Vinci Compass Investments (NASDAQ:VINP) Stock: Insider Fernando Lovisotto Sells 5,511 Shares

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 5,511 shares of the business’s stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $10.87, for a total transaction of $59,904.57. Following the completion of the transaction, the insider directly owned 930,415 shares in the company, valued at $10,113,611.05. This trade represents a 0.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Fernando Lovisotto also recently made the following trade(s):

• On Tuesday, October 13th, Fernando Lovisotto sold 4,864 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.19, for a total transaction of $54,428.16.
• On Friday, October 9th, Fernando Lovisotto sold 12,533 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.34, for a total transaction of $142,124.22.
• On Monday, October 12th, Fernando Lovisotto sold 8,988 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.47, for a total transaction of $103,092.36.
• On Thursday, October 8th, Fernando Lovisotto sold 4,316 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.95, for a total transaction of $47,260.20.
• On Wednesday, October 7th, Fernando Lovisotto sold 2,632 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.71, for a total transaction of $28,188.72.
• On Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.73, for a total transaction of $56,278.85.
• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.44, for a total transaction of $122,649.12.

Vinci Compass Investments Stock Performance

Shares of Vinci Compass Investments stock traded down $0.02 on Friday, reaching $10.93. 30,431 shares of the company traded hands, compared to its average volume of 74,184. Vinci Compass Investments Ltd. has a 52 week low of $9.13 and a 52 week high of $13.61. The company has a 50 day moving average of $9.80 and a 200 day moving average of $10.06. The firm has a market capitalization of $715.04 million, a PE ratio of 15.61 and a beta of 0.26. 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 company 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%. Equities analysts forecast that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current year.

Vinci Compass Investments Announces Dividend

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

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Vinci Compass Investments

Several hedge funds and other institutional investors have recently modified their holdings of VINP. Public Employees Retirement System of Ohio bought a new stake in shares of Vinci Compass Investments during the second quarter valued at about $54,000. Engineers Gate Manager LP boosted its position in shares of Vinci Compass Investments by 46.0% in the second quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock valued at $158,000 after acquiring an additional 5,129 shares during the period. Pension & Wealth Management Advisors Inc. boosted its position in shares of Vinci Compass Investments by 6.3% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 42,565 shares of the company’s stock valued at $398,000 after acquiring an additional 2,541 shares during the period. R Squared Ltd boosted its position in shares of Vinci Compass Investments by 6.4% in the first quarter. R Squared Ltd now owns 52,686 shares of the company’s stock valued at $556,000 after acquiring an additional 3,153 shares during the period. Finally, Deltec Asset Management LLC boosted its position in shares of Vinci Compass Investments by 136.1% in the first 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 period. 34.07% of the stock is currently owned by institutional investors.

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.