Vinci Compass Investments (NASDAQ:VINP) Insider Sells $26,631.50 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 2,450 shares of the company’s stock in a transaction on Friday, October 16th. The stock was sold at an average price of $10.87, for a total value of $26,631.50. Following the sale, the insider directly owned 978,332 shares in the company, valued at $10,634,468.84. This represents a 0.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 Thursday, October 15th, Augusto Zaremba sold 8,317 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.88, for a total value of $90,488.96.
• On Wednesday, October 14th, Augusto Zaremba sold 7,200 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.89, for a total value of $78,408.00.
• 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 Stock Up 0.4%

Shares of VINP traded up $0.04 during midday trading on Monday, hitting $10.97. The company had a trading volume of 402,821 shares, compared to its average volume of 68,345. Vinci Compass Investments Ltd. has a 1 year low of $9.13 and a 1 year high of $13.61. The firm has a market capitalization of $717.66 million, a P/E ratio of 15.67 and a beta of 0.26. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58. The company’s 50-day simple moving average is $9.80 and its 200-day simple moving average is $10.06.

Vinci Compass Investments (NASDAQ:VINP) last released its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The firm had revenue of $54.05 million for the quarter, compared to analysts’ expectations of $56.12 million. Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. As a group, sell-side analysts expect that Vinci Compass Investments Ltd. will post 0.80 EPS for the current year.

Vinci Compass Investments Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 6.2%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments’s payout ratio is 97.14%.

Institutional Investors Weigh In On Vinci Compass Investments

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Pension & Wealth Management Advisors Inc. lifted its stake in Vinci Compass Investments by 6.3% during the third quarter. Pension & Wealth Management Advisors Inc. now owns 42,565 shares of the company’s stock worth $398,000 after purchasing an additional 2,541 shares during the last quarter. Engineers Gate Manager LP boosted its holdings in 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 in the last quarter. Public Employees Retirement System of Ohio purchased a new position in Vinci Compass Investments in the second quarter valued at approximately $54,000. Endure Capital Management LLC purchased a new position in Vinci Compass Investments in the first quarter valued at approximately $3,531,000. Finally, Renaissance Technologies LLC increased 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 purchasing an additional 9,264 shares during the last quarter. Institutional investors and hedge funds own 34.07% of the company’s stock.

Analyst Upgrades and Downgrades

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