Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells $142,124.22 in Stock

Key Points

• Insider selling: Fernando Lovisotto sold 12,533 VINP shares for $142,124 under a pre-arranged Rule 10b5-1 plan, reducing his position by 11.66% to 94,978 shares. He also made several additional sales during the same week.
• Stock and financial performance: VINP shares fell 2.6% to $11.20, while the company’s latest quarterly earnings and revenue came in below analyst expectations.
• Dividend and analyst outlook: Vinci declared a $0.17 quarterly dividend, equivalent to a 6.1% yield, but analysts’ consensus rating remained “Hold,” with a $14 target price and ratings ranging from Buy to Sell.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Fernando Lovisotto sold 12,533 shares of the company's stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $11.34, for a total transaction of $142,124.22. Following the completion of the sale, the insider directly owned 94,978 shares of the company's stock, valued at $1,077,050.52. The trade was a 11.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, October 12th, Fernando Lovisotto sold 8,988 shares of Vinci Compass Investments stock. The shares were 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 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 shares were sold at an average price of $10.71, for a total value 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 value of $56,278.85.
• 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.

Vinci Compass Investments Stock Down 2.6%

Shares of NASDAQ VINP traded down $0.30 during mid-day trading on Tuesday, reaching $11.20. 77,282 shares of the company were exchanged, compared to its average volume of 71,803. The company has a quick ratio of 3.58, a current ratio of 3.58 and a debt-to-equity ratio of 0.38. The stock has a market cap of $732.70 million, a price-to-earnings ratio of 15.33 and a beta of 0.26. Vinci Compass Investments Ltd. has a 1 year low of $9.13 and a 1 year high of $13.61. The firm has a 50-day moving average of $9.71 and a 200 day moving average of $10.03.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.19 earnings per share 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 company had revenue of $54.05 million for the quarter, compared to the consensus estimate of $56.12 million. On average, research analysts expect that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current year.

Vinci Compass Investments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Tuesday, August 25th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments's dividend payout ratio is presently 97.14%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. SPX Gestao de Recursos Ltda raised its stake in 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 buying an additional 671,448 shares during the last quarter. Endure Capital Management LLC acquired a new stake in Vinci Compass Investments in the first quarter worth about $3,531,000. Rockefeller Capital Management L.P. acquired a new stake in Vinci Compass Investments in the fourth quarter worth about $1,324,000. Deltec Asset Management LLC boosted its holdings in Vinci Compass Investments by 136.1% in the first quarter. Deltec Asset Management LLC now owns 59,934 shares of the company's stock worth $632,000 after acquiring an additional 34,553 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in Vinci Compass Investments by 12.2% in 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. 34.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VINP has been the topic of a number of recent analyst reports. Zacks Research cut shares of Vinci Compass Investments from a "hold" rating to a "strong sell" rating in a report on Thursday, September 10th. Weiss Ratings lowered shares of Vinci Compass Investments from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, October 8th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Vinci Compass Investments from $15.00 to $14.00 and set an "overweight" rating for the company in a research report on Thursday, September 10th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $14.00.

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.

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