Vinci Compass Investments (NASDAQ:VINP) Stock: Insider Bruno Augusto Sacchi Zaremba Sells 7,200 Shares

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 7,200 shares of the business’s stock in a transaction on Wednesday, October 14th. The shares were sold at an average price of $10.89, for a total transaction of $78,408.00. Following the completion of the sale, the insider directly owned 989,099 shares of the company’s stock, valued at approximately $10,771,288.11. This trade represents a 0.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 Tuesday, October 13th, Augusto Zaremba sold 7,053 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.19, for a total transaction 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 value 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 value of $240,657.48.
• On Thursday, October 8th, Augusto Zaremba sold 5,325 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.94, for a total value 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 value of $38,248.96.

Vinci Compass Investments Stock Performance

Shares of Vinci Compass Investments stock traded down $0.02 on Friday, hitting $10.93. The stock had a trading volume of 30,431 shares, compared to its average volume of 74,184. Vinci Compass Investments Ltd. has a 52-week low of $9.13 and a 52-week high of $13.61. The company has a current ratio of 3.58, a quick ratio of 3.58 and a debt-to-equity ratio of 0.38. The stock has a market cap of $715.04 million, a price-to-earnings ratio of 15.61 and a beta of 0.26. The company’s 50 day moving average price is $9.80 and its 200 day moving average price is $10.06.

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

Vinci Compass Investments Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VINP. Weiss Ratings cut shares of Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. Zacks Research downgraded shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a research note on Thursday, September 10th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $14.00.

Institutional Trading of Vinci Compass Investments

Several hedge funds have recently modified their holdings of VINP. SPX Gestao de Recursos Ltda lifted its holdings in shares of 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 buying an additional 671,448 shares during the period. Endure Capital Management LLC purchased a new stake in shares of Vinci Compass Investments in the first quarter valued at approximately $3,531,000. Rockefeller Capital Management L.P. acquired a new position in Vinci Compass Investments during the fourth quarter worth $1,324,000. Renaissance Technologies LLC grew its holdings in Vinci Compass Investments by 12.2% during the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock worth $896,000 after acquiring an additional 9,264 shares during the period. Finally, Deltec Asset Management LLC grew its holdings in Vinci Compass Investments by 136.1% during the first 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 during the period. 34.07% of the stock is owned by institutional investors and hedge funds.

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.