Vinci Compass Investments (NASDAQ:VINP) Stock: Insider Fernando Lovisotto Sells 5,874 Shares

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 5,874 shares of the business’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $10.87, for a total value of $63,850.38. Following the sale, the insider owned 924,541 shares in the company, valued at $10,049,760.67. This represents a 0.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 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 16th, Fernando Lovisotto sold 2,024 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.87, for a total value of $22,000.88.
• On Wednesday, October 14th, Fernando Lovisotto sold 5,511 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.87, for a total value of $59,904.57.
• On Tuesday, October 13th, Fernando Lovisotto sold 4,864 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.19, for a total value of $54,428.16.
• 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 value of $142,124.22.
• On Monday, October 12th, Fernando Lovisotto sold 8,988 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.47, for a total value of $103,092.36.
• On Thursday, October 8th, Fernando Lovisotto sold 4,316 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.95, for a total value 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 value of $28,188.72.
• On Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.73, for a total transaction of $56,278.85.
• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.44, for a total transaction of $122,649.12.

Vinci Compass Investments Trading Up 0.4%

NASDAQ:VINP traded up $0.04 during mid-day trading on Monday, hitting $10.97. 402,821 shares of the company’s stock were exchanged, compared to its average volume of 68,345. The company has a 50 day simple moving average of $9.80 and a 200-day simple moving average of $10.06. The company has a current ratio of 3.58, a quick ratio of 3.58 and a debt-to-equity ratio of 0.38. Vinci Compass Investments Ltd. has a fifty-two week low of $9.13 and a fifty-two week 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.

Vinci Compass Investments (NASDAQ:VINP) last posted 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). 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 the consensus estimate of $56.12 million. As a group, research analysts expect that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current year.

Vinci Compass Investments Dividend Announcement

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Endure Capital Management LLC acquired a new position in shares of Vinci Compass Investments in the 1st quarter worth approximately $3,531,000. SPX Gestao de Recursos Ltda boosted its stake 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 last quarter. Rockefeller Capital Management L.P. bought a new stake in shares of Vinci Compass Investments in the 4th quarter valued at $1,324,000. Pension & Wealth Management Advisors Inc. increased its position in shares of 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 buying an additional 2,541 shares during the period. Finally, Engineers Gate Manager LP increased its position in shares of Vinci Compass Investments by 46.0% during the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after buying an additional 5,129 shares during the period. Institutional investors own 34.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on VINP shares. JPMorgan Chase & Co. cut 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 lowered Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. Finally, Weiss Ratings cut Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research note 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’s stock. According to MarketBeat, the stock presently has an average 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.