Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells $56,278.85 in Stock

Vinci Compass Investments Ltd. (NASDAQ:VINP) insider Fernando Lovisotto sold 5,245 shares of the firm’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $10.73, for a total value of $56,278.85. Following the completion of the sale, the insider directly owned 969,258 shares in the company, valued at $10,400,138.34. The trade was a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, October 8th, Fernando Lovisotto sold 4,316 shares of Vinci Compass Investments stock. The shares were sold at an average price of $10.95, for a total value 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 value of $28,188.72.
• On Monday, October 5th, Fernando Lovisotto sold 11,748 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.44, for a total value of $122,649.12.
• On Friday, July 10th, Fernando Lovisotto sold 1,034 shares of Vinci Compass Investments stock. The stock was sold at an average price of $10.05, for a total value of $10,391.70.

Vinci Compass Investments Price Performance

VINP opened at $11.54 on Friday. 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 stock has a market capitalization of $754.95 million, a PE ratio of 16.49 and a beta of 0.26. The stock’s 50 day moving average price is $9.68 and its 200-day moving average price is $10.03. Vinci Compass Investments Ltd. has a 52-week low of $9.13 and a 52-week high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last announced its quarterly 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). The business had revenue of $54.05 million during 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%. On average, equities research analysts predict that Vinci Compass Investments Ltd. will post 0.80 EPS for the current year.

Vinci Compass Investments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were issued a $0.17 dividend. The ex-dividend date was Tuesday, August 25th. This represents a $0.68 annualized dividend and a yield of 5.9%. Vinci Compass Investments’s dividend payout ratio is 97.14%.

Institutional Trading of Vinci Compass Investments

Hedge funds and other institutional investors have recently modified their holdings of the business. R Squared Ltd lifted its position in Vinci Compass Investments by 6.4% during the 1st quarter. R Squared Ltd now owns 52,686 shares of the company’s stock valued at $556,000 after acquiring an additional 3,153 shares during the period. Engineers Gate Manager LP grew its holdings in Vinci Compass Investments by 46.0% in the second 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 during the period. Public Employees Retirement System of Ohio bought a new position in shares of Vinci Compass Investments during the second quarter valued at approximately $54,000. 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 valued at $896,000 after purchasing an additional 9,264 shares in the last quarter. Finally, Deltec Asset Management LLC lifted its holdings in shares of Vinci Compass Investments by 136.1% during the first 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. 34.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on VINP shares. Weiss Ratings cut shares of Vinci Compass Investments from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday. JPMorgan Chase & Co. cut their price objective 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. Finally, Zacks Research downgraded Vinci Compass Investments from a “hold” rating to a “strong sell” rating in a report on Thursday, September 10th. One equities 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 company presently has an average rating of “Hold” and a consensus 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.