Vinci Compass Investments (NASDAQ:VINP) Insider Sells 11,748 Shares of Company Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 11,748 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $10.44, for a total value of $122,649.12. Following the transaction, the insider owned 974,503 shares of the company’s stock, valued at $10,173,811.32. This represents a 1.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.73, for a total value of $56,278.85.
• On Friday, July 10th, Fernando Lovisotto sold 1,034 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.05, for a total value of $10,391.70.

Vinci Compass Investments Stock Performance

Shares of VINP traded up $0.09 during midday trading on Wednesday, hitting $10.84. 38,054 shares of the stock traded hands, compared to its average volume of 65,388. The business’s 50 day moving average price is $9.60 and its two-hundred day moving average price is $10.00. The firm has a market capitalization of $709.15 million, a PE ratio of 15.49 and a beta of 0.26. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58. Vinci Compass Investments Ltd. has a 1-year low of $9.13 and a 1-year high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last issued its quarterly earnings data 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). Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. The firm had revenue of $54.05 million during the quarter, compared to the consensus estimate of $56.12 million. Equities research analysts predict that Vinci Compass Investments Ltd. will post 0.8 EPS for the current fiscal year.

Vinci Compass Investments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Tuesday, August 25th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 6.3%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio (DPR) is currently 97.14%.

Analyst Ratings Changes

A number of research analysts recently commented on VINP shares. JPMorgan Chase & Co. lowered their price objective on shares of 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. Zacks Research lowered Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Vinci Compass Investments in a research report on Friday, September 11th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $13.50.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio bought a new position in shares of Vinci Compass Investments in the second quarter valued at $54,000. Engineers Gate Manager LP boosted its stake in shares of Vinci Compass Investments by 46.0% during the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after acquiring an additional 5,129 shares in the last quarter. R Squared Ltd grew its holdings in shares of Vinci Compass Investments by 6.4% in the 1st quarter. R Squared Ltd now owns 52,686 shares of the company’s stock worth $556,000 after acquiring an additional 3,153 shares during the last quarter. Deltec Asset Management LLC grew its holdings in shares of Vinci Compass Investments by 136.1% in the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock worth $632,000 after acquiring an additional 34,553 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Vinci Compass Investments by 12.2% during 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 during the period. Institutional investors and hedge funds own 34.07% of the company’s stock.

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.