Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells $226,485.45 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 19,815 shares of the business’s stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $11.43, for a total value of $226,485.45. Following the transaction, the insider directly owned 915,442 shares of the company’s stock, valued at $10,463,502.06. The trade was a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 Thursday, October 22nd, Augusto Zaremba sold 7,291 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.42, for a total transaction of $83,263.22.
• On Wednesday, October 21st, Augusto Zaremba sold 3,843 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.29, for a total transaction of $43,387.47.
• On Tuesday, October 20th, Augusto Zaremba sold 15,668 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.20, for a total value of $175,481.60.
• On Monday, October 19th, Augusto Zaremba sold 16,273 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.96, for a total value of $178,352.08.
• On Friday, October 16th, Augusto Zaremba sold 2,450 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.87, for a total value of $26,631.50.
• On Thursday, October 15th, Augusto Zaremba sold 8,317 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.88, for a total value of $90,488.96.
• On Wednesday, October 14th, Augusto Zaremba sold 7,200 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.89, for a total transaction of $78,408.00.
• 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 transaction of $153,583.30.
• On Friday, October 9th, Augusto Zaremba sold 21,222 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.34, for a total transaction of $240,657.48.

Vinci Compass Investments Trading Down 2.3%

Shares of Vinci Compass Investments stock opened at $8.80 on Thursday. 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 company has a fifty day simple moving average of $9.94 and a 200-day simple moving average of $10.57. The stock has a market cap of $575.71 million, a price-to-earnings ratio of 12.57 and a beta of 0.26. Vinci Compass Investments Ltd. has a 12-month low of $8.68 and a 12-month high of $13.61.

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

Vinci Compass Investments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were given a dividend of $0.17 per share. The ex-dividend date was Tuesday, August 25th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 7.7%. Vinci Compass Investments’s payout ratio is 97.14%.

Institutional Investors Weigh In On Vinci Compass Investments

Several hedge funds have recently made changes to their positions in VINP. Pension & Wealth Management Advisors Inc. raised its stake in shares of Vinci Compass Investments by 6.3% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 42,565 shares of the company’s stock worth $398,000 after buying an additional 2,541 shares in the last quarter. Engineers Gate Manager LP lifted its holdings in shares of Vinci Compass Investments by 46.0% in the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock valued at $158,000 after buying an additional 5,129 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of Vinci Compass Investments in the second quarter valued at approximately $54,000. Endure Capital Management LLC purchased a new stake in shares of Vinci Compass Investments in the first quarter valued at approximately $3,531,000. Finally, Renaissance Technologies LLC boosted its stake in shares of Vinci Compass Investments by 12.2% in the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock valued at $896,000 after buying an additional 9,264 shares in the last quarter. Institutional investors and hedge funds own 34.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on VINP. Weiss Ratings raised Vinci Compass Investments from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, October 23rd. Zacks Research downgraded Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. Finally, 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 report on Thursday, September 10th. One 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. According to data from MarketBeat.com, Vinci Compass Investments has an average rating of “Hold” and a consensus target price of $14.00.

Vinci Compass Investments Company Profile

Vinci Compass Investments Ltd. is an alternative investment platform focused on Latin America. The company manages capital for institutional investors, family offices, high-net-worth individuals and other clients through a range of public- and private-market strategies.

Its investment activities include private equity, infrastructure, real estate, private credit, hedge funds, equities, fixed income and other customized investment solutions. Through its Vinci and Compass businesses, the company provides asset management and advisory services designed to give clients access to opportunities across Brazil and other Latin American markets.

Vinci Partners, the company’s principal operating business, was founded in Brazil in 2009.