Headlines about Oak Valley Bancorp (NASDAQ:OVLY) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Oak Valley Bancorp earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.796603733532 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Oak Valley Bancorp stock traded up $0.30 during trading hours on Friday, reaching $20.30. 10,314 shares of the company’s stock traded hands, compared to its average volume of 10,264. Oak Valley Bancorp has a fifty-two week low of $14.55 and a fifty-two week high of $25.65. The company has a market cap of $163.66 million, a PE ratio of 15.39 and a beta of -0.08.
Oak Valley Bancorp (NASDAQ:OVLY) last released its earnings results on Thursday, July 19th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter. Oak Valley Bancorp had a net margin of 22.45% and a return on equity of 11.40%. The company had revenue of $10.34 million for the quarter.
The firm also recently announced a semiannual dividend, which was paid on Friday, August 10th. Shareholders of record on Monday, July 30th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Friday, July 27th. This is an increase from Oak Valley Bancorp’s previous semiannual dividend of $0.12. This represents a yield of 1.14%.
Separately, ValuEngine upgraded shares of Oak Valley Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd.
In related news, Director H Randolph Holder, Jr. purchased 1,800 shares of the stock in a transaction dated Friday, May 25th. The stock was bought at an average cost of $20.00 per share, with a total value of $36,000.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP David S. Harvey sold 5,260 shares of the company’s stock in a transaction dated Friday, May 18th. The shares were sold at an average price of $20.04, for a total value of $105,410.40. Following the completion of the sale, the executive vice president now directly owns 35,180 shares of the company’s stock, valued at $705,007.20. The disclosure for this sale can be found here. Corporate insiders own 16.04% of the company’s stock.
About Oak Valley Bancorp
Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides banking products and services to individuals and business enterprises 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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