Vinci Compass Investments (NASDAQ:VINP) Stock: Insider Bruno Augusto Sacchi Zaremba Sells 5,325 Shares

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 5,325 shares of the company’s stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $10.94, for a total value of $58,255.50. Following the completion of the sale, the insider owned 1,037,964 shares in the company, valued at $11,355,326.16. The trade was a 0.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 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 Friday, October 9th, Augusto Zaremba sold 21,222 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.34, for a total value of $240,657.48.
• 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 Trading Down 3.3%

Vinci Compass Investments stock opened at $10.83 on Thursday. The company has a current ratio of 3.58, a quick ratio of 3.58 and a debt-to-equity ratio of 0.38. The business’s fifty day simple moving average is $9.76 and its two-hundred day simple moving average is $10.04. Vinci Compass Investments Ltd. has a 12 month low of $9.13 and a 12 month high of $13.61. The company has a market capitalization of $708.50 million, a price-to-earnings ratio of 15.47 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last released its earnings results on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $54.05 million during the quarter, compared to analysts’ expectations of $56.12 million. As a group, equities analysts predict that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current fiscal year.

Vinci Compass Investments Announces Dividend

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

Hedge Funds Weigh In On Vinci Compass Investments

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Endure Capital Management LLC bought a new position in Vinci Compass Investments in the 1st quarter valued at approximately $3,531,000. SPX Gestao de Recursos Ltda boosted its stake in 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 purchasing an additional 671,448 shares during the last quarter. Rockefeller Capital Management L.P. bought a new stake in shares of Vinci Compass Investments in the 4th quarter worth $1,324,000. Engineers Gate Manager LP increased its holdings in shares of Vinci Compass Investments by 46.0% in 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 in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Vinci Compass Investments in the 2nd quarter worth $54,000. 34.07% of the stock is owned by institutional investors.

Key Vinci Compass Investments News

Here are the key news stories impacting Vinci Compass Investments this week:

• Positive Sentiment: Vinci Compass Investments recently declared a quarterly dividend of $0.17 per share, equivalent to $0.68 annually and a yield of approximately 6.1%. The payout may appeal to income-focused investors, although the payout ratio is elevated at 97.14%.
• Positive Sentiment: Institutional activity provides some support: SPX Gestao de Recursos increased its position by 16.8%, while Engineers Gate Manager raised its holdings by 46%. Institutional and hedge-fund investors own approximately 34.07% of the company.
• Neutral Sentiment: The insider transactions were executed under pre-arranged Rule 10b5-1 plans, reducing the likelihood that the sales signal newly developed company-specific concerns. Augusto Zaremba and Fernando Lovisotto continued to hold substantial positions after selling.
• Negative Sentiment: Insider selling was substantial across the reported transactions. Zaremba sold 43,505 shares for roughly $490,745, while Lovisotto sold 21,521 shares for approximately $245,217. The repeated sales may weigh on sentiment, particularly because Lovisotto reduced his position by about 20%.
• Negative Sentiment: The company’s latest quarterly results missed expectations: earnings per share were $0.19 versus a $0.21 consensus estimate, and revenue of $54.05 million came in below the $56.12 million forecast.
• Negative Sentiment: Analyst sentiment remains mixed to cautious. Weiss Ratings lowered its assessment, Zacks Research issued a “strong sell” rating, and the consensus rating is “Hold,” despite JPMorgan maintaining an “overweight” view with a $14 price target.

Analyst Upgrades and Downgrades

Several analysts recently commented on VINP shares. JPMorgan Chase & Co. cut 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 research report on Thursday, September 10th. Weiss Ratings lowered shares of Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. Finally, Zacks Research cut shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Vinci Compass Investments presently has a consensus rating of “Hold” and a consensus 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.