Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells $38,248.96 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 3,568 shares of the business’s stock in a transaction that occurred on Wednesday, October 7th. The shares were sold at an average price of $10.72, for a total value of $38,248.96. Following the completion of the transaction, the insider owned 1,043,289 shares of the company’s stock, valued at $11,184,058.08. This represents a 0.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. 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 Wednesday, October 14th, Augusto Zaremba sold 7,200 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.89, for a total value of $78,408.00.
• On Tuesday, October 13th, Augusto Zaremba sold 7,053 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.19, for a total value of $78,923.07.
• On Monday, October 12th, Augusto Zaremba sold 13,390 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.47, for a total transaction of $153,583.30.
• On Friday, October 9th, Augusto Zaremba sold 21,222 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.34, for a total transaction of $240,657.48.
• 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.

Vinci Compass Investments Stock Performance

Shares of VINP opened at $10.95 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58. Vinci Compass Investments Ltd. has a twelve month low of $9.13 and a twelve month high of $13.61. The firm’s 50 day moving average price is $9.78 and its two-hundred day moving average price is $10.05. The firm has a market cap of $716.35 million, a P/E ratio of 15.64 and a beta of 0.26.

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

Vinci Compass Investments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments’s payout ratio is currently 97.14%.

Institutional Investors Weigh In On Vinci Compass Investments

Several institutional investors have recently bought and sold shares of the company. SPX Gestao de Recursos Ltda lifted its stake in Vinci Compass Investments by 16.8% in the 1st quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock valued at $49,291,000 after acquiring an additional 671,448 shares in the last quarter. Endure Capital Management LLC acquired a new position in Vinci Compass Investments during the 1st quarter worth approximately $3,531,000. Rockefeller Capital Management L.P. bought a new position in shares of Vinci Compass Investments during the 4th quarter worth approximately $1,324,000. Renaissance Technologies LLC grew its stake in shares of Vinci Compass Investments by 12.2% during the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock worth $896,000 after acquiring an additional 9,264 shares in the last quarter. Finally, Deltec Asset Management LLC grew its stake in shares of Vinci Compass Investments by 136.1% during the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock worth $632,000 after acquiring an additional 34,553 shares in the last quarter. Institutional investors own 34.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Weiss Ratings lowered shares of Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. JPMorgan Chase & Co. dropped 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. Finally, Zacks Research downgraded Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price 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.