Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells $26,631.50 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 2,450 shares of the firm’s stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $10.87, for a total transaction of $26,631.50. Following the sale, the insider owned 978,332 shares of the company’s stock, valued at $10,634,468.84. This trade represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 15th, Augusto Zaremba sold 8,317 shares of Vinci Compass Investments stock. The stock was 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 value 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 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 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

VINP opened at $11.30 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58. The business has a fifty day simple moving average of $9.88 and a 200 day simple moving average of $10.07. Vinci Compass Investments Ltd. has a 1 year low of $9.13 and a 1 year high of $13.61. The company has a market capitalization of $739.25 million, a PE ratio of 16.14 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last posted its quarterly earnings data 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 return on equity of 12.65% and a net margin of 23.77%. The firm had revenue of $54.05 million for the quarter, compared to the consensus estimate of $56.12 million. Research analysts expect that Vinci Compass Investments Ltd. will post 0.80 EPS for the current year.

Vinci Compass Investments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors 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 annualized dividend and a dividend yield of 6.0%. Vinci Compass Investments’s dividend payout ratio is 97.14%.

Wall Street Analysts Forecast Growth

VINP has been the topic of a number of recent research reports. Zacks Research lowered shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. JPMorgan Chase & Co. dropped their price objective 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. Finally, Weiss Ratings downgraded shares of Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $14.00.

Institutional Investors Weigh In On Vinci Compass Investments

A number of large investors have recently added to or reduced their stakes in VINP. SPX Gestao de Recursos Ltda increased its stake in Vinci Compass Investments by 16.8% during the 1st quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock worth $49,291,000 after acquiring an additional 671,448 shares during the period. Endure Capital Management LLC acquired a new position in Vinci Compass Investments in the 1st quarter valued at $3,531,000. Rockefeller Capital Management L.P. acquired a new position in Vinci Compass Investments in the 4th quarter valued at $1,324,000. Renaissance Technologies LLC raised 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 valued at $896,000 after acquiring an additional 9,264 shares in the last quarter. Finally, Deltec Asset Management LLC raised its holdings in Vinci Compass Investments by 136.1% in the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock valued at $632,000 after acquiring an additional 34,553 shares in the last quarter. Institutional investors and hedge funds own 34.07% of the company’s stock.

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.