Oak Valley Bancorp (OVLY) Director Ronald C. Martin Sells 1,924 Shares

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 transaction, the director now owns 205,601 shares in the company, valued at approximately $4,494,437.86. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Oak Valley Bancorp (NASDAQ:OVLY) opened at $21.35 on Tuesday. Oak Valley Bancorp has a twelve month low of $12.71 and a twelve month high of $23.89. The stock has a market capitalization of $171.53 and a PE ratio of 18.89.

Oak Valley Bancorp (NASDAQ:OVLY) last announced its quarterly earnings results on Thursday, January 18th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter. Oak Valley Bancorp had a return on equity of 11.55% and a net margin of 24.43%. The company had revenue of $10.22 million for the quarter.

The firm also recently declared a semiannual dividend, which was paid on Friday, February 9th. Investors of record on Monday, January 29th were issued a dividend of $0.13 per share. This represents a yield of 1.25%. The ex-dividend date of this dividend was Friday, January 26th. This is an increase from Oak Valley Bancorp’s previous semiannual dividend of $0.13. Oak Valley Bancorp’s payout ratio is currently 23.01%.

A number of large investors have recently made changes to their positions in OVLY. Delphi Management Inc. MA purchased a new position in Oak Valley Bancorp during the 3rd quarter valued at about $307,000. Maltese Capital Management LLC increased its holdings in Oak Valley Bancorp by 9.1% during the 3rd 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 during the period. Finally, Siena Capital Partners GP LLC increased its holdings in Oak Valley Bancorp by 3.5% during the 3rd 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 during the period. Institutional investors own 14.33% of the company’s stock.

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Oak Valley Bancorp Company Profile

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.

Insider Buying and Selling by Quarter for Oak Valley Bancorp (NASDAQ:OVLY)

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