Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells $58,255.50 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 5,325 shares of the firm’s stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $10.94, for a total transaction of $58,255.50. Following the completion of the sale, the insider directly owned 1,037,964 shares of the company’s stock, valued at approximately $11,355,326.16. This represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at 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 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 Tuesday, October 13th, Augusto Zaremba sold 7,053 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.19, for a total transaction of $78,923.07.
• 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 stock was sold at an average price of $11.34, for a total transaction of $240,657.48.
• 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 Stock Performance

Shares of VINP opened at $10.95 on Friday. The company has a 50-day simple moving average of $9.78 and a two-hundred day simple moving average of $10.05. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58. The firm has a market capitalization of $716.35 million, a PE ratio of 15.64 and a beta of 0.26. Vinci Compass Investments Ltd. has a one year low of $9.13 and a one year high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last posted its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. The firm had revenue of $54.05 million for the quarter, compared to analysts’ expectations of $56.12 million. On average, analysts anticipate that Vinci Compass Investments Ltd. will post 0.80 EPS for the current fiscal 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. The ex-dividend date was Tuesday, August 25th. This represents a $0.68 annualized dividend and a dividend yield of 6.2%. Vinci Compass Investments’s payout ratio is currently 97.14%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Zacks Research downgraded Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. Weiss Ratings lowered Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a report on Thursday, September 10th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Vinci Compass Investments presently has a consensus rating of “Hold” and a consensus target price of $14.00.

Institutional Investors Weigh In On Vinci Compass Investments

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Engineers Gate Manager LP increased its stake in shares of Vinci Compass Investments by 46.0% during the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock valued at $158,000 after purchasing an additional 5,129 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Vinci Compass Investments in the 2nd quarter worth approximately $54,000. Endure Capital Management LLC bought a new stake in shares of Vinci Compass Investments in the 1st quarter worth approximately $3,531,000. Renaissance Technologies LLC boosted its position in shares of Vinci Compass Investments by 12.2% in the 1st 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, SPX Gestao de Recursos Ltda grew its stake in shares of 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 worth $49,291,000 after buying an additional 671,448 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.