Vinci Compass Investments (NASDAQ:VINP) Stock: Insider Bruno Augusto Sacchi Zaremba Sells 7,053 Shares

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 7,053 shares of the company’s stock in a transaction on Tuesday, October 13th. The stock was sold at an average price of $11.19, for a total transaction of $78,923.07. Following the transaction, the insider owned 996,299 shares of the company’s stock, valued at $11,148,585.81. This represents a 0.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 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 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 transaction 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 transaction of $240,657.48.
• On Thursday, October 8th, Augusto Zaremba sold 5,325 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.94, for a total transaction of $58,255.50.
• On Wednesday, October 7th, Augusto Zaremba sold 3,568 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.72, for a total transaction of $38,248.96.

Vinci Compass Investments Price Performance

Vinci Compass Investments stock traded down $0.02 during midday trading on Friday, reaching $10.93. The company had a trading volume of 30,431 shares, compared to its average volume of 74,184. The company has a market capitalization of $715.04 million, a P/E ratio of 15.61 and a beta of 0.26. Vinci Compass Investments Ltd. has a 12-month low of $9.13 and a 12-month high of $13.61. The firm’s fifty day simple moving average is $9.80 and its 200-day simple moving average is $10.06. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58.

Vinci Compass Investments (NASDAQ:VINP) last posted its quarterly earnings data 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 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, equities analysts anticipate that Vinci Compass Investments Ltd. will post 0.80 EPS for the current year.

Vinci Compass Investments Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on VINP. JPMorgan Chase & Co. reduced their price objective on 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. 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. Finally, Zacks Research cut shares of Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Vinci Compass Investments has a consensus rating of “Hold” and a consensus price target of $14.00.

Hedge Funds Weigh In On Vinci Compass Investments

A number of institutional investors have recently added to or reduced their stakes in VINP. SPX Gestao de Recursos Ltda grew its holdings in 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 buying an additional 671,448 shares in the last quarter. Endure Capital Management LLC purchased a new position in shares of Vinci Compass Investments during the 1st quarter worth $3,531,000. Rockefeller Capital Management L.P. purchased a new position in shares of Vinci Compass Investments during the 4th quarter worth $1,324,000. Renaissance Technologies LLC raised its holdings in shares of Vinci Compass Investments by 12.2% during the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock worth $896,000 after acquiring an additional 9,264 shares during the period. Finally, Deltec Asset Management LLC boosted its position in shares of Vinci Compass Investments by 136.1% during the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock valued at $632,000 after acquiring an additional 34,553 shares during the last quarter. Hedge funds and other institutional investors own 34.07% of the company’s stock.

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.