASDAQ:OVLY) traded down $0.47 during trading on Monday, hitting $21.18. The stock had a trading volume of 15,600 shares, compared to its average volume of 7,934. The company has a market capitalization of $171.53 and a price-to-earnings ratio of 18.74. Oak Valley Bancorp has a 12 month low of $12.71 and a 12 month high of $23.89.
Oak Valley Bancorp (NASDAQ:OVLY) last issued its quarterly earnings results on Thursday, January 18th. The financial services provider reported $0.32 EPS for the quarter. The company had revenue of $10.22 million for the quarter. Oak Valley Bancorp had a return on equity of 11.55% and a net margin of 24.43%.
Several institutional investors have recently modified their holdings of OVLY. Delphi Management Inc. MA bought a new stake in shares of Oak Valley Bancorp in the third quarter valued at about $307,000. Maltese Capital Management LLC lifted its holdings in shares of Oak Valley Bancorp by 9.1% in the third quarter. Maltese Capital Management LLC now owns 107,200 shares of the financial services provider’s stock valued at $1,800,000 after purchasing an additional 8,975 shares in the last quarter. Finally, Siena Capital Partners GP LLC lifted its holdings in shares of Oak Valley Bancorp by 3.5% in 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 purchasing an additional 10,042 shares in the last quarter. Institutional investors own 14.33% of the company’s stock.
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About Oak Valley Bancorp
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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