Oak Valley Bancorp (CA) (OVLY) EVP David S. Harvey Sells 1,000 Shares of Stock

Oak Valley Bancorp (CA) (NASDAQ:OVLY) EVP David S. Harvey sold 1,000 shares of the business’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $15.00, for a total transaction of $15,000.00. Following the completion of the transaction, the executive vice president now directly owns 36,216 shares in the company, valued at $543,240. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of Oak Valley Bancorp (OVLY) traded up 0.0000% during trading on Friday, reaching $15.1548. 254 shares of the company’s stock traded hands. The company has a market capitalization of $122.18 million, a price-to-earnings ratio of 13.1896 and a beta of 0.01. Oak Valley Bancorp has a 1-year low of $9.55 and a 1-year high of $16.48. The company has a 50 day moving average of $15.21 and a 200-day moving average of $14.44.

The company also recently declared a semiannual dividend, which was paid on Thursday, August 10th. Stockholders of record on Monday, July 31st were paid a dividend of $0.125 per share. This represents a dividend yield of 1.68%. The ex-dividend date was Thursday, July 27th. Oak Valley Bancorp (CA)’s dividend payout ratio (DPR) is presently 21.74%.

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A hedge fund recently raised its stake in Oak Valley Bancorp (CA) stock. M3F Inc. boosted its stake in shares of Oak Valley Bancorp (CA) (NASDAQ:OVLY) by 265.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,472 shares of the financial services provider’s stock after buying an additional 31,567 shares during the period. Oak Valley Bancorp (CA) makes up 0.7% of M3F Inc.’s portfolio, making the stock its 28th largest position. M3F Inc. owned about 0.54% of Oak Valley Bancorp (CA) worth $604,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 13.83% of the company’s stock.

Separately, ValuEngine raised shares of Oak Valley Bancorp (CA) from a “hold” rating to a “buy” rating in a research note on Saturday, June 10th.

About Oak Valley Bancorp (CA)

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.