Vinci Compass Investments (NASDAQ:VINP) Stock: Insider Fernando Lovisotto Sells 8,988 Shares

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 8,988 shares of the company’s stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $11.47, for a total transaction of $103,092.36. Following the transaction, the insider owned 94,079 shares in the company, valued at $1,079,086.13. The trade was a 8.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through 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 Friday, October 9th, Fernando Lovisotto sold 12,533 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.34, for a total transaction of $142,124.22.
• On Thursday, October 8th, Fernando Lovisotto sold 4,316 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.95, for a total transaction of $47,260.20.
• On Wednesday, October 7th, Fernando Lovisotto sold 2,632 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.71, for a total transaction of $28,188.72.
• 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 value of $56,278.85.
• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.44, for a total value of $122,649.12.

Vinci Compass Investments Stock Performance

VINP opened at $10.83 on Thursday. The stock has a market cap of $708.50 million, a P/E ratio of 15.47 and a beta of 0.26. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58. The stock’s 50 day simple moving average is $9.76 and its 200 day simple moving average is $10.04. Vinci Compass Investments Ltd. has a 1-year low of $9.13 and a 1-year high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last released its quarterly earnings data 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). Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. The firm had revenue of $54.05 million during the quarter, compared to analysts’ expectations of $56.12 million. As a group, equities analysts anticipate that Vinci Compass Investments Ltd. will post 0.80 EPS for the current fiscal year.

Vinci Compass Investments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders 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 yield of 6.3%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments’s payout ratio is presently 97.14%.

Key Headlines Impacting Vinci Compass Investments

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.

Institutional Trading of Vinci Compass Investments

Several institutional investors and hedge funds have recently modified their holdings of VINP. Engineers Gate Manager LP grew its position in shares of Vinci Compass Investments by 46.0% in 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 purchased a new position in shares of Vinci Compass Investments during the 2nd quarter worth approximately $54,000. Endure Capital Management LLC purchased a new position in shares of Vinci Compass Investments during the 1st quarter worth approximately $3,531,000. Renaissance Technologies LLC increased 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 worth $896,000 after purchasing an additional 9,264 shares in the last quarter. Finally, SPX Gestao de Recursos Ltda raised its position 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 worth $49,291,000 after purchasing an additional 671,448 shares during the last quarter. Hedge funds and other institutional investors own 34.07% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on VINP. JPMorgan Chase & Co. dropped their price target on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating for the company in a research report on Thursday, September 10th. Weiss Ratings downgraded Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. Finally, Zacks Research lowered shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. One 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’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target 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.