Vinci Compass Investments (NASDAQ:VINP) Insider Bruno Augusto Sacchi Zaremba Sells 7,053 Shares of Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 7,053 shares of the business’s stock in a transaction on Tuesday, October 13th. The stock was sold at an average price of $11.19, for a total value of $78,923.07. Following the completion of the transaction, the insider directly owned 996,299 shares in the company, valued at approximately $11,148,585.81. This represents a 0.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 Wednesday, October 14th, Augusto Zaremba sold 7,200 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.89, for a total value of $78,408.00.
• 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 value of $153,583.30.
• On Friday, October 9th, Augusto Zaremba sold 21,222 shares of Vinci Compass Investments stock. The stock was 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 stock was 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

VINP traded up $0.12 during midday trading on Thursday, reaching $10.95. The company had a trading volume of 86,605 shares, compared to its average volume of 66,848. Vinci Compass Investments Ltd. has a 12-month low of $9.13 and a 12-month high of $13.61. The business has a 50-day moving average price of $9.76 and a two-hundred day moving average price of $10.04. The stock has a market cap of $716.37 million, a PE ratio of 15.64 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 (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). Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. The company had revenue of $54.05 million for the quarter, compared to analysts’ expectations of $56.12 million. On average, sell-side analysts expect that Vinci Compass Investments Ltd. will post 0.80 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. 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%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of VINP. Engineers Gate Manager LP grew its stake in Vinci Compass Investments by 46.0% in the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company’s stock valued at $158,000 after buying 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 worth $54,000. Endure Capital Management LLC purchased a new stake in shares of Vinci Compass Investments during the first quarter worth $3,531,000. Renaissance Technologies LLC lifted 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 acquiring an additional 9,264 shares in the last quarter. Finally, SPX Gestao de Recursos Ltda boosted its holdings in shares of Vinci Compass Investments by 16.8% in the first quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock worth $49,291,000 after acquiring an additional 671,448 shares during the period. 34.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on VINP shares. 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 research 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. Based on data from MarketBeat, Vinci Compass Investments has an average rating of “Hold” and an average target price 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.