Vinci Compass Investments Ltd. (NASDAQ:VINP – Get Free Report) insider Fernando Lovisotto sold 3,649 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $10.38, for a total value of $37,876.62. Following the completion of the sale, the insider owned 1,052,753 shares of the company’s stock, valued at approximately $10,927,576.14. This trade represents a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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 Wednesday, May 13th, Fernando Lovisotto sold 16,908 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.56, for a total value of $178,548.48.
- On Tuesday, May 12th, Fernando Lovisotto sold 4,310 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.52, for a total value of $45,341.20.
- On Monday, May 11th, Fernando Lovisotto sold 5,477 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.69, for a total value of $58,549.13.
- On Friday, May 8th, Fernando Lovisotto sold 2,161 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.86, for a total value of $23,468.46.
- On Thursday, May 7th, Fernando Lovisotto sold 5,146 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.84, for a total value of $55,782.64.
- On Wednesday, May 6th, Fernando Lovisotto sold 1,992 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.06, for a total value of $22,031.52.
- On Tuesday, May 5th, Fernando Lovisotto sold 2,713 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.90, for a total value of $29,571.70.
- On Monday, May 4th, Fernando Lovisotto sold 3,493 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.82, for a total value of $37,794.26.
- On Friday, May 1st, Fernando Lovisotto sold 1,937 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.97, for a total value of $21,248.89.
- On Thursday, April 30th, Fernando Lovisotto sold 4,987 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.93, for a total value of $54,507.91.
Vinci Compass Investments Trading Down 1.9%
Shares of NASDAQ:VINP opened at $10.28 on Friday. The company has a market cap of $672.52 million, a P/E ratio of 13.89 and a beta of 0.30. The stock’s 50-day moving average is $10.70 and its 200-day moving average is $11.85. Vinci Compass Investments Ltd. has a 52-week low of $9.20 and a 52-week high of $13.61. The company has a debt-to-equity ratio of 0.46, a quick ratio of 5.13 and a current ratio of 5.08.
Vinci Compass Investments Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Monday, May 25th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 6.6%. The ex-dividend date is Friday, May 22nd. Vinci Compass Investments’s dividend payout ratio is presently 91.89%.
Institutional Trading of Vinci Compass Investments
Several institutional investors have recently modified their holdings of VINP. Goldman Sachs Group Inc. raised its position in Vinci Compass Investments by 266.6% in the first quarter. Goldman Sachs Group Inc. now owns 172,866 shares of the company’s stock worth $1,749,000 after purchasing an additional 125,711 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in Vinci Compass Investments in the second quarter worth about $123,000. JPMorgan Chase & Co. raised its position in Vinci Compass Investments by 12.9% in the third quarter. JPMorgan Chase & Co. now owns 334,743 shares of the company’s stock worth $3,598,000 after purchasing an additional 38,154 shares in the last quarter. R Squared Ltd raised its position in Vinci Compass Investments by 54.2% in the third quarter. R Squared Ltd now owns 44,801 shares of the company’s stock worth $482,000 after purchasing an additional 15,747 shares in the last quarter. Finally, SPX Gestao de Recursos Ltda raised its position in Vinci Compass Investments by 7.4% in the third quarter. SPX Gestao de Recursos Ltda now owns 4,038,396 shares of the company’s stock worth $43,413,000 after purchasing an additional 278,612 shares in the last quarter. Institutional investors and hedge funds own 34.07% of the company’s stock.
Vinci Compass Investments News Roundup
Here are the key news stories impacting Vinci Compass Investments this week:
- Negative Sentiment: CFO Sergio Passos Ribeiro sold shares in multiple recent transactions, adding to concerns about insider distribution at Vinci Compass Investments (NASDAQ:VINP). SEC filing
- Negative Sentiment: Insiders Fernando Lovisotto and Bruno Augusto Sacchi Zaremba also sold shares on consecutive days, reinforcing the perception of broad insider selling. SEC filing
- Neutral Sentiment: Management noted the sales were executed under pre-arranged 10b5-1 trading plans, which means they may not reflect a change in the company’s outlook. SEC filing
- Neutral Sentiment: Recent coverage also highlighted the stock without pointing to a new business catalyst, leaving the insider activity as the main near-term driver. Article
Analysts Set New Price Targets
Several equities analysts recently commented on VINP shares. JPMorgan Chase & Co. upped their target price on shares of Vinci Compass Investments from $14.00 to $15.00 and gave the company an “overweight” rating in a research note on Monday, February 2nd. Weiss Ratings cut shares of Vinci Compass Investments from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Wall Street Zen cut shares of Vinci Compass Investments from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Zacks Research raised Vinci Compass Investments to a “hold” rating in a report on Thursday, April 16th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.00.
Read Our Latest Stock Report on VINP
Vinci Compass Investments Company Profile
Vinci Partners Investments Ltd. operates as an asset management firm in Brazil. The company focuses on private markets, liquid strategies, investment products and solutions, and retirement services. It offers private equity, infrastructure, real estate, credit, special situations, equities, hedge funds, and investment products and solutions comprising portfolio and management services. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.
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