Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells 7,291 Shares of Company Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 7,291 shares of the business’s stock in a transaction dated Thursday, October 22nd. The stock was sold at an average price of $11.42, for a total value of $83,263.22. Following the transaction, the insider owned 935,257 shares in the company, valued at approximately $10,680,634.94. This represents a 0.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 Wednesday, October 21st, Augusto Zaremba sold 3,843 shares of Vinci Compass Investments stock. The stock was 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 shares were 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 shares were 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 stock was 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 stock was sold at an average price of $10.89, for a total value of $78,408.00.
• On Tuesday, October 13th, Augusto Zaremba sold 7,053 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.19, for a total value of $78,923.07.
• 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 shares were 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 shares were sold at an average price of $10.94, for a total transaction of $58,255.50.

Vinci Compass Investments Stock Up 0.3%

Shares of NASDAQ VINP traded up $0.03 during trading on Friday, reaching $11.49. 208,065 shares of the stock were exchanged, compared to its average volume of 100,077. The business’s 50-day moving average price is $9.92 and its 200 day moving average price is $10.07. Vinci Compass Investments Ltd. has a twelve month low of $9.13 and a twelve 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 company has a market capitalization of $751.68 million, a price-to-earnings ratio of 16.41 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last announced its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). The firm had revenue of $54.05 million during 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%. As a group, equities analysts forecast that Vinci Compass Investments Ltd. will post 0.80 EPS for the current fiscal year.

Vinci Compass Investments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were issued 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 5.9%. Vinci Compass Investments’s payout ratio is currently 97.14%.

Institutional Trading of Vinci Compass Investments

A number of hedge funds have recently made changes to their positions in the stock. SPX Gestao de Recursos Ltda increased its stake in shares of Vinci Compass Investments by 16.8% in the first quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock worth $49,291,000 after buying an additional 671,448 shares during the last quarter. Endure Capital Management LLC acquired a new stake in Vinci Compass Investments in the first quarter valued at $3,531,000. Rockefeller Capital Management L.P. acquired a new stake in Vinci Compass Investments in the fourth quarter valued at $1,324,000. Renaissance Technologies LLC boosted its stake in Vinci Compass Investments by 12.2% during the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock valued at $896,000 after acquiring an additional 9,264 shares during the last quarter. Finally, Deltec Asset Management LLC boosted its stake in 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. Institutional investors and hedge funds own 34.07% of the company’s stock.

Analysts Set New Price Targets

VINP has been the subject of several recent analyst reports. Weiss Ratings downgraded Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. JPMorgan Chase & Co. cut their price target on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a research note on Thursday, September 10th. Finally, Zacks Research downgraded Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $14.00.

Vinci Compass Investments Company Profile

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.