Trump announces 100% chip tariff as Apple ups U.S. investment
Oak Valley Bancorp (NASDAQ:OVLY), a $209.2 million market cap regional bank trading at an attractive P/E ratio of 8.26, has seen Director Terrance P. Withrow increase his stake in the company, according to a recent SEC filing. Withrow acquired a total of 499 shares of Oak Valley Bancorp’s common stock in two separate transactions. The purchases, which occurred on August 9, 2024, and February 14, 2025, were executed at prices of $26.22 and $28.06 per share, respectively. The total value of these transactions amounts to $13,595. According to InvestingPro analysis, the stock is currently fairly valued.
The shares were purchased through an automatic dividend reinvestment plan via Withrow’s brokerage account, capitalizing on the bank’s current 2.33% dividend yield. Following these acquisitions, Withrow’s total direct ownership in Oak Valley Bancorp stands at 31,326 shares. InvestingPro data reveals the company has maintained dividend payments for 12 consecutive years, with 11 years of consecutive increases. Subscribers can access more insights and financial metrics about Oak Valley Bancorp’s performance and outlook.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.