Vinci Compass Investments (NASDAQ:VINP) Insider Sells $142,124.22 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 12,533 shares of Vinci Compass Investments stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $11.34, for a total transaction of $142,124.22. Following the completion of the sale, the insider owned 94,978 shares of the company’s stock, valued at $1,077,050.52. This trade represents a 11.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 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 transaction 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 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 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 stock was sold at an average price of $10.44, for a total transaction of $122,649.12.

Vinci Compass Investments Stock Performance

Shares of NASDAQ VINP traded down $0.30 during midday trading on Tuesday, reaching $11.20. The company had a trading volume of 77,282 shares, compared to its average volume of 71,803. Vinci Compass Investments Ltd. has a 1 year low of $9.13 and a 1 year high of $13.61. The business’s 50-day simple moving average is $9.71 and its 200 day simple moving average is $10.03. 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 stock has a market cap of $732.70 million, a P/E ratio of 15.33 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last announced its quarterly earnings data 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 company had revenue of $54.05 million for the quarter, compared to analysts’ expectations of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. On average, analysts forecast that Vinci Compass Investments Ltd. will post 0.80 earnings per share 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. Investors of record on Tuesday, August 25th were paid a $0.17 dividend. The ex-dividend date was Tuesday, August 25th. This represents a $0.68 dividend on an annualized basis and a yield of 6.1%. Vinci Compass Investments’s dividend payout ratio (DPR) is 97.14%.

Hedge Funds Weigh In On Vinci Compass Investments

A number of institutional investors have recently bought and sold shares of VINP. SPX Gestao de Recursos Ltda lifted 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 acquiring an additional 671,448 shares during the period. Endure Capital Management LLC acquired a new stake in shares of Vinci Compass Investments in the first quarter worth $3,531,000. Rockefeller Capital Management L.P. acquired a new stake in shares of Vinci Compass Investments in the fourth quarter worth $1,324,000. Renaissance Technologies LLC raised its holdings in shares of Vinci Compass Investments by 12.2% during the first quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock worth $896,000 after purchasing an additional 9,264 shares during the last quarter. Finally, Deltec Asset Management LLC raised its holdings in shares of Vinci Compass Investments by 136.1% during the first quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock worth $632,000 after purchasing an additional 34,553 shares during the last quarter. 34.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on VINP. Weiss Ratings cut Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. JPMorgan Chase & Co. cut their price objective 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. Finally, Zacks Research cut Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average 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.