Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells $78,408.00 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 7,200 shares of the business’s stock in a transaction on Wednesday, October 14th. The shares were sold at an average price of $10.89, for a total transaction of $78,408.00. Following the sale, the insider owned 989,099 shares of the company’s stock, valued at $10,771,288.11. This trade represents a 0.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is available 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 Tuesday, October 13th, Augusto Zaremba sold 7,053 shares of Vinci Compass Investments stock. The stock was 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 shares were sold at an average price of $11.34, for a total transaction of $240,657.48.
• 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 Trading Down 0.2%

NASDAQ:VINP opened at $10.93 on Friday. 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 50-day moving average of $9.80 and a 200-day moving average of $10.06. The company has a market cap of $715.04 million, a PE ratio of 15.61 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 announced 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 business had revenue of $54.05 million during 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, equities research analysts expect that Vinci Compass Investments Ltd. will post 0.80 EPS for the current fiscal year.

Vinci Compass Investments Announces Dividend

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

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Vinci Compass Investments

Hedge funds and other institutional investors have recently modified their holdings of the business. Pension & Wealth Management Advisors Inc. boosted its stake in shares of Vinci Compass Investments by 6.3% in the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 42,565 shares of the company’s stock worth $398,000 after buying an additional 2,541 shares during the last quarter. Engineers Gate Manager LP grew its holdings 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 in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Vinci Compass Investments during the second quarter valued at approximately $54,000. Endure Capital Management LLC purchased a new stake in shares of Vinci Compass Investments during the first quarter valued at approximately $3,531,000. Finally, Renaissance Technologies LLC increased 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 valued at $896,000 after acquiring an additional 9,264 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.