Richard A. Mccarty Sells 1,200 Shares of Oak Valley Bancorp (NASDAQ:OVLY) Stock

Oak Valley Bancorp (NASDAQ:OVLY) COO Richard A. Mccarty sold 1,200 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $16.85, for a total value of $20,220.00. Following the completion of the transaction, the chief operating officer now directly owns 35,943 shares in the company, valued at $605,639.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Oak Valley Bancorp stock traded down $0.25 during trading hours on Friday, hitting $16.50. 1,500 shares of the company’s stock traded hands, compared to its average volume of 6,666. The stock has a 50 day simple moving average of $16.71 and a 200-day simple moving average of $18.08. The company has a market cap of $137.47 million, a PE ratio of 11.02 and a beta of 0.47. Oak Valley Bancorp has a twelve month low of $15.60 and a twelve month high of $19.94.

Oak Valley Bancorp (NASDAQ:OVLY) last announced its earnings results on Friday, October 18th. The financial services provider reported $0.40 earnings per share for the quarter. The company had revenue of $11.72 million during the quarter. Oak Valley Bancorp had a return on equity of 11.96% and a net margin of 25.98%.

Institutional investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its stake in shares of Oak Valley Bancorp by 8.1% during the second quarter. Charles Schwab Investment Management Inc. now owns 16,895 shares of the financial services provider’s stock valued at $331,000 after acquiring an additional 1,267 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Oak Valley Bancorp by 3.7% during the second quarter. Bank of New York Mellon Corp now owns 22,130 shares of the financial services provider’s stock valued at $433,000 after acquiring an additional 794 shares in the last quarter. BlackRock Inc. grew its stake in shares of Oak Valley Bancorp by 0.9% during the second quarter. BlackRock Inc. now owns 316,199 shares of the financial services provider’s stock valued at $6,181,000 after acquiring an additional 2,942 shares in the last quarter. Northern Trust Corp grew its stake in shares of Oak Valley Bancorp by 4.0% during the second quarter. Northern Trust Corp now owns 67,109 shares of the financial services provider’s stock valued at $1,312,000 after acquiring an additional 2,560 shares in the last quarter. Finally, Rhumbline Advisers acquired a new stake in shares of Oak Valley Bancorp during the third quarter valued at about $173,000. Institutional investors own 20.61% of the company’s stock.

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 small and medium sized businesses 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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Insider Buying and Selling by Quarter for Oak Valley Bancorp (NASDAQ:OVLY)

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