Northern Trust Corp increased its position in Oak Valley Bancorp (NASDAQ:OVLY) by 5.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,350 shares of the financial services provider’s stock after buying an additional 3,363 shares during the quarter. Northern Trust Corp’s holdings in Oak Valley Bancorp were worth $1,160,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently added to or reduced their stakes in OVLY. BlackRock Inc. lifted its position in Oak Valley Bancorp by 8.1% in the 3rd quarter. BlackRock Inc. now owns 309,313 shares of the financial services provider’s stock worth $6,079,000 after buying an additional 23,088 shares during the last quarter. Siena Capital Partners GP LLC lifted its position in Oak Valley Bancorp by 4.8% in the 4th quarter. Siena Capital Partners GP LLC now owns 282,665 shares of the financial services provider’s stock worth $5,173,000 after buying an additional 12,907 shares during the last quarter. Vanguard Group Inc lifted its position in Oak Valley Bancorp by 9.0% in the 3rd quarter. Vanguard Group Inc now owns 99,949 shares of the financial services provider’s stock worth $1,964,000 after buying an additional 8,239 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in Oak Valley Bancorp by 9.0% in the 3rd quarter. Vanguard Group Inc. now owns 99,949 shares of the financial services provider’s stock worth $1,964,000 after buying an additional 8,239 shares during the last quarter. Institutional investors own 20.62% of the company’s stock.
NASDAQ:OVLY opened at $19.39 on Friday. The company has a market capitalization of $158.92 million, a P/E ratio of 13.13 and a beta of 0.42. Oak Valley Bancorp has a 1-year low of $16.39 and a 1-year high of $25.65.
In related news, Director Allison Lafferty purchased 1,400 shares of the firm’s stock in a transaction on Monday, February 25th. The shares were acquired at an average cost of $17.97 per share, with a total value of $25,158.00. Following the purchase, the director now directly owns 866 shares of the company’s stock, valued at $15,562.02. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders acquired 2,644 shares of company stock worth $47,336 and sold 1,757 shares worth $32,421. 16.04% of the stock is owned by insiders.
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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 small and medium sized businesses 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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