Vinci Compass Investments (NASDAQ:VINP) Insider Bruno Augusto Sacchi Zaremba Sells 13,390 Shares of Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Augusto Zaremba sold 13,390 shares of Vinci Compass Investments stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $11.47, for a total value of $153,583.30. Following the completion of the sale, the insider directly owned 1,003,352 shares in the company, valued at $11,508,447.44. This trade represents a 1.32% decrease in their ownership of the stock. The sale 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 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 value 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 value 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 value of $38,248.96.

Vinci Compass Investments Price Performance

NASDAQ:VINP traded down $0.30 during trading hours on Tuesday, reaching $11.20. The stock had a trading volume of 77,282 shares, compared to its average volume of 71,803. 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 52 week low of $9.13 and a 52 week high of $13.61. The company has a 50 day moving average price of $9.71 and a two-hundred day moving average price of $10.03. The stock has a market capitalization of $732.70 million, a PE ratio of 15.33 and a beta of 0.26.

Vinci Compass Investments (NASDAQ:VINP) last issued its quarterly earnings data 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). The firm had revenue of $54.05 million for the quarter, compared to analysts’ expectations of $56.12 million. Vinci Compass Investments had a return on equity of 12.65% and a net margin of 23.77%. As a group, sell-side analysts anticipate that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current fiscal year.

Vinci Compass Investments Announces Dividend

The firm also recently declared 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 6.1%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments’s payout ratio is currently 97.14%.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Vinci Compass Investments

Several hedge funds and other institutional investors have recently made changes to their positions in the company. SPX Gestao de Recursos Ltda raised its stake 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 valued at $49,291,000 after acquiring an additional 671,448 shares during the period. Endure Capital Management LLC purchased a new position in shares of Vinci Compass Investments during the 1st quarter worth about $3,531,000. Rockefeller Capital Management L.P. purchased a new position in shares of Vinci Compass Investments during the 4th quarter worth about $1,324,000. Renaissance Technologies LLC grew its holdings in Vinci Compass Investments by 12.2% during the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company’s stock valued at $896,000 after purchasing an additional 9,264 shares during the last quarter. Finally, Deltec Asset Management LLC grew its holdings in Vinci Compass Investments by 136.1% during the 1st 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. 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.