Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells $153,583.30 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 13,390 shares of the stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $11.47, for a total transaction of $153,583.30. Following the completion of the sale, the insider directly owned 1,003,352 shares in the company, valued at $11,508,447.44. This trade represents a 1.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 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 transaction 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 transaction of $78,923.07.
• 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 value 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 value of $58,255.50.
• On Wednesday, October 7th, Augusto Zaremba sold 3,568 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.72, for a total value of $38,248.96.

Vinci Compass Investments Trading Up 1.1%

Shares of NASDAQ 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. The business’s 50 day moving average price is $9.78 and its 200-day moving average price is $10.05. Vinci Compass Investments Ltd. has a fifty-two week low of $9.13 and a fifty-two week high of $13.61. The company has a market cap of $716.35 million, a price-to-earnings ratio of 15.64 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last issued 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 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%. On average, sell-side analysts expect that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current year.

Vinci Compass Investments Dividend Announcement

The firm also recently announced 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 dividend payout ratio (DPR) is presently 97.14%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on VINP shares. JPMorgan Chase & Co. lowered their target price 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. 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. Finally, Zacks Research downgraded shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. One 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. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $14.00.

Institutional Investors Weigh In On Vinci Compass Investments

Several hedge funds have recently modified their holdings of VINP. SPX Gestao de Recursos Ltda increased its holdings in Vinci Compass Investments by 16.8% during the first 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 bought a new position in Vinci Compass Investments in the first quarter worth approximately $3,531,000. Rockefeller Capital Management L.P. bought a new position in Vinci Compass Investments in the fourth quarter worth approximately $1,324,000. Renaissance Technologies LLC raised its stake in Vinci Compass Investments by 12.2% in the first 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. Finally, Deltec Asset Management LLC lifted 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 buying an additional 34,553 shares during the period. Hedge funds and other institutional investors 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.