Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells 4,316 Shares of Company Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 4,316 shares of the firm’s stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $10.95, for a total value of $47,260.20. Following the completion of the sale, the insider directly owned 962,310 shares of the company’s stock, valued at $10,537,294.50. The trade was a 0.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, October 7th, Fernando Lovisotto sold 2,632 shares of Vinci Compass Investments stock. The shares were 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 stock was 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 stock was sold at an average price of $10.44, for a total transaction of $122,649.12.

Vinci Compass Investments Trading Up 4.9%

Shares of NASDAQ:VINP traded up $0.54 on Friday, hitting $11.54. The company had a trading volume of 225,717 shares, compared to its average volume of 66,195. The firm’s 50-day simple moving average is $9.65 and its two-hundred day simple moving average is $10.02. Vinci Compass Investments Ltd. has a 1 year low of $9.13 and a 1 year high of $13.61. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $754.97 million, a price-to-earnings ratio of 16.49 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last announced 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). Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. The company had revenue of $54.05 million for the quarter, compared to analysts’ expectations of $56.12 million. Equities analysts anticipate that Vinci Compass Investments Ltd. will post 0.8 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. Shareholders of record on Tuesday, August 25th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments’s payout ratio is presently 97.14%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio bought a new stake in Vinci Compass Investments during the second quarter worth about $54,000. 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. R Squared Ltd lifted its holdings in shares of Vinci Compass Investments by 6.4% during the first quarter. R Squared Ltd now owns 52,686 shares of the company’s stock valued at $556,000 after purchasing an additional 3,153 shares during the last quarter. Deltec Asset Management LLC lifted its holdings in shares of Vinci Compass Investments by 136.1% during the first quarter. Deltec Asset Management LLC now owns 59,934 shares of the company’s stock valued at $632,000 after purchasing an additional 34,553 shares during the last quarter. Finally, 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. 34.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on VINP. JPMorgan Chase & Co. decreased 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. Zacks Research lowered Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vinci Compass Investments in a research note on Friday, September 11th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Vinci Compass Investments presently has an average rating of “Hold” and a consensus target price of $14.00.

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.