What happens to stocks if AI loses momentum?
Oak Valley Bancorp (OTC:OVLY) Director Terrance P. Withrow reported purchasing 294 shares of common stock on August 8, 2025. The shares were bought at a price of $26.88, for a total transaction value of $7,902. The stock, currently trading at $28.15, has risen since the insider purchase. With a market capitalization of $233 million and a P/E ratio of 9.5, Oak Valley Bancorp shows strong financial metrics according to InvestingPro data.
Following the transaction, Withrow directly owns 31,620 shares of Oak Valley Bancorp. The purchase was made through an automatic dividend reinvestment via a brokerage account. The bank maintains a 2.13% dividend yield and has raised its dividend for 12 consecutive years. InvestingPro analysis suggests the stock is currently trading near its Fair Value, with several more exclusive insights available to subscribers.
In other recent news, Oak Valley Bancorp reported its second-quarter net income of $5.59 million, equating to $0.67 per diluted share. This marks an increase from the first quarter, where net income was $5.30 million, or $0.64 per share. However, the results show a decrease compared to the same period last year, when net income was $5.89 million, or $0.71 per share. These developments highlight the company’s financial performance in the recent quarter. Investors may note the changes in income compared to both the previous quarter and the same period last year. The earnings figures were released in a press statement, providing transparency to stakeholders. No additional major news such as mergers or analyst upgrades or downgrades has been reported recently.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.