Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells $56,278.85 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 5,245 shares of the company’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $10.73, for a total transaction of $56,278.85. Following the sale, the insider directly owned 969,258 shares of the company’s stock, valued at $10,400,138.34. This represents a 0.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.44, for a total value of $122,649.12.
• On Friday, July 10th, Fernando Lovisotto sold 1,034 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.05, for a total value of $10,391.70.

Vinci Compass Investments Price Performance

Shares of Vinci Compass Investments stock traded up $0.09 during midday trading on Wednesday, hitting $10.84. 38,054 shares of the company traded hands, compared to its average volume of 65,388. The firm’s fifty day moving average price is $9.60 and its 200-day moving average price is $10.00. The stock has a market cap of $709.15 million, a price-to-earnings ratio of 15.49 and a beta of 0.26. Vinci Compass Investments Ltd. has a 12 month low of $9.13 and a 12 month high of $13.61. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58.

Vinci Compass Investments (NASDAQ:VINP) last posted its 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 business had revenue of $54.05 million for the quarter, compared to analyst estimates of $56.12 million. As a group, sell-side analysts forecast that Vinci Compass Investments Ltd. will post 0.8 earnings per share for the current year.

Vinci Compass Investments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments’s payout ratio is presently 97.14%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. decreased their price objective on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a report on Thursday, September 10th. Zacks Research lowered shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vinci Compass Investments in a research note on Friday, September 11th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $13.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP lifted its holdings in Vinci Compass Investments by 46.0% during the second 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 during the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Vinci Compass Investments in the second quarter valued at approximately $54,000. Endure Capital Management LLC bought a new stake in shares of Vinci Compass Investments in the first quarter valued at approximately $3,531,000. Renaissance Technologies LLC lifted its stake in shares of Vinci Compass Investments by 12.2% during the 1st 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. Finally, SPX Gestao de Recursos Ltda lifted its stake in shares of 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 valued at $49,291,000 after buying an additional 671,448 shares in the last quarter. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

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.