Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells $28,188.72 in Stock

Key Points

• Insider selling: Fernando Lovisotto sold 2,632 VINP shares for $28,188.72 under a Rule 10b5-1 plan, reducing his position by 0.27% to 966,626 shares. He also sold additional shares in three nearby transactions totaling approximately $226,188.
• Stock performance and financials: VINP shares rose 4.9% to $11.54, while the company’s latest quarterly earnings and revenue fell short of analyst estimates.
• Dividend and analyst view: Vinci Compass pays a quarterly dividend of $0.17, equivalent to a 5.9% annualized yield, but its 97.14% payout ratio is high. Analysts have a consensus “Hold” rating with a $14 average price target.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Fernando Lovisotto sold 2,632 shares of the company's stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $10.71, for a total value of $28,188.72. Following the sale, the insider owned 966,626 shares in the company, valued at $10,352,564.46. The trade was a 0.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through 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 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 Tuesday, October 6th, Fernando Lovisotto sold 5,245 shares of Vinci Compass Investments stock. The shares were 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 Up 4.9%

Shares of Vinci Compass Investments stock traded up $0.54 on Friday, reaching $11.54. 225,717 shares of the company were exchanged, compared to its average volume of 66,195. The company has a market capitalization of $754.97 million, a price-to-earnings ratio of 16.49 and a beta of 0.26. The company has a current ratio of 3.58, a quick ratio of 3.58 and a debt-to-equity ratio of 0.38. Vinci Compass Investments Ltd. has a one year low of $9.13 and a one year high of $13.61. The company has a 50-day moving average of $9.65 and a 200 day moving average of $10.02.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). The firm had revenue of $54.05 million during the quarter, compared to the consensus estimate of $56.12 million. Vinci Compass Investments had a net margin of 23.77% and a return on equity of 12.65%. On average, equities research analysts forecast that Vinci Compass Investments Ltd. will post 0.8 earnings per share for the current year.

Vinci Compass Investments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Tuesday, August 25th were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend was Tuesday, August 25th. Vinci Compass Investments's dividend payout ratio (DPR) is 97.14%.

Hedge Funds Weigh In On Vinci Compass Investments

Institutional investors and hedge funds have recently modified their holdings of the stock. Public Employees Retirement System of Ohio bought a new position in shares of Vinci Compass Investments in the second quarter valued at about $54,000. Engineers Gate Manager LP boosted its holdings in shares of Vinci Compass Investments by 46.0% during the 2nd quarter. Engineers Gate Manager LP now owns 16,279 shares of the company's stock worth $158,000 after buying an additional 5,129 shares during the period. R Squared Ltd boosted its holdings in shares of Vinci Compass Investments by 6.4% during the 1st quarter. R Squared Ltd now owns 52,686 shares of the company's stock worth $556,000 after buying an additional 3,153 shares during the period. Deltec Asset Management LLC grew its stake in Vinci Compass Investments by 136.1% in the 1st quarter. Deltec Asset Management LLC now owns 59,934 shares of the company's stock valued at $632,000 after buying an additional 34,553 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in Vinci Compass Investments by 12.2% in the 1st quarter. Renaissance Technologies LLC now owns 84,900 shares of the company's stock valued at $896,000 after buying an additional 9,264 shares during the last quarter. 34.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on VINP shares. 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 reiterated a "hold (c)" rating on shares of Vinci Compass Investments in a report on Friday, September 11th. Finally, JPMorgan Chase & Co. lowered 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 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. According to MarketBeat, Vinci Compass Investments currently has a consensus rating of "Hold" and an average price target 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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