Insider Selling: Vinci Compass Investments (NASDAQ:VINP) Insider Sells 5,325 Shares of Stock

Key Points

• Insider selling: Augusto Zaremba sold 5,325 VINP shares for approximately $58,256 under a pre-arranged Rule 10b5-1 plan, reducing his stake by 0.51% to 1,037,964 shares. He also reported three other sales totaling 38,180 shares.
• Stock and financial performance: VINP traded at $11.20, within its 52-week range of $9.13 to $13.61. The company’s latest quarterly EPS and revenue fell short of analyst estimates.
• Dividend and analyst outlook: Vinci pays a quarterly dividend of $0.17, equivalent to a 6.1% annualized yield, while analysts’ consensus rating is “Hold” with a $14 price target; ratings range from “Strong Sell” to “Overweight.”

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) insider Augusto Zaremba sold 5,325 shares of the business's stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $10.94, for a total transaction of $58,255.50. Following the completion of the transaction, the insider directly owned 1,037,964 shares of the company's stock, valued at approximately $11,355,326.16. This represents a 0.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 Monday, October 12th, Augusto Zaremba sold 13,390 shares of Vinci Compass Investments stock. The stock was sold at an average price of $11.47, for a total transaction of $153,583.30.
• 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 transaction of $240,657.48.
• 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 transaction of $38,248.96.

Vinci Compass Investments Price Performance

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. Vinci Compass Investments Ltd. has a 52 week low of $9.13 and a 52 week high of $13.61. 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 capitalization of $732.70 million, a PE ratio of 15.33 and a beta of 0.26. The company's 50 day moving average price is $9.71 and its 200 day moving average price is $10.03.

Vinci Compass Investments (NASDAQ:VINP - Get Free Report) last announced its earnings results 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 company 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%. Sell-side analysts forecast that Vinci Compass Investments Ltd. will post 0.80 earnings per share for the current fiscal year.

Vinci Compass Investments Announces Dividend

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. The ex-dividend date was Tuesday, August 25th. This represents a $0.68 dividend on an annualized basis and a yield of 6.1%. Vinci Compass Investments's dividend payout ratio (DPR) is presently 97.14%.

Hedge Funds Weigh In On Vinci Compass Investments

A number of large investors have recently added to or reduced their stakes in VINP. SPX Gestao de Recursos Ltda lifted 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 worth $49,291,000 after purchasing an additional 671,448 shares during the last quarter. Endure Capital Management LLC purchased a new stake in Vinci Compass Investments during the first quarter valued at about $3,531,000. Rockefeller Capital Management L.P. purchased a new stake in Vinci Compass Investments during the fourth quarter valued at about $1,324,000. Deltec Asset Management LLC grew its stake 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 buying an additional 34,553 shares during the last quarter. Finally, Renaissance Technologies LLC grew 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 buying an additional 9,264 shares during the last quarter. Hedge funds and other institutional investors own 34.07% of the company's stock.

Analyst Upgrades and Downgrades

VINP has been the subject of several research reports. Zacks Research lowered Vinci Compass Investments from a "hold" rating to a "strong sell" rating in a research note on Thursday, September 10th. JPMorgan Chase & Co. reduced their price target on shares of 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, Weiss Ratings downgraded shares of Vinci Compass Investments from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, October 8th. One 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 stock. According to data from MarketBeat.com, Vinci Compass Investments 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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