H Randolph Holder, Jr. Buys 2,000 Shares of Oak Valley Bancorp (NASDAQ:OVLY) Stock

Oak Valley Bancorp (NASDAQ:OVLY) Director H Randolph Holder, Jr. acquired 2,000 shares of the company’s stock in a transaction dated Thursday, February 13th. The stock was acquired at an average cost of $17.98 per share, for a total transaction of $35,960.00.

Shares of Oak Valley Bancorp stock traded up $0.27 on Friday, hitting $17.73. 369 shares of the company’s stock traded hands, compared to its average volume of 6,327. Oak Valley Bancorp has a one year low of $15.60 and a one year high of $19.95. The company has a fifty day moving average of $18.78 and a two-hundred day moving average of $17.81. The company has a market capitalization of $142.54 million, a price-to-earnings ratio of 11.58 and a beta of 0.54.

Oak Valley Bancorp (NASDAQ:OVLY) last released its earnings results on Thursday, January 23rd. The financial services provider reported $0.39 EPS for the quarter. The business had revenue of $11.60 million during the quarter. Oak Valley Bancorp had a return on equity of 11.78% and a net margin of 25.79%.

The firm also recently declared a semi-annual dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.14 per share. This represents a dividend yield of 1.5%. This is a boost from Oak Valley Bancorp’s previous semi-annual dividend of $0.12. The ex-dividend date of this dividend is Friday, January 31st.

Several institutional investors have recently bought and sold shares of OVLY. Fourthstone LLC bought a new stake in shares of Oak Valley Bancorp in the 4th quarter valued at $608,000. Renaissance Technologies LLC bought a new position in Oak Valley Bancorp during the fourth quarter worth $252,000. Rhumbline Advisers bought a new position in Oak Valley Bancorp during the third quarter worth $173,000. Panagora Asset Management Inc. grew its holdings in Oak Valley Bancorp by 89.9% in the fourth quarter. Panagora Asset Management Inc. now owns 10,659 shares of the financial services provider’s stock worth $207,000 after purchasing an additional 5,046 shares during the period. Finally, State Street Corp grew its holdings in Oak Valley Bancorp by 4.0% in the fourth quarter. State Street Corp now owns 112,375 shares of the financial services provider’s stock worth $2,187,000 after purchasing an additional 4,366 shares during the period. Hedge funds and other institutional investors own 20.66% 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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