Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells $240,657.48 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 21,222 shares of the firm’s stock in a transaction on Friday, October 9th. The stock was sold at an average price of $11.34, for a total value of $240,657.48. Following the transaction, the insider owned 1,016,742 shares of the company’s stock, valued at approximately $11,529,854.28. This represents a 2.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 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 shares were sold at an average price of $11.47, for a total value of $153,583.30.
• 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 opened at $10.95 on Friday. The business has a 50-day moving average of $9.78 and a 200 day moving average of $10.05. Vinci Compass Investments Ltd. has a 12 month low of $9.13 and a 12 month high of $13.61. The stock has a market capitalization of $716.35 million, a price-to-earnings ratio of 15.64 and a beta of 0.26. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58.

Vinci Compass Investments (NASDAQ:VINP) last released its 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). The firm had revenue of $54.05 million during the quarter, compared to analyst estimates of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. As a group, sell-side analysts forecast that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current year.

Vinci Compass Investments Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of VINP. Engineers Gate Manager LP raised its position in 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 purchasing an additional 5,129 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Vinci Compass Investments in the 2nd quarter valued at about $54,000. Endure Capital Management LLC purchased a new position in shares of Vinci Compass Investments in the 1st quarter valued at about $3,531,000. Renaissance Technologies LLC grew its position in shares of 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 buying an additional 9,264 shares in the last quarter. Finally, SPX Gestao de Recursos Ltda grew its position in shares of 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 worth $49,291,000 after buying an additional 671,448 shares in the last quarter. 34.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Weiss Ratings downgraded 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. reduced their target price on shares of Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a report on Thursday, September 10th. Finally, Zacks Research cut shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average 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.