Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells 11,818 Shares of Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 11,818 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $10.33, for a total value of $122,079.94. Following the completion of the sale, the insider owned 989,231 shares of the company’s stock, valued at $10,218,756.23. This trade represents a 1.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fernando Lovisotto also recently made the following trade(s):

• On Tuesday, June 16th, Fernando Lovisotto sold 4,410 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.04, for a total value of $44,276.40.
• On Tuesday, June 2nd, Fernando Lovisotto sold 2,077 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.06, for a total value of $20,894.62.
• On Monday, June 1st, Fernando Lovisotto sold 5,034 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.11, for a total value of $50,893.74.
• On Friday, May 29th, Fernando Lovisotto sold 4,200 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.08, for a total value of $42,336.00.
• On Thursday, May 28th, Fernando Lovisotto sold 3,079 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.10, for a total transaction of $31,097.90.
• On Wednesday, May 27th, Fernando Lovisotto sold 2,728 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.04, for a total transaction of $27,389.12.
• On Friday, May 22nd, Fernando Lovisotto sold 5,767 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.06, for a total transaction of $58,016.02.
• On Thursday, May 21st, Fernando Lovisotto sold 3,429 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.27, for a total transaction of $35,215.83.
• On Wednesday, May 20th, Fernando Lovisotto sold 4,692 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.28, for a total transaction of $48,233.76.
• On Tuesday, May 19th, Fernando Lovisotto sold 5,435 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.00, for a total transaction of $54,350.00.

Vinci Compass Investments Stock Up 0.6%

Shares of NASDAQ:VINP traded up $0.06 during midday trading on Monday, reaching $9.82. 46,850 shares of the company were exchanged, compared to its average volume of 67,409. The firm has a market cap of $642.42 million, a PE ratio of 13.27 and a beta of 0.29. Vinci Compass Investments Ltd. has a fifty-two week low of $9.20 and a fifty-two week high of $13.61. The stock has a fifty day simple moving average of $10.41 and a two-hundred day simple moving average of $11.49. The company has a quick ratio of 5.08, a current ratio of 5.08 and a debt-to-equity ratio of 0.46.

Vinci Compass Investments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Monday, May 25th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date was Friday, May 22nd. Vinci Compass Investments’s dividend payout ratio is 91.89%.

Institutional Investors Weigh In On Vinci Compass Investments

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC boosted its stake in shares of Vinci Compass Investments by 6.7% during the 4th quarter. Geode Capital Management LLC now owns 30,116 shares of the company’s stock worth $393,000 after buying an additional 1,896 shares during the last quarter. Van ECK Associates Corp increased its position in shares of Vinci Compass Investments by 16.6% in the third quarter. Van ECK Associates Corp now owns 15,055 shares of the company’s stock valued at $162,000 after acquiring an additional 2,138 shares during the last quarter. Mondrian Investment Partners LTD bought a new stake in Vinci Compass Investments during the fourth quarter worth about $37,000. R Squared Ltd raised its holdings in Vinci Compass Investments by 6.4% during the first quarter. R Squared Ltd now owns 52,686 shares of the company’s stock worth $556,000 after acquiring an additional 3,153 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in Vinci Compass Investments by 4.9% during the fourth quarter. Renaissance Technologies LLC now owns 75,636 shares of the company’s stock valued at $986,000 after purchasing an additional 3,504 shares during the last quarter. 34.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on VINP shares. Zacks Research raised Vinci Compass Investments to a “hold” rating in a research report on Thursday, April 16th. Wall Street Zen cut Vinci Compass Investments from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Weiss Ratings cut Vinci Compass Investments from a “buy (b-)” rating to a “hold (c)” rating in a research note on Tuesday, June 16th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $14.00.

About Vinci Compass Investments

Vinci Partners Investments Ltd. operates as an asset management firm in Brazil. The company focuses on private markets, liquid strategies, investment products and solutions, and retirement services. It offers private equity, infrastructure, real estate, credit, special situations, equities, hedge funds, and investment products and solutions comprising portfolio and management services. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.