Mraz Amerine & Associates Inc. Sells 1,015 Shares of Oak Valley Bancorp (NASDAQ:OVLY)

Mraz Amerine & Associates Inc. reduced its stake in Oak Valley Bancorp (NASDAQ:OVLY) by 10.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,337 shares of the financial services provider’s stock after selling 1,015 shares during the period. Mraz Amerine & Associates Inc.’s holdings in Oak Valley Bancorp were worth $250,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of OVLY. BlackRock Inc. grew its stake in shares of Oak Valley Bancorp by 923.4% in the 2nd quarter. BlackRock Inc. now owns 310,184 shares of the financial services provider’s stock valued at $7,814,000 after purchasing an additional 279,875 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Oak Valley Bancorp by 212.8% in the 3rd quarter. Vanguard Group Inc. now owns 369,015 shares of the financial services provider’s stock worth $9,255,000 after acquiring an additional 251,036 shares in the last quarter. First Republic Investment Management Inc. acquired a new position in shares of Oak Valley Bancorp in the 4th quarter worth approximately $3,398,000. Geode Capital Management LLC boosted its holdings in shares of Oak Valley Bancorp by 106.2% in the 2nd quarter. Geode Capital Management LLC now owns 126,782 shares of the financial services provider’s stock worth $3,194,000 after acquiring an additional 65,284 shares in the last quarter. Finally, State Street Corp boosted its holdings in shares of Oak Valley Bancorp by 255.8% in the 2nd quarter. State Street Corp now owns 73,603 shares of the financial services provider’s stock worth $1,854,000 after acquiring an additional 52,915 shares in the last quarter. 30.86% of the stock is currently owned by institutional investors.

Oak Valley Bancorp Price Performance

Shares of OVLY traded up $0.12 on Thursday, hitting $23.37. The company’s stock had a trading volume of 5,492 shares, compared to its average volume of 9,616. The company has a market capitalization of $193.74 million, a PE ratio of 6.25 and a beta of 0.36. Oak Valley Bancorp has a fifty-two week low of $22.49 and a fifty-two week high of $30.70. The company has a 50 day moving average price of $24.17 and a 200 day moving average price of $25.66.

Oak Valley Bancorp (NASDAQ:OVLY) last announced its earnings results on Friday, January 19th. The financial services provider reported $0.71 EPS for the quarter. Oak Valley Bancorp had a return on equity of 20.92% and a net margin of 35.34%. The business had revenue of $19.67 million for the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Oak Valley Bancorp from a “sell” rating to a “hold” rating in a report on Thursday, April 4th.

Insiders Place Their Bets

In other news, Director Daniel J. Leonard acquired 1,000 shares of Oak Valley Bancorp stock in a transaction on Wednesday, January 31st. The shares were purchased at an average price of $26.99 per share, with a total value of $26,990.00. Following the acquisition, the director now owns 58,223 shares in the company, valued at $1,571,438.77. The transaction was disclosed in a document filed with the SEC, which is available through this link. In the last quarter, insiders have bought 2,923 shares of company stock valued at $74,598. 19.61% of the stock is currently owned by corporate insiders.

Oak Valley Bancorp Company Profile

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.