Oak Valley Bancorp (NASDAQ:OVLY) Director H Randolph Holder, Jr. Acquires 6,000 Shares of Stock

Oak Valley Bancorp (NASDAQ:OVLY) Director H Randolph Holder, Jr. purchased 6,000 shares of the business’s stock in a transaction on Wednesday, January 29th. The shares were bought at an average price of $25.97 per share, for a total transaction of $155,820.00. Following the purchase, the director now directly owns 147,633 shares in the company, valued at $3,834,029.01. This represents a 4.24 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Oak Valley Bancorp Price Performance

Shares of OVLY opened at $25.87 on Friday. The firm has a market capitalization of $216.27 million, a PE ratio of 8.57 and a beta of 0.35. The company’s fifty day moving average price is $28.57 and its 200-day moving average price is $27.44. Oak Valley Bancorp has a 1-year low of $22.91 and a 1-year high of $32.24.

Oak Valley Bancorp (NASDAQ:OVLY) last announced its quarterly earnings data on Friday, January 24th. The financial services provider reported $0.73 EPS for the quarter. Oak Valley Bancorp had a net margin of 28.03% and a return on equity of 14.28%.

Oak Valley Bancorp Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be given a dividend of $0.30 per share. This is a boost from Oak Valley Bancorp’s previous semi-annual dividend of $0.23. This represents a yield of 1.7%. The ex-dividend date is Monday, February 3rd. Oak Valley Bancorp’s dividend payout ratio (DPR) is currently 14.90%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Sierra Ocean LLC purchased a new position in shares of Oak Valley Bancorp during the 4th quarter valued at approximately $163,000. Legato Capital Management LLC acquired a new stake in Oak Valley Bancorp during the fourth quarter valued at $212,000. JPMorgan Chase & Co. increased its holdings in Oak Valley Bancorp by 123.6% in the third quarter. JPMorgan Chase & Co. now owns 10,755 shares of the financial services provider’s stock valued at $286,000 after buying an additional 5,945 shares in the last quarter. Fourthstone LLC acquired a new position in shares of Oak Valley Bancorp in the third quarter worth about $295,000. Finally, Seizert Capital Partners LLC purchased a new stake in shares of Oak Valley Bancorp during the 3rd quarter worth about $327,000. 30.86% of the stock is owned by institutional investors and hedge funds.

About Oak Valley Bancorp

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides a range of commercial banking services to individuals and small to medium-sized businesses in the Central Valley and the Eastern Sierras. The company's deposits products include checking and savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit.