Vinci Compass Investments (NASDAQ:VINP) Insider Bruno Augusto Sacchi Zaremba Sells 3,568 Shares of Company Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 3,568 shares of the firm’s stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $10.72, for a total value of $38,248.96. Following the transaction, the insider directly owned 1,043,289 shares in the company, valued at approximately $11,184,058.08. The trade was a 0.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 Monday, October 12th, Augusto Zaremba sold 13,390 shares of Vinci Compass Investments stock. The shares were 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 shares were 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.

Vinci Compass Investments Stock Down 2.6%

Shares of NASDAQ VINP opened at $11.20 on Wednesday. The business has a 50-day moving average price of $9.74 and a 200 day moving average price of $10.04. The stock has a market cap of $732.70 million, a PE ratio of 16.00 and a beta of 0.26. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38. Vinci Compass Investments Ltd. has a 52-week low of $9.13 and a 52-week high of $13.61.

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

Vinci Compass Investments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio is presently 97.14%.

Analyst Ratings Changes

A number of equities analysts have recently commented on VINP shares. Zacks Research cut shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. JPMorgan Chase & Co. reduced their price target on shares of 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. Finally, Weiss Ratings cut shares of Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $14.00.

Vinci Compass Investments News Summary

Here are the key news stories impacting Vinci Compass Investments this week:

• Neutral Sentiment: The sales were executed under pre-arranged Rule 10b5-1 trading plans, which reduces the likelihood that they reflect a reaction to undisclosed company-specific concerns. Both insiders also retained substantial positions after the transactions.
• Negative Sentiment: Fernando Lovisotto sold 21,521 shares for approximately $245,217, reducing his holdings by roughly 20% across the disclosed transactions. SEC filing for Fernando Lovisotto insider sales
• Negative Sentiment: Augusto Zaremba sold 43,505 shares for approximately $490,745 over four transactions. Although the sales reduced his position by only about 4%, the repeated selling may weigh on investor sentiment and contribute to the stock’s recent weakness. SEC filing for Augusto Zaremba insider sales

Hedge Funds Weigh In On Vinci Compass Investments

A number of hedge funds and other institutional investors have recently made changes to their positions in VINP. SPX Gestao de Recursos Ltda raised 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 last quarter. Endure Capital Management LLC acquired a new stake in Vinci Compass Investments during the 1st quarter worth approximately $3,531,000. Rockefeller Capital Management L.P. purchased a new position in shares of Vinci Compass Investments in the 4th quarter valued at approximately $1,324,000. Deltec Asset Management LLC grew its stake in shares of Vinci Compass Investments by 136.1% in the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock valued at $632,000 after purchasing an additional 34,553 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of 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 period. Hedge funds and other institutional investors own 34.07% of the company’s stock.

Vinci Compass Investments Company Profile

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.