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

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 3,568 shares of the firm’s stock in a transaction on Wednesday, October 7th. The stock was sold at an average price of $10.72, for a total transaction of $38,248.96. Following the completion of the sale, the insider owned 1,043,289 shares in the company, valued at $11,184,058.08. This represents a 0.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 stock was 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 Performance

Shares of NASDAQ VINP traded down $0.30 during mid-day trading on Tuesday, hitting $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 12 month low of $9.13 and a 12 month high of $13.61. The firm has a market cap of $732.70 million, a P/E ratio of 15.33 and a beta of 0.26. 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 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 issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share (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 the consensus estimate 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, analysts predict 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 disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were issued a dividend of $0.17 per share. 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 (DPR) is presently 97.14%.

Analyst Ratings Changes

VINP has been the topic of a number of research reports. Zacks Research cut Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. JPMorgan Chase & Co. reduced their target price on 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 Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $14.00.

Institutional Trading of Vinci Compass Investments

Several institutional investors have recently made changes to their positions in VINP. SPX Gestao de Recursos Ltda boosted its position in shares of 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 in the last quarter. Endure Capital Management LLC bought a new stake in Vinci Compass Investments in the first quarter valued at about $3,531,000. Rockefeller Capital Management L.P. acquired a new position in Vinci Compass Investments in the fourth quarter worth about $1,324,000. Renaissance Technologies LLC raised its position in Vinci Compass Investments by 12.2% in 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 in the last quarter. Finally, Deltec Asset Management LLC raised its position in Vinci Compass Investments by 136.1% in 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 in the last quarter. 34.07% of the stock is currently owned by institutional investors and hedge funds.

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.