Vinci Compass Investments (NASDAQ:VINP) Stock: Insider Fernando Lovisotto Sells 5,511 Shares

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 5,511 shares of the firm’s stock in a transaction that occurred on Wednesday, October 14th. The stock was sold at an average price of $10.87, for a total transaction of $59,904.57. Following the transaction, the insider owned 930,415 shares in the company, valued at approximately $10,113,611.05. This trade represents a 0.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, October 13th, Fernando Lovisotto sold 4,864 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.19, for a total transaction of $54,428.16.
• On Friday, October 9th, Fernando Lovisotto sold 12,533 shares of Vinci Compass Investments stock. The shares were sold at an average price of $11.34, for a total transaction of $142,124.22.
• On Monday, October 12th, Fernando Lovisotto sold 8,988 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.47, for a total transaction of $103,092.36.
• On Thursday, October 8th, Fernando Lovisotto sold 4,316 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.95, for a total transaction of $47,260.20.
• On Wednesday, October 7th, Fernando Lovisotto sold 2,632 shares of Vinci Compass Investments stock. The stock was 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 shares were sold at an average price of $10.44, for a total transaction of $122,649.12.

Vinci Compass Investments Stock Performance

NASDAQ VINP traded up $0.12 during trading on Thursday, reaching $10.95. The company’s stock had a trading volume of 86,605 shares, compared to its average volume of 66,848. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.58 and a current ratio of 3.58. The firm has a market cap of $716.37 million, a price-to-earnings ratio of 15.64 and a beta of 0.26. Vinci Compass Investments Ltd. has a twelve month low of $9.13 and a twelve month high of $13.61. The business’s fifty day moving average price is $9.76 and its 200-day moving average price is $10.04.

Vinci Compass Investments (NASDAQ:VINP) last announced its earnings results on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $54.05 million during the quarter, compared to analysts’ expectations of $56.12 million. As a group, analysts anticipate that Vinci Compass Investments Ltd. will post 0.80 EPS for the current fiscal year.

Vinci Compass Investments Announces Dividend

The business 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 6.2%. The ex-dividend date was Tuesday, August 25th. Vinci Compass Investments’s payout ratio is 97.14%.

Wall Street Analyst Weigh In

Several analysts have commented on VINP shares. Zacks Research downgraded Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 10th. JPMorgan Chase & Co. dropped their target price on Vinci Compass Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a report on Thursday, September 10th. Finally, Weiss Ratings cut Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $14.00.

Hedge Funds Weigh In On Vinci Compass Investments

A number of large investors have recently bought and sold shares of VINP. Engineers Gate Manager LP lifted 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 acquiring an additional 5,129 shares during the period. Public Employees Retirement System of Ohio acquired a new position in shares of Vinci Compass Investments during the second quarter worth about $54,000. Endure Capital Management LLC acquired a new position in shares of Vinci Compass Investments during the first quarter worth about $3,531,000. Renaissance Technologies LLC increased its stake 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 during the period. Finally, SPX Gestao de Recursos Ltda raised its holdings in Vinci Compass Investments by 16.8% during the first quarter. SPX Gestao de Recursos Ltda now owns 4,672,173 shares of the company’s stock worth $49,291,000 after purchasing an additional 671,448 shares in the last quarter. Hedge funds and other institutional investors own 34.07% of the company’s stock.

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.