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Michael Seth Isaac, a director at Ohio Valley Banc Corp (NASDAQ:OVBC), recently purchased 85.9599 common shares of the company. The shares were acquired at a price of $34.9 per share, for a total transaction value of $3,000. The stock, currently trading at $35.89, has shown strong momentum with a 44% gain over the past six months. InvestingPro analysis indicates the company is slightly overvalued at current levels.
According to a Form 4 filing with the Securities and Exchange Commission, the transaction occurred on August 11, 2025. The filing also indicates that Isaac acquired 2.902 shares under a dividend reinvestment plan at $34.9, for a total value of $101. Following these transactions, Isaac directly owns 529.2031 shares of Ohio Valley Banc Corp. The $169.55M market cap company maintains a P/E ratio of 12.24 and offers a 2.58% dividend yield, having maintained dividend payments for 32 consecutive years. For more detailed financial metrics and insights, check out InvestingPro, which features additional exclusive tips about OVBC’s performance and outlook.
In other recent news, Ohio Valley Banc Corp. has declared a quarterly cash dividend of $0.23 per share, scheduled for payment on August 10, 2025, to shareholders of record as of July 25, 2025. This announcement follows the company’s report of strong loan growth in the first half of 2025, aligning with their expectations for the year. Additionally, Ohio Valley Banc Corp. has been added to the Russell 3000 Index as of June 30, 2025, which also places it in the small-cap Russell 2000 Index and relevant growth and value style indexes. This inclusion is part of the 2025 Russell indexes reconstitution.
The company also held its annual shareholder meeting on May 14, 2025, where shareholders elected directors and ratified the independent registered public accounting firm for the upcoming fiscal year. Approximately 80.94% of the outstanding common shares were represented at the meeting. Larry E. Miller II, Edward J. Robbins, and K. Ryan Smith were elected to the Board of Directors, with their terms expiring in 2028. These developments reflect Ohio Valley Banc Corp.’s ongoing activities and strategic positioning in the market.
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