Vinci Compass Investments (NASDAQ:VINP) Stock: Insider Bruno Augusto Sacchi Zaremba Sells 21,222 Shares

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 21,222 shares of the firm’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $11.34, for a total transaction of $240,657.48. Following the sale, the insider directly owned 1,016,742 shares in the company, valued at approximately $11,529,854.28. The trade was a 2.04% decrease in their position. The sale 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 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.
• On Wednesday, October 7th, Augusto Zaremba sold 3,568 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.72, for a total transaction of $38,248.96.

Vinci Compass Investments Stock Performance

Vinci Compass Investments stock traded down $0.30 during midday trading on Tuesday, reaching $11.20. 77,282 shares of the company traded hands, 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 company has a debt-to-equity ratio of 0.38, a current ratio of 3.58 and a quick ratio of 3.58. The business has a 50 day moving average of $9.71 and a two-hundred day moving average of $10.03. The firm has a market capitalization of $732.70 million, a price-to-earnings ratio of 15.33 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last released its quarterly earnings results 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). 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, research analysts predict 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 given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments’s dividend payout ratio is 97.14%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds 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 2nd quarter valued at $54,000. Engineers Gate Manager LP increased its stake in shares of Vinci Compass Investments by 46.0% in the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock worth $158,000 after purchasing an additional 5,129 shares in the last quarter. R Squared Ltd increased its stake 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 purchasing an additional 3,153 shares in the last quarter. Deltec Asset Management LLC increased its stake 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 purchasing an additional 34,553 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in 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 during the period. Hedge funds and other institutional investors own 34.07% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. 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 price target on shares of 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 lowered shares of 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 issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $14.00.

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.