Vinci Compass Investments (NASDAQ:VINP) Insider Bruno Augusto Sacchi Zaremba Sells 21,222 Shares of Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 21,222 shares of the firm’s stock in a transaction on Friday, October 9th. The shares were sold at an average price of $11.34, for a total value of $240,657.48. Following the transaction, the insider directly owned 1,016,742 shares of the company’s stock, valued at $11,529,854.28. This represents a 2.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bruno Augusto Sacchi Zaremba also recently made the following trade(s):

• On Monday, October 12th, Augusto Zaremba sold 13,390 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.47, for a total transaction of $153,583.30.
• On Thursday, October 8th, Augusto Zaremba sold 5,325 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.94, for a total transaction of $58,255.50.
• On Wednesday, October 7th, Augusto Zaremba sold 3,568 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.72, for a total transaction of $38,248.96.

Vinci Compass Investments Stock Down 2.6%

Shares of Vinci Compass Investments stock traded down $0.30 during trading on Tuesday, hitting $11.20. The company’s stock had a trading volume of 77,282 shares, compared to its average volume of 71,803. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58. The company has a fifty day simple moving average of $9.71 and a two-hundred day simple moving average of $10.03. The company has a market capitalization of $732.70 million, a PE ratio of 15.33 and a beta of 0.26. Vinci Compass Investments Ltd. has a 52 week low of $9.13 and a 52 week high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.02). The business had revenue of $54.05 million for the quarter, compared to the consensus estimate of $56.12 million. Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. Equities research analysts predict that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current year.

Vinci Compass Investments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 6.1%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio (DPR) is presently 97.14%.

Hedge Funds Weigh In On Vinci Compass Investments

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio purchased a new position in shares of Vinci Compass Investments in the second quarter worth $54,000. Engineers Gate Manager LP lifted its holdings in shares of Vinci Compass Investments by 46.0% during the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock valued at $158,000 after purchasing an additional 5,129 shares in the last quarter. R Squared Ltd boosted its position in shares of Vinci Compass Investments by 6.4% during the first quarter. R Squared Ltd now owns 52,686 shares of the company’s stock valued at $556,000 after buying an additional 3,153 shares during the last quarter. Deltec Asset Management LLC boosted its position in shares of Vinci Compass Investments by 136.1% during the first quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock valued at $632,000 after buying an additional 34,553 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Vinci Compass Investments by 12.2% in the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock worth $896,000 after buying an additional 9,264 shares in the last quarter. 34.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on VINP shares. JPMorgan Chase & Co. cut their price target on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a research note on Thursday, September 10th. Weiss Ratings cut Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. Finally, Zacks Research cut Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $14.00.

About Vinci Compass Investments

Vinci Partners Investments Ltd. is an alternative investment platform focused primarily on Brazil and Latin America. The company provides investment management and advisory services to institutional investors, family offices, high-net-worth individuals and other clients through a range of private- and public-market strategies.

Its offerings have included private equity, infrastructure, real estate, private credit, hedge funds and public equities. Vinci also manages investment vehicles and provides related asset-management services designed to give clients access to Brazilian and other Latin American opportunities across multiple asset classes.

Founded in 2009, Vinci Partners is headquartered in Brazil and serves both domestic and international investors.