Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells 19,815 Shares of Company Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 19,815 shares of the business’s stock in a transaction dated Friday, October 23rd. The stock was sold at an average price of $11.43, for a total value of $226,485.45. Following the completion of the sale, the insider owned 915,442 shares in the company, valued at $10,463,502.06. This represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed 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 Thursday, October 22nd, Augusto Zaremba sold 7,291 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.42, for a total value of $83,263.22.
• On Wednesday, October 21st, Augusto Zaremba sold 3,843 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.29, for a total value of $43,387.47.
• On Tuesday, October 20th, Augusto Zaremba sold 15,668 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.20, for a total value of $175,481.60.
• On Monday, October 19th, Augusto Zaremba sold 16,273 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.96, for a total value of $178,352.08.
• On Friday, October 16th, Augusto Zaremba sold 2,450 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.87, for a total value of $26,631.50.
• 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 transaction of $78,408.00.
• On Tuesday, October 13th, Augusto Zaremba sold 7,053 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.19, for a total transaction 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 transaction 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 transaction of $240,657.48.

Vinci Compass Investments Price Performance

Vinci Compass Investments stock traded down $2.33 during mid-day trading on Monday, reaching $9.16. 441,253 shares of the company’s stock traded hands, compared to its average volume of 108,669. Vinci Compass Investments Ltd. has a 12-month low of $8.91 and a 12-month high of $13.61. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38. The stock has a 50 day moving average of $9.96 and a two-hundred day moving average of $10.08. The company has a market cap of $599.25 million, a price-to-earnings ratio of 15.32 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last issued its quarterly earnings data 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 business had revenue of $54.05 million during the quarter, compared to analysts’ expectations of $56.12 million. Equities analysts forecast 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. Shareholders of record on Tuesday, August 25th were given a dividend of $0.17 per share. The ex-dividend date was Tuesday, August 25th. This represents a $0.68 dividend on an annualized basis and a yield of 7.4%. Vinci Compass Investments’s dividend payout ratio is 97.14%.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Vinci Compass Investments

Hedge funds have recently added to or reduced their stakes in the company. Endure Capital Management LLC purchased a new stake in Vinci Compass Investments in the 1st quarter worth about $3,531,000. SPX Gestao de Recursos Ltda boosted its position in shares of Vinci Compass Investments by 16.8% during the first quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock valued at $49,291,000 after buying an additional 671,448 shares during the period. Rockefeller Capital Management L.P. purchased a new position in shares of Vinci Compass Investments during the fourth quarter valued at approximately $1,324,000. Pension & Wealth Management Advisors Inc. grew its stake 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 valued at $398,000 after buying an additional 2,541 shares during the last quarter. Finally, Engineers Gate Manager LP grew its stake 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 valued at $158,000 after buying an additional 5,129 shares during the last quarter. 34.07% of the stock is currently owned by institutional investors.

About Vinci Compass Investments

Vinci Compass Investments Ltd. is an alternative investment platform focused on Latin America. The company manages capital for institutional investors, family offices, high-net-worth individuals and other clients through a range of public- and private-market strategies.

Its investment activities include private equity, infrastructure, real estate, private credit, hedge funds, equities, fixed income and other customized investment solutions. Through its Vinci and Compass businesses, the company provides asset management and advisory services designed to give clients access to opportunities across Brazil and other Latin American markets.

Vinci Partners, the company’s principal operating business, was founded in Brazil in 2009.