Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells 7,200 Shares of Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 7,200 shares of Vinci Compass Investments stock in a transaction dated Wednesday, October 14th. The shares were sold at an average price of $10.89, for a total value of $78,408.00. Following the completion of the transaction, the insider owned 989,099 shares of the company’s stock, valued at approximately $10,771,288.11. This represents a 0.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 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 value of $78,923.07.
• On Monday, October 12th, Augusto Zaremba sold 13,390 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.47, for a total value of $153,583.30.
• On Friday, October 9th, Augusto Zaremba sold 21,222 shares of Vinci Compass Investments stock. The stock was 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 Price Performance

Shares of Vinci Compass Investments stock traded up $0.12 on Thursday, reaching $10.95. The company’s stock had a trading volume of 86,605 shares, compared to its average volume of 66,848. The company has a market capitalization of $716.37 million, a P/E ratio of 15.64 and a beta of 0.26. Vinci Compass Investments Ltd. has a 52-week low of $9.13 and a 52-week high of $13.61. The stock has a 50-day moving average price of $9.76 and a 200-day moving average price of $10.04. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38.

Vinci Compass Investments (NASDAQ:VINP) last announced 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 business had revenue of $54.05 million for the quarter, compared to analyst estimates of $56.12 million. Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. Analysts expect that Vinci Compass Investments Ltd. will post 0.80 EPS for the current year.

Vinci Compass Investments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were paid a $0.17 dividend. The ex-dividend date of this dividend 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 currently 97.14%.

Analyst Ratings Changes

Several equities research analysts recently commented on VINP shares. 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. JPMorgan Chase & Co. decreased their price objective 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, Weiss Ratings downgraded shares of Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Vinci Compass Investments currently has a consensus rating of “Hold” and an average price target of $14.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VINP. Public Employees Retirement System of Ohio purchased a new position in Vinci Compass Investments in the 2nd quarter valued at $54,000. Engineers Gate Manager LP boosted its stake in Vinci Compass Investments by 46.0% during the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after purchasing an additional 5,129 shares during the last quarter. R Squared Ltd grew its holdings in shares of 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 buying an additional 3,153 shares in the last quarter. Deltec Asset Management LLC grew its holdings in shares of 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 in the last quarter. Finally, Renaissance Technologies LLC grew its holdings 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. 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.