Vinci Compass Investments (NASDAQ:VINP) Stock: Insider Fernando Lovisotto Sells 11,748 Shares

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 11,748 shares of the company’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $10.44, for a total value of $122,649.12. Following the transaction, the insider directly owned 974,503 shares of the company’s stock, valued at approximately $10,173,811.32. This trade represents a 1.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.73, for a total transaction of $56,278.85.
• 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 transaction of $10,391.70.

Vinci Compass Investments Stock Performance

Shares of VINP stock opened at $11.00 on Friday. The company’s fifty day simple moving average is $9.65 and its 200-day simple moving average is $10.02. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38. The firm has a market cap of $719.62 million, a PE ratio of 15.71 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.

Vinci Compass Investments (NASDAQ:VINP) last announced 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. Equities research analysts expect that Vinci Compass Investments Ltd. will post 0.8 EPS for the current fiscal year.

Vinci Compass Investments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders 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 annualized dividend and a dividend yield of 6.2%. Vinci Compass Investments’s dividend payout ratio (DPR) is presently 97.14%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VINP. SPX Gestao de Recursos Ltda raised its holdings in shares of Vinci Compass Investments by 16.8% in 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 purchasing an additional 671,448 shares during the period. Endure Capital Management LLC acquired a new position in Vinci Compass Investments during the first quarter worth approximately $3,531,000. Rockefeller Capital Management L.P. acquired a new position in Vinci Compass Investments during 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 valued at $896,000 after buying an additional 9,264 shares during the period. Finally, Deltec Asset Management LLC raised its stake in Vinci Compass Investments by 136.1% in the first quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock valued at $632,000 after buying an additional 34,553 shares during the period. 34.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on the company. JPMorgan Chase & Co. dropped their target price on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a report on Thursday, September 10th. Zacks Research downgraded 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 report on Friday, September 11th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Vinci Compass Investments presently has an average rating of “Hold” and an average target price of $14.00.

Vinci Compass Investments Company Profile

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.